Royalty Basis. Royalty Basis hereunder shall mean the invoice sales price of the coal, F.O.B. mine, without any deduction for taxes, fees or any other amounts whatsoever. Except as otherwise restricted or prohibited by the Duncan Lease, Armstrong Coal may commingle the Coal with other coal from Armstrong Coal’s mine(s). The payment of royalties, when and as due hereunder, shall be construed as full payment of Armstrong Coal’s right to retain the leasehold estate and all of the rights granted by Cyprus Creek under this Lease and Sublease.
Royalty Basis. 23 12.4 DEDUCTIONS/RETURNS/CLOSEOUTS......................................23 12.5
Royalty Basis. The Trademark Royalty shall be calculated on the basis of the respective MSRP for the Products, regardless of whether LICENSEE sells Products to independent retailers in arms' length transactions or LICENSEE sells Products to any of its affiliates or to itself, or sells Products to employees, conducts parking lot or similar sales (which must be approved by GUESS in advance), or any other unusual sales transactions whatsoever, it being the intent of this Section that all sales of whatever kind and nature are subject to the payment of Trademark Royalties thereon at the full Listed Wholesale Price, as calculated herein. All related party sales, employee sales, parking lot or similar sales, and any other unusual sales transactions shall be stated separately for the relevant period on the STATEMENT OF ROYALTIES FORM (EXHIBIT I). A Product shall be considered "sold" upon the date when such Product is invoiced, shipped or paid for, whichever event occurs first. Sales of all Products and components thereof are subject to payment of the Trademark Royalty. Sales of products embodying an IP Right, whether bearing the Trademarks or not, are also subject to payments at the same royalty rate. All sales of Products by LICENSEE shall be documented by numbered invoices from the first sale under this Agreement to the last.
Royalty Basis. 31 4.14 Oil Allocation Methodology ................................. 32 Section 5 BP-Mix Sales Measurement Methodology..................... 34 Section 6 Sulfur Measurement Methodology................................. 34 Exhibits A. Month End Well Production Report .................... E-1 B. Well Test history Report....................................... E-3 C. Condensate – Meter 2469..................................... E-5 E. LACT Tickets......................................................... E-6 F. Thirty-One Day Gauge and Production Report .. E-10 WITNESSETH:
Royalty Basis. In the event that the CONCESSIONAIRE would build facilities to process Iron Ore into higher added value products including but not limited to pellets, DRI and HBI, an appropriate index price for such products shall be negotiated between the Parties prior to commencement of development of the necessary production facilities and royalties shall be paid in accordance with the terms of Section 1 of this Article XXII but based on a negotiated index price, it being understood that the royalty rate of four-point-five (4.5%) percent shall remain constant.
Royalty Basis. The royalties payable in any particular calendar quarter shall be based upon the aggregate NET SALES of PRODUCT(S) during such quarter in those countries of the TERRITORY where royalties are due on such PRODUCT(S).
Royalty Basis. In the event that the CONCESSIONAIRE would build facilities to process iron Ore into higher added value products including but not limited to pellets, DRI and HBI, a lower rate of royalty shall be negotiated between the Parties prior to commencement of development of the necessary production facilities.
Royalty Basis. The Trademark Royalty shall be calculated on the basis of the respective receipt of royalties and or sales of the Products, regardless of whether LICENSEE sells Products to independent wholesalers, distributors, retailers or licensing income. Arms' length transactions or LICENSEE sells Products to any of its affiliates or to itself. All related party sales shall be stated separately for the relevant period. A Product shall be considered "sold" upon the date when such Product is invoiced, shipped or paid for, whichever event occurs first. Sales of all Products are subject to payment of the Trademark Royalty. Sales of products embodying an IP Right, but not bearing the Trademarks are subject to the same royalty rate set forth herein.
Royalty Basis. The royalties under Section 4.5 above shall be calculated on the basis of the aggregated annual Net Sales, which in their turn shall be calculated [***]. Royalties will be payable [***] and any such payments shall be made within [***] during which the applicable Net Sales of Products occurred.
