Common use of Royalty Calculations Clause in Contracts

Royalty Calculations. Royalties shall not be due with respect to Licensed Products for which the purchase price has been refunded within [****] of delivery. In the event that only part of the purchase price is refunded, the royalty shall be applied in proportion to the amount of the purchase price not refunded.

Appears in 1 contract

Sources: License & Technology Transfer Agreement (Evergreen Solar Inc)

Royalty Calculations. Royalties shall not be due with respect to Licensed Products for which all or part of the purchase price has been refunded within [****] of delivery. In delivery (and such refunded amounts will be deducted from amounts to which the event that only part of the purchase price relevant royalty rate is refunded, the royalty shall be applied in proportion to the amount of the purchase price not refundedapplied).

Appears in 1 contract

Sources: License & Technology Transfer Agreement (Evergreen Solar Inc)

Royalty Calculations. Royalties shall not be due with respect to Licensed Products for which all or part of the purchase price has been refunded within [****] of delivery. In delivery (and such refunded amounts will be deducted from amounts to which the event that only part of the purchase price relevant royalty rate is refunded, the royalty shall be applied in proportion to the amount of the purchase price not refundedapplied).

Appears in 1 contract

Sources: License & Technology Transfer Agreement (Evergreen Solar Inc)