Advance Royalty Payment definition

Advance Royalty Payment. The amount to be credited to Royalty payments due for the corresponding Fiscal Year payable to NFLP upon the execution of this License for Fiscal Year I and on or before April 15 for each successive Fiscal Year.
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Advance Royalty Payment means the minimum royalty set forth in Schedule 3.3 of Exhibit A payable as an advance against royalties in accordance with the provisions of Section 3.3.
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Advance Royalty Payment means a payment made or payable by the Lessee to NTI in accordance with section 5.09 of the Exploration Agreement or section 4.07 of this Lease.
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Examples of Advance Royalty Payment in a sentence

  • Licensee may credit the Advance Royalty Payment and Royalty payments made to NFLP during each Fiscal Year to the Minimum Royalty Guarantee for the corresponding Fiscal Year only.

  • Licensee may not credit such amounts to the Advance Royalty Payment, Minimum Royalty Guarantee or any other payment required under this License for any other Fiscal Year.

  • Regardless of whether any sales occur during any Fiscal Year, Licensee shall also pay NFLP the applicable Advance Royalty Payment and Minimum Royalty Guarantee for each Fiscal Year during the Term.

  • If NFLP terminates this License, for the Fiscal Year in which termination occurs ("Termination Fiscal Year") Licensee shall pay NFLP the Royalty on all sales of the Licensed Products made during the Termination Fiscal Year or a pro rated portion of the Minimum Royalty Guarantee owed in excess of the Advance Royalty Payment ("Termination Guarantee"), whichever is greater.

  • If the Term Sheet assigns a per-product Advance Royalty Payment and Minimum Royalty Guarantee, then Licensee may only credit the Advance Royalty Payment for such product and Royalty payments from the sales of such product toward the corresponding Minimum Royalty Guarantee for such product in the corresponding Fiscal Year.

  • The Company may exercise the Option to acquire 100% interest, subject to annual advance minimum royalty payments and a 2% retained royalty, in the Property by requesting title transfer in writing upon having completed US$400,000 in Advance Royalty Payment to the Vendor.

  • The remaining investments were required to maintain the ability of the system to deliver services.

  • These payments are tied, based on an agreed formula not to exceed US$120,000 per year, to the average vanadium pentoxide price of the prior year (each an "Advance Royalty Payment").

  • As at July 31, 2014, accounts payable and accrued liabilities included US$250,000 ($272,600) related to the Advance Royalty Payment.

  • In connection with the Joint Venture Agreement, the licensor shall have the right and obligation to convert its share in the equity of the Joint Venture into common shares of the Company, if and when the Company becomes a publicly traded company, at which time, the remaining Advance Royalty Payment will be deemed to have been converted and no further obligation from the Company will exist.


More Definitions of Advance Royalty Payment

Advance Royalty Payment means the advance royalty payment to be made on the Closing Date by Holdings to the trustee under the Trust Agreement in accordance with the Deed of Overriding Royalty, dated as of September 30, 2004, between Holdings and such trustee, in an amount not to exceed $4.0 million.
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Advance Royalty Payment has the meaning given that term in the applicable Use Agreement.
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Advance Royalty Payment. The amount to be credited to Royalty payments due for the corresponding Fiscal Year payable to NFLP upon the execution of this License for Fiscal Year I and on or before April 15 for each successive Fiscal Year. b. "Broadcast Exposure Fee": The amount Licensee shall pay to NFLP for on-field exposure rights for the Exposure Products. c. "Advertisements": Advertising space in designated NFLP publications to be purchased by Licensee in accordance with this License. d. "Affiliate": Any person or entity in which Licensee or any owner, majority shareholder, officer or director of Licensee has any direct or indirect beneficial or ownership interest or is a joint venture partner. e. "Assigned Member Clubs": The Member Clubs for which Licensee shall have on-field exposure rights for the Exposure Products in accordance with the terms of Paragraph 19. f. "Authorized Brands": The only brand names Licensee may use in association with the Licensed Products. g. "Club Marks": The full team names, nicknames, helmet designs, uniform designs, logos, slogans, and other identifying symbols and indicia adopted for commercial purposes by the Member Clubs. h. "Cooperative Fund": The amount payable to NFLP during each Fiscal Year for use by NFLP in connection with the designated Cooperative Program. i. "Distribution Channels": The channels of trade in the Territory in which Licensee may distribute for sale or sell each Licensed Product as defined in Exhibit I attached to this License and/or the attached Term Sheet. j. "Exposure Products": The Licensed Products for which Licensee shall have on-field exposure rights for the Assigned Member Clubs. k. "Fiscal Year": The period beginning on April 1 of any year and ending on March 31 of the following year except for Fiscal Year I, which will begin on the date this License is fully-executed and will end on March 31 of the following year. l. "League Marks": "National Football League", "NFL", "National Football Conference", "American Football Conference", "NFC", "AFC", R02468 February 27, 1996 Antigua Sportswear, Inc. 1
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Advance Royalty Payment means the aggregate amount of $75,000 payable by Sagent to Abacus in one advance payment pursuant to section 5.2 of this Agreement.
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Related to Advance Royalty Payment

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Royalty Report has the meaning set forth in Section 6.3(a).

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA. “月服务费”是指针对没有达到系统可用性 SLA 的受影响的云服务支付的月服务费（或年服务费的 1/12）。

  • Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;