Mechanical Royalties definition

Mechanical Royalties means royalties payable to any Person for the right to reproduce and distribute copyrighted musical compositions on Records.
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Mechanical Royalties means those royalties and fees required to copy musical works from one medium to another during the recording and duplication process;
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Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted musical compositions on Records. (Universal Records) American Southwest Upstream2EX.1.25.06 (DBG) 14.24.
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Examples of Mechanical Royalties in a sentence

  • Mechanical Royalties shall not be payable with respect to musical compositions of one minute or less in duration.

  • The Distributor shall be entitled to import Audio-visual Works inclusive of Me- chanical Royalties provided that the exporter has entered into an agreement with NCB or NCB’s sister society of the exporting country covering payment of Me- chanical Royalties and subject to NCB’s prior approval of such imports inclusive of Mechanical Royalties.

  • Mechanical Royalties are calculated on the basis of the Turnover of the Distribu- tor of each Audio-visual Work.

  • Interest shall be charged on any difference between the advances paid and the actual Mechanical Royalties invoiced for the same Accounting Period from the date of invoice of the advance payment till the date of the royalty invoice.

  • The advance payment shall equal half the Mechanical Royalties invoiced by NCB for the equivalent Accounting Period the year before.

  • The Distributor shall be liable for Mechanical Royalties on imports exclusive of Mechanical Royalties to NCB or NCB’s sister society of the exporting country.

  • For The Distributor’s national and international sales promotion and for submis- sion to critics, up to 250 copies sent for promotion to the Territory may be ex- empt from Mechanical Royalties.

  • After the end of each Accounting Period The Distributor shall receive a royalty invoice specification of Mechanical Royalties payable: ♦ in October an invoice covering 1 January-30 June ♦ in April an invoice covering 1 July-31 December.

  • Mechanical Royalties are paid to composers and publishers from the recorded sales of records.

  • The Distributor undertakes to submit docu- ments proving that Mechanical Royalties were already paid.


More Definitions of Mechanical Royalties

Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted Compositions on Records other than Audiovisual Records. 14.18. There is no paragraph 14.18.
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Mechanical Royalties means a sum equal to seventy-five percent (75%) of all mechanical royalties that would be owed to Seller if Purchaser sought to acquire a license to the Composition for creation of a sound recording under the compulsory licensing regime set forth in Section 115 of the U.S. Copyright Act (“Compulsory Licensing Regime”), at the rates applicable at the time such compulsory license was sought. “Other Composition Exploitation Revenues” means one hundred percent (100%) of all gross revenues derived from exploitation of the Composition in any manner other than through the Compulsory Licensing Regime. Such Other Composition Exploitation Revenues include, without limitation, granting by Seller or the Composers of any synchronization licenses. Purchaser shall notify all third parties inquiring about licensing of the Recording that Seller has retained rights with respect to the Composition, and that Composition Revenues shall be paid to Seller (and Seller’s designee(s)), as may be set forth in any Letters of Direction (as defined below). To the extent that Purchaser’s exploitation of Transferred Rights results in any Composition Revenues being paid to Purchaser, Purchaser shall immediately notify Seller in writing of Purchaser’s receipt of such Composition Revenues, and Purchaser shall transfer all such Composition Revenues to Seller (or Seller’s designee(s)) within five (5) business days of Purchaser’s receipt of response from Seller (or Seller’s designee(s)) within instructions regarding the reconveyance of such Composition Revenues.
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Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted Compositions, literary works and other similar copyrighted materials embodied in a phonorecord, other than sound recording copyrights, on Phonograph Records.
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Related to Mechanical Royalties

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Third Party Royalties means any royalties or license fees owing to a Third Party attributable to the manufacture, use or sale of Products and in consideration of a license under any patent which such Product would otherwise infringe.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Net Sales means [***].

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Sublicense Revenues means all revenue, in whatever form but excluding sublicense royalties, earned by the Licensee in consideration of its granting a Third Party a sublicense to make a Licensed Product including, without limitation, receipt of annual milestone attainment, sublicense issuance, maintenance or up-front payments, or technology access fee; and issuance of securities or real, personal or intangible property.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Aerosol cooking spray means any aerosol product designed either to reduce sticking on cooking and baking surfaces or to be applied on food, or both.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Furniture maintenance product means a wax, polish, conditioner, or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors. “Furniture Maintenance Product” does not include dusting aids, products designed solely for the purpose of cleaning, and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;