Minimum Royalties definition

Minimum Royalties means the applicable minima set out in paragraph 2.1(b) below.
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Minimum Royalties has the meaning set forth in Section 3.4 hereof.
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Minimum Royalties shall have the meaning as defined in Section 7.5.
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Examples of Minimum Royalties in a sentence

  • It is understood that the Minimum Royalties will be applied to earned royalties on a calendar year basis, and that sales of Licensed Products and/or Licensed Processes requiring the payment of earned royalties made during a prior or subsequent calendar year shall have no effect on the annual Minimum Royalty due UFRF for other than the same calendar year in which the royalties were earned.

  • The Minimum Royalties for each Extension Term as shown below shall be paid in four (4) equal installments each by the 30th day of March, June, September and December of the respective term.

  • The NSR will be reduced to 1.0% once Maverix has received a total cumulative royalty payment of C$10 million.Please see Note 10 for additional details.Advance Minimum Royalties, Land Access Lease Payments, and Annual Claim FilingsThe Company is required to make property rent payments related to its mining lease agreements with landholders and the Idaho Department of Lands ("IDL"), in the form of advance minimum royalties ("AMR").

  • If the Royalties calculated in accordance with Section 5.1 exceed the Minimum Royalties for such Contract Year, only the Royalties calculated pursuant to Section 5.1 shall be paid.

  • The provisions of this Paragraph 9 shall not apply to payment of Minimum Royalties as provided in Paragraph 4(b) and the respective Xxxxxxxxxxx X0, X0, and so forth.


More Definitions of Minimum Royalties

Minimum Royalties shall have the meaning set forth in Section 3.2 of this Agreement.
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Minimum Royalties means the minimum royalties payable to Indevus by Esprit in the applicable Calendar Year determined in accordance with the table set forth in Section 6.2(b)(i).
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Minimum Royalties. The minimum royalty payments of $25,000 through December 31, 1997 are waived. Please signify your acknowledgement of such waiver by signing where indicated below. Sincerely, /s/ Xxxxxx X. Xxxxxxxx Xxxxxx X. Xxxxxxxx, President Agreed and Acknowledged: By: /s/ Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxxx, President Confidence Golf, Inc. Date: March 20, 1998 SCHEDULE 1 LICENSED PATENT RIGHTS Jurisdiction Title Number Date USA Golf Club Head 5,024,437 6/18/91 USA Golf Club Head and Method of Forming Same 5,094,383 3/10/92 USA Golf Club Head and Method of Forming Same 5,261,663 11/16/93 USA Golf Club Head and Method of Forming Same 5,261,664 11/16/93 USA Golf Club Head and Method of Forming Same 5,255,918 10/26/93 USA Golf Club Head and Method of Forming Same 5,344,140 9/6/94 USA Golf Club with Recessed Non Metallic Outer Face Plate 5,417,419 5/23/95 USA Structure and Process for Affixing a Golf Club Insert to a Golf Club Head 5,720,673 2/24/98
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Minimum Royalties. An annual minimum royalty for each calendar year as identified on Table 1. In the event that LICENSEE's earned royalty payment to BYU during any particular calendar year shall fall below that sum indicated in Table 1, then LICENSEE shall pay a minimum royalty to BYU with its last report of the year in the amount indicated in Table 1 less any earned royalties paid for the calendar year. Earned royalties for any given calendar year shall only be credited against minimum royalties for that same calendar year. Table 1 Calendar Year Minimum Royalty -------------- --------------- 1997 $ 20,000 1998 $ 50,000 1999 $100,000 2000 and each year thereafter $150,000
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Minimum Royalties shall have the meaning set forth in the Royalty Agreement.
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Minimum Royalties means the sum of 100,000 U.S Dollars or such reduced sum in accordance with Clause 5.4;
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Minimum Royalties means the payments required to be made to CSURF pursuant to Section III(3).
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