Royalty Advances definition

Royalty Advances. Estimated date. Wink cannot commit to a date for this milestone until Wink's engineers have had 30 days to evaluate working settop hardware (i.e., until Milestone #6). * Confidential treatment has been requested with respect to certain portions of this exhibit pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed with the Commission. 21 due upon the following events, rather than those events described in the Memorandum of Understanding concerning the porting of the Wink Engine for use with PowerTV residing on a Genius card: ADVANCE AMT. EVENT (US DOLLARS) Signing of Memorandum of Understanding [*] (paid) Delivery of Alpha release of Wink Engine [*] (not yet paid) (Version 1.0) S-A's Acceptance of Licensed Technology [*] (not yet paid)
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Royalty Advances has the meaning ascribed to such term in Subsection 3.1(h) hereof;
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Royalty Advances means advance payments of royalties or similar obligations made in the ordinary course of business.
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Examples of Royalty Advances in a sentence

  • The Sellers and Buyer agree that the Sellers’ amount realized for income tax purposes shall not include any Royalty Advances as defined in and paid under the New Settlement Agreement.

  • The Exclusive Term for the Exclusive Markets for the AF Devices and Stand Alone (Self-Contained) Devices shall be extended until [*] if revenue paid (including royalties that are deducted against Royalty Advances) to Anoto from the Amendment No. 5 Effective Date through [*] is greater than [*].

  • Following such repayment under the MBL Bridge Facility and the acquisition of the D▇▇▇▇▇▇ Royalty, Advances under this Credit Facility will be used to finance the remaining Contemplated Acquisitions (subject to the proviso in section 2.1(1) above) and make Gold Facility Prepayments; provided, however, that Advances under the Credit Facility made for the purpose of making Gold Facility Prepayments shall not exceed an aggregate amount of US$600,000.

  • Subject to the terms and conditions of this Agreement, Lender has agreed to extend credit to Borrower for the Minimum Royalty Advances, as provided in the Minimum Royalty Advance Note and subject to the terms and conditions of this Agreement.

  • The Exclusive Term for the Exclusive Markets for AF Devices and Stand Alone (Self-Contained) Devices shall be extended until [*] if revenue paid (including royalties that are deducted against Royalty Advances) to Anoto from the Amendment No. 5 Effective Date through [*] is greater than [*].

  • Lender is willing to loan the Minimum Royalty Advances to Borrower subject to the terms and conditions of this Loan Agreement.

  • No Percentage Royalties shall be paid to ▇▇▇▇▇▇▇▇▇ until the product of the Net Sales Price of all PRODUCTS and ADDITIONAL PRODUCTS (sold) times the (applicable) Royalty Percentage exceeds the sum of all paid Royalty Advances.

  • OTC or CSE Stock Symbol CBDY stock per Article 4 and pay cumulative Royalty Advances of $1,500,000.00 USD per Article 5, regardless of when this Agreement is terminated.

  • Following such repayment under the MBL Bridge Facility and the acquisition of the ▇▇▇▇▇▇▇ Royalty, Advances under this Credit Facility will be used to finance the remaining Contemplated Acquisitions (subject to the proviso in section 2.1(1) above) and make Gold Facility Prepayments; provided, however, that Advances under the Credit Facility made for the purpose of making Gold Facility Prepayments shall not exceed an aggregate amount of US$600,000.