If it gets approval, Chi-Med would license it to a western pharmaceutical company, paving the way for a sizable up-front fee and future royalty payments.

如果审核通过，和黄中医将授权给西方制药公司，这样就能获得数量可观的预付金和特许使用金。

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Do you risk flying naked without free navigation or do you suck it up and swallow the above average royalty fee for each and every handset?

你会冒着无免费导航的险情而裸奔么？

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The ongoing franchise fee or royalty is usually expressed as either a percentage of the gross volume of the business or else as a fixed periodic payment amount.

持续特许经营费或使用费通常会表示为一定比例的业务销售总额或一个定期付款金额中任意一个。

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License agreements typically have a 10-year term, and require the licensee to pay the owner of the technology some combination of an upfront fee, royalty payments based on sales, and per diem and travel expenses of the engineers who help transfer the know-how and technology.

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This is on top of what is expected to be a 27% increase in the music royalty fee some time in 2013.

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As everyone knows, copyright laws exist to protect owners of the copyrighted work from having their music or films downloaded without paying their rightful owner a royalty fee.

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