AAMR definition

AAMR means annual advanced minimum royalty.
View Source
AAMR means the annual advance minimum royalty payment of $50,000 payable by the Corporation to the NSR Holders commencing June 30, 2021 in accordance with the terms of the Option Agreement, such payments to be adjusted annually according to the Consumer Price Index with a base of December 31, 2020 and deductible against future NSR Royalty payments.
View Source

Examples of AAMR in a sentence

  • The AAMR and NSR Royalty payments will be adjusted annually according to the Consumer Price Index with a base of May 31, 2020.

  • The parties will execute a security agreement substantially in the form attached as Schedule C to this Agreement and effective as of the Effective Date (the “Security Agreement”), and such Security Agreement will be registered against mineral claims and leases to provide a first charge on the Property for NSR Royalty and AAMR payments due to the Optionor.

  • Optionee may deduct from NSR Royalty payments, if any, the aggregate total of all AAMR payments made in accordance with this Agreement.

  • In the same year, the American Association on Mental Retardation (AAMR) drafted the revised definition of mental retardation which was the first termination and classification system in developmental disabilities to include the importance of spiritual supports.

  • These were Aberrant Behaviour Checklist (ABC), AAMR Adaptive Behaviour Scale and Behaviour Problems Inventory (BPI).

  • The AAMR and NSR buyout payments will be adjusted annually according to the CPI with a base of December 31, 2020.

  • Beginning on 30 June 2021 and annually thereafter, Optionee will make an Annual Advance Minimum Royalty (AAMR) payment of $50,000.