Royalty Distribution definition

Royalty Distribution means any Royalty Payment and any other payment by USEB to Holder with respect to the Royalty Interest, including without limitation the payments described in Section 7c below.
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Examples of Royalty Distribution in a sentence

  • The Royalty Distribution Account is administered for the exclusive benefit of participating technology owners who have licensed technologies to ET3 used for ETT systems.

  • Notwithstanding anything else in this Agreement, no Royalty Distribution may be made unless, at the time of such Royalty Distribution, an amount equal to or greater than 104.09% (one hundred four and nine one hundredths percent) of the amount of the Royalty Distribution is concurrently distributed to USEB Shareholders with respect to their USEB Stock which is neither (i) nonvoting stock which is limited and preferred as to dividends, nor (ii) "excluded stock" within the meaning of Code Section 1563(c).

  • In consideration for the assignment made in clause 2.1 (Assignment of Rights), we shall pay the Royalty to you in accordance with the Royalty Distribution set out in the Specification and the terms of this Agreement.