Examples of Royalty Payments in a sentence
All Royalty Payments are based solely on base commissions actually received by DWC that are associated with the Products and Services purchased by Customers of Participant during the applicable period.
Upon any termination of this Agreement: (a) DWC will pay to Participant any and all undisputed Royalty Payments due and owing arising from this Agreement prior to the effective date of termination; (b) each Party will return or destroy the Confidential Information of the other Party; (c) each Party will immediately cease all use of the other party’s intellectual property; and (d) each Party will delete all references to the other Party on their website(s) and mobile applications.
Participant acknowledges and agrees that DWC may unilaterally change the Royalty Payments set forth above at any time, and that DWC may accordingly modify Participant’s Royalty Payment structure prospectively in accordance therewith upon thirty (30) days’ notice.
Royalty Payments shall be paid within thirty (30) days after the end of each calendar quarter.
The Royalty Payments outlined in Section 6.1 shall be Participant’s sole and exclusive compensation for its performance hereunder.