Royalty Charges definition

Royalty Charges has the meaning given it in Section 8.1(a).
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Royalty Charges means charges identified in Schedule 2 as Royalty Charges in respect of any Approved Product, including Third Party Royalties in relation to Approved Products.
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Royalty Charges such charges as may become payable by the Concessionaire to the Authority in accordance with Part B of Schedule 3;
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Examples of Royalty Charges in a sentence

  • For the avoidance of doubt, payments under the Agreement include, but may not be limited to Milestone Payments due under Section 3 of the Agreement and Royalty Charges due under Section 4 of the Agreement.

  • Railways in consultation with the respective State Governments will confirm percentage of Royalty Charges to be recovered for supply of minor minerals.

  • The Railway Administration is entitled to deduct from the contractors and keep in deposit such amount equal to the proportionate Royalty Charges from each on account bills and the same will be released as and when the contractor submits a receipt/documents/clearance certificate certifying that Royalty Charges have been paid by the Contractors, relating to the contract.

  • If in any case the contractor fails to produce the clearance certificate for Royalty Charges, final bills will be passed after retaining an amount equal to the amount of unpaid Royalty charges, as intimated by the Revenue Authorities/Collector or as calculated on the basis of relevant Rates, for payment of Royalty Charges applicable to the area.

  • Provided always, all the payments by the Concessionaire to the Grantor under this Agreement, including the Lease Amounts, Annual enhancement in the six months advance Lease Amount deposits, Royalty, Charges and expenses, in terms with the agreement shall have priority over all other payments that are due and payable by the Concessionaire on any account whatsoever, excepting the payment of taxes by the Concessionaire to any Government Authority.