Minimum Royalty definition

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

Minimum Royalty. , in relation to a record, means the amounts applicable in respect of the record under sections 57 (3) and 58 (b) (i) or, if those provisions are affected by regulations made for the purposes of section 59, under those provisions as so affected;

Minimum Royalty means the minimum sum payable to the Licensor by the Licensee by way of Royalty in respect of each Contract Year as provided in sub-clause 9.3;

Examples of Minimum Royalty in a sentence

• The Minimum Royalty shall be paid in advance on a quarterly basis for each year in which this Agreement is in effect.

• Any Minimum Royalty paid in a calendar year will be credited against the earned royalties for that calendar year.

• 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.

• Lower Extremity-Specific Measures of Disability and Outcomes in Orthopaedic Surgery.

• 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.

More Definitions of Minimum Royalty

Minimum Royalty has the meaning set forth in Section 4.4(c).

Minimum Royalty means

Minimum Royalty means, with respect to the revenue share pricing model indicated in the Price List, the minimum subscription fee, as stipulated by SAP in the Price List.

Minimum Royalty means, in respect of each Contract Year, the amount of minimum guaranteed royalty set opposite the column of such Contract Year in Exhibit A attached hereto.

Minimum Royalty and "Minimum Royalty Amount" shall have the meanings specified in Paragraph 4 of Exhibit A.

Minimum Royalty is defined in the Preamble above.

Minimum Royalty means the payment amount specified in the right-hand column of the table in Section 3.4 which is the minimum payment due to Foundation from the Licensee for the calendar year or set of calendar years specified in the left-hand column of the same row of such table.