Spanish translation: regalía basada en el volumen de producción
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In consideration for the grant of license and assistance described before, Subsidiary shall pay to XXX a running royalty. Instead of having different royalty rates based on the actual market value of the XXXRights and XXXProprietary Information and Technology, which would require an extra book keeping and additional administrative efforts, the parties hereto, for convenince reasons, agree on a flat singles royalty of three percent of the Net External Sales of Subsidiary.