Estimated Royalty definition

Estimated Royalty means IMRO’s calculation of the royalty for an Event based on the information available to it at the date of estimation, including ticket price and money holding capacity of the venue where the Event was to be performed. The money holding capacity of the event will be calculated by multiplying the highest ticket price by the capacity of the venue.

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Estimated Royalty means IMRO/MCPSI’s calculation of the royalty for an Event based on the information available to it at the date of estimation, including “ticket price” (or cost of access) of the Event and public view count of similar Events. The Estimated Royalty figure is at IMRO/MCPSI’s sole discretion.

Estimated Royalty means the Royalty Fee that a 2020 Affiliate Restaurant would have had to pay us over an applicable calendar year if that Restaurant was owned by a franchisee and governed by our current form of franchise agreement. We calculated the Estimated Royalty for each 2020 Affiliate Restaurant by multiplying the Net Sales by 0.04 (to account for the 4% Royalty Fee described in Item 6). It is important to note that the “Estimated Royalty” figures provided for each subset of 2020 Affiliate Restaurants are only an estimate, and these Restaurants did not actually pay us this amount because they are not required to pay us any Royalty in connection with operating the 2020 Affiliate Restaurants.

Examples of Estimated Royalty in a sentence

Payment of the Estimated Royalty Repurchase Price shall be made at closing by wire transfer of immediately available funds to an account or accounts designated by Deerfield prior to such date.
On a Brazil Affiliate-by-Brazil Affiliate and Sales Affiliate-by-Sales Affiliate and country-by-country basis, the Company or the applicable Brazil Affiliate or Sales Affiliate shall make, additional royalty payments to the extent that the Actual Royalty Payments for a calendar quarter exceed the Estimated Royalty Payments for such quarter.
Unless otherwise agreed by all Parties, payment of the Estimated Royalty Repurchase Price shall be allocated and paid 37.28% to Design Fund II, 7.8% to DSS and 54.92 % to Horizon, in each case rounded to the nearest cent ($0.01).
If the Estimated Royalty Payments exceed the Actual Royalty Payment the excess shall be credited against future Estimated Royalty Payments by the Company or Sales Affiliate, as applicable.
If the calculated Estimated Royalty on the number of packages sold divided by the packages sold is more than 25% of the NET PROFIT per package sold in any given calendar year, OWNER will pay LICENSEE the difference in the following calendar year.
The Company or the Sales Affiliate, as applicable, will pay the Estimated Royalty Payment to Solazyme, Inc.
In the event that the Actual Royalty Payment for the six-month period exceeds the Estimated Royalty Payment during the six-month period, Bank shall pay the difference between the two such amounts to Retailer within fifteen (15) Business Days after receipt of the Monthly Statement for the last month in the six-month period.
Time Period from GCOD Percentage of Estimated Royalty Payment GCOD through [***] Days [***]% Day [***] through [***] Days [***]% Day [***] through [***] Days [***]% Day [***] until Commercial Operation has been achieved.
In the event that the Estimated Royalty Payment exceeds the Actual Royalty Payment, Retailer shall pay the difference between the two such amounts to Bank within fifteen (15) Business Days after receipt of the Monthly Statement for the last month in the six-month period.
If the calculated Estimated Royalty per Table 4.7 is greater than the Minimum royalty the following will apply.

More Definitions of Estimated Royalty

Estimated Royalty means IMRO’s calculation of the Royalty for an Event/Multi-Stage Event, based on all information available to it at the date of estimation, including Ticket Price, capacity of the Event/Multi-Stage Event and projected sales for an Event/Multi-Stage Event.

Estimated Royalty means for any month, the Royalty Payments calculated by multiplying the relevant percentage provided in the definition of Royalty Payment by Estimated Project Revenues (rather than "Project Revenues"). Estimated Project Revenues shall be calculated as follows: Estimated Project Revenues = A * (B + C) Where:

Estimated Royalty means IMRO’s calculation of the royalty due for a Multi-Stage Event/ Music and Arts Multi-Stage Event based on information available to it at the date of estimation, including ticket price, Capacity of the Multi-Stage Event/Music and Arts Multi-Stage Event and estimated ticket sales for the Multi-Stage Event/Music and Arts Multi-Stage Event.