Royalty Shares definition

Royalty Shares has the meaning set forth in the Recitals.
Royalty Shares means, collectively, the Royalty Shares of the series specified and in the total number as set forth on the Royalty Share Schedule, purchased by Holder from Company pursuant to this Agreement.
Royalty Shares refers to a contractual right to receive a specified portion of royalties, fees and other income streams embodied in the Income Interests that relate to Royalty Rights for a specific Music Asset or compilation of Music Assets.

Examples of Royalty Shares in a sentence

  • This arbitration provision applies to claims under the U.S. federal securities laws and to all claims that are related to the Company and the Royalty Shares.

  • As a condition of the effectiveness of this Agreement, (i) Holder must execute and deliver to Company this Agreement and the Subscription Agreement and (ii) Company must accept Holder’s offer to purchase the Royalty Shares by executing in counterparts and delivering to Holder this Agreement and the Subscription Agreement.

  • This arbitration provision applies to claims under the U.S. federal securities laws and to all claims that are related to the Company, the Trust and the Royalty Shares.

  • Company hereby irrevocably and perpetually sells, assigns, and transfers to the Holder the Royalty Shares as set forth on the Royalty Share Schedule.

  • This Subscription Agreement and the rights, interests and obligations hereunder are not transferable or assignable by the Purchaser and the transfer or assignment of the Royalty Shares shall be made only in accordance with all applicable laws and the Royalty Share Agreement.

  • In order to purchase the Royalty Shares as set forth on Schedule 1 attached hereto, the Purchaser hereby submits this Subscription in accordance with and subject to the terms and conditions described in this Subscription Agreement, relating to the exempt offering of Royalty Shares by the Company.

  • Holder may not assign, license and transfer all or any portion of the Royalty Shares acquired pursuant to this Agreement without Company’s prior express consent; provided that any such assignment, license, or transfer to which Company has provided express consent must only be consummated in accordance with all applicable laws, including but not limited to, the Securities Act of 1933, as amended.

  • Upon the basis of the representations and warranties, and subject to the terms and conditions, set forth herein, the Company agrees to issue and sell the Royalty Shares to the Purchaser on the date this Subscription is accepted by the Company (the “Closing”) for the aggregate purchase price set forth on the front page hereto (the “Subscription Price”).

  • The Purchaser understands and agrees that this Subscription is made subject to the condition that the Royalty Shares to be issued and delivered on account of this Subscription will be issued only in the name of and delivered only to the Purchaser.

  • In consideration of the sale and delivery of the Royalty Shares to Holder, the warranties and representations of Company in this Agreement, and Company’s performance of all obligations hereunder, in connection with the Royalty Shares, Holder hereby irrevocably and unconditionally agrees to pay the Purchase Price, in U.S. dollars in immediately available funds, in accordance with the payment instructions provided to Holder by Company.


More Definitions of Royalty Shares

Royalty Shares means non-fungible tokens minted using blockchain technology and which represents a certain percentage of master royalties from a certain Song, granting the holder a pro rata right to receive master royalties derived from a certain master recording
Royalty Shares means the fractionalized Royalty Rights embodied in the Music Assets as set forth on the applicable Purchase Schedules of this Agreement.
Royalty Shares. “Test The Waters” Posting Agreement This Posting Agreement is entered into this date of , between RoyaltyTraders LLC dba SongVest of 1000 Xxxx Xxxxxxxx Xxxx Rd Suite 115, Raleigh, NC 27604 (“RT”) and of (“Seller”).

Related to Royalty Shares

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Sold Shares shall have the meaning specified in Section 6.

  • Primary Shares means at any time the authorized but unissued shares of Common Stock or shares of Common Stock held by the Company in its treasury.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Subco Shares means the common shares in the capital of Subco;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Target Shares means common shares in the capital of Target, as currently constituted;

  • Newco Shares means the common shares in the capital of Newco;

  • Unit Shares means the Common Shares comprising part of the Units;

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Company Shares has the meaning set forth in the Recitals.