Monthly Royalty Payment definition

Monthly Royalty Payment means, in respect of a Month, ninety-nine percent (99%) of Royalty Income for such Month payable by the Grantor to the Royalty Owner in accordance with Section 3.1;
Sample 1Sample 2Sample 3
Monthly Royalty Payment means, in respect of a Month, the payment for such Month to which the Royalty Owner is entitled pursuant to section 2.4(b);
Sample 1

Examples of Monthly Royalty Payment in a sentence

  • If the Permitted Royalty Deductions for a Quarter or Month are in excess of the Royalty Revenues for such Quarter or Month, there shall be no Quarterly Royalty Payment or Monthly Royalty Payment for such Quarter or Month, as the case may be, and the amount of the excess Permitted Royalty Deductions shall be carried forward and treated as Permitted Royalty Deductions in the following Quarter or Month.

  • The Grantor shall be entitled to set off such reimbursable amounts against any Quarterly Royalty Payment or Monthly Royalty Payment.

  • If the Acquisition Costs are increased by such an adjustment, the Grantor shall be entitled to set off ninety-nine percent (99%) of the amount of such adjustment allocated to Canadian resource properties against any Quarterly Royalty Payment or Monthly Royalty Payment.

  • If the payment made by the Grantor on account of the Royalty for a Quarter or Month is in excess of the actual amount of the Quarterly Royalty Payment for such Quarter or Monthly Royalty Payment for such Month, as the case may be, the Grantor shall be entitled to set off the amount of the excess against any Quarterly Royalty Payment payable in subsequent Quarters or Monthly Royalty Payment payable in subsequent Months.

  • If the Deductible Production Costs for a Month exceed the Royalty Revenues for such Month, there shall be no Monthly Royalty Payment for such Month and the amount of the excess Deductible Production Costs shall be carried forward and treated as Deductible Production Costs for the following Month.

  • On the fifteenth day of the Month following the end of a Month or the next following Business Day, if such day is not a Business Day, the Grantor shall pay the Monthly Royalty Payment for such Month to the Royalty Owner.

Related to Monthly 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.

  • 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.

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

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

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

  • 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 Rate means the percentage defined in Exhibit B.

  • 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）。

  • 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.

  • Monthly Fee has the meaning stated in Section 4.3(a).

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • 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:

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

  • 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.

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

  • 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.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • 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;

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Net Revenues means the difference between:

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • 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.