「The running royalty shall be settled in every six months (hereinafter referred to as 」settlement Period「.」
连续的提成费每六个月结算一次(以下简称「结算期」)
Licensee agrees to pay the contract price composed of a fixed amount of an initial fee and a running royalty in __(currency) by telegraphic transfer (T/T) through Licensee「s bank to Licensor」s bank.
Licensee shall pay the running royalty at a rate of __ percent (__%) during Royalty Period and the calculation base is Net Selling Price of the sold Contract Products.