Phrases with «reasonable royalty»

The phrase "reasonable royalty" means a fair and acceptable amount of money that is paid to someone for using their invention, idea, or intellectual property. It ensures that both parties receive a fair share and value for their contributions. Full definition

Sentences with «reasonable royalty»

  • This California court awarded a 20 % reasonable royalty on defendant's infringing sales of a switchblade - style divot repair tool. (vlfconsulting.com)
  • The court found that the expert's reasonable royalty opinion was unreliable, being based upon a single litigation settlement that (a) occurred 5 years after the hypothetical negotiation,... LEARN MORE (vlfconsulting.com)
  • For example, an international application may trigger provisional rights, permitting the patentee to recover reasonable royalty damages for infringing use that occurs before a patent issues. (brookskushman.com)
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