Examples of Gross Royalties in a sentence
Costs and Net Royalty Income: Unless otherwise agreed, Net Royalty Income shall mean Gross Royalties in the form of cash or cash proceeds whether from the sale of equity or obtained in licensing transactions, less all commercialization costs, including but not limited to, previous and ongoing billed costs for protection of intellectual property, marketing, legal fees and other licensing costs.
Figure 3-22: Aggregate PCOS as a Share of Aggregate Gross Royalties, 2012 to 2021 Source: Ministry of Finance data.Note: Gross royalties are royalties before deductions.
This is at a time when studies of extraction in the Montney indicate that average costs ofproduction may be declining.62 When deducted from gross royalty payable at the well level, PCOS can amount to 95 percent of the total gross royalty, leaving a residual of only 5 percent.Figure 5-3: Total PCOS Allowances as a Share of Total Gross Royalties and Marketable Gas Value, 2013 to 2020 Source: Ministry of Energy, Mines and Low Carbon Innovation data.Notes: Marketable gas value calculated at plant outlet.
In the event the college receives other than monetary consideration in connection with any license, such as equity, such consideration shall be considered Gross Royalties and shall be apportioned according to the above schedule.
At the end of the fiscal year, royalties and down payments received in return for the licensing of an ICGEB invention shall be distributed as follows: from the Gross Royalties all patent and licensing and administrative costs will be deducted.
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In the event that MMC receives other than monetary consideration in connection with any license, such as equity, such consideration shall be considered Gross Royalties and shall be apportioned according to the above schedule.
Whereas, with reference to the Gross Royalties Act of 1960 and the subsequent proceedings before the Constitutional Court, the Applicants further allege a violation of Article 6 (Art.
The "special legislation" envisaged in Article 20, paragraph (7), of Order No. 1 in Application of the State Treaty was passed by means of the "Federal Act Concerning the Settlement of Charges on Production of Bitumen (Gross Royalties)" [Bundesgesetz betreffend die Regelung der Förderabgaben von Bitumen (Bruttoprozente), BGBl. No. 151/1960] of 12th July 1960.
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