InterDigital Inc (IDCC)

[ziploc_1]

Loop:re 20%discount
If IDCC gives a 20% discount to NOK even though NOK declines to pay promptly, this means that the actual royalty rate was 20% less than what IDCC declared it was. e.g. if they say that the rate is .5% and then they let NOK pay .4% in 2004, their real rate becomes .4% . This could lead ERICY to demand a rebate and any licensees with an MFL clause in their agreement to assume that the real rate is .4% from which they could deduct another 20% for prompt payment. IMO IDCC does not have the luxury to give NOK a 20% discount unless they pay promptly.