Also, the generic's maker must pay a "reasonable" royalty, although the law does not define reasonable.

At a rate of 11 basis points of assets under management, this was considered a reasonable royalty.

The patent holder gets a reasonable royalty, but does not have to consent.

There is nothing unreasonable about Apple expecting other implementers to license these patents and pay a reasonable royalty for their use.

Kodak insists that at most, Polaroid is entitled to a "reasonable royalty adequate to compensate it for injuries caused by the infringement."

"A reasonable royalty is what we're looking for," he said.

Congress or the courts should require the patentholder to grant mandatory licenses, at a reasonable royalty to all comers.

Rembrandt wants a "reasonable royalty" to cover the use of its tech.

What constitutes a "reasonable" royalty?

"You can get reasonable royalties, and deter potential infringers from blatantly infringing because they know once the patent is issued, they're liable."