Prepaid Royalties definition

Prepaid Royalties means royalties in the amount of $[*****] that were prepaid by LICENSOR to SUMMXXX, xxss an amount equal to the amount of royalties payable by LICENSOR to SUMMXXX xxxer the License Agreement for the period beginning April 1, 2000 and ending May 31, 2000.
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Prepaid Royalties means the prepaid royalties set forth on the Borrower’s consolidated balance sheet as of December 31, 2011 and described in Note 2 to the Audited Financial Statements.
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Prepaid Royalties means Royalties paid in advance of, or in excess of, those due as a percentage of Net Sales. Prepaid Royalties may be used to offset any obligations above any minimum payment obligations until such Prepaid Royalties are exhausted.
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Examples of Prepaid Royalties in a sentence

  • Coal Acquisition Costs and Prepaid Royalties Coal lease rights obtained through acquisition are capitalized and amortized primarily by the units-of-production method over the estimated recoverable reserves.

  • However, if ATMI elects not to receive the Fourth Wets Workflow as set forth in Quote #4, then ATMI shall not be eligible for a refund on the Pre-paid Royalties for that Wets Workflow as set forth in this Section.

  • Clearwire shall cause to be paid to the Licensee the amount of [***] (the "Prepaid Royalties") upon execution of this Agreement.

  • The number of Shares pledged at any time shall have a value equal to, or greater than, the amount of the Prepaid Royalties Balance.

  • Upon termination of this Agreement for any cause, the Prepaid Royalties Balance shall be refunded to Clearwire, as provided in Section 2.02.

  • Depreciation is recorded on the straight-line method over the following estimated useful lives: Gaming operations equipment 2 to 3 years Furniture, fixtures, and equipment 5 years Prepaid Royalties - Amounts include prepayments for registered trademarks used for various Venture products.

  • Along with the Payment Report, QIAGEN shall make payment to Xxxxxx of any royalties payable and due for the reported-on quarter (i.e. after applying any available credit from the Prepaid Royalties).

  • Prepaid Royalties - Amounts include prepayment of fees for trademarks used for various Venture products.

  • Clearwire has the right, in its sole discretion, to extend the date on which the Prepaid Royalties Balance must be refunded.

  • Section 6.03(a) Prepaid Royalties..................................


More Definitions of Prepaid Royalties

Prepaid Royalties means, at any time, Royalties paid to and collected by the Companies pursuant to the Arrow Licenses with respect to a fiscal quarter which has not ended at such time.
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Prepaid Royalties is defined in Section 2.01(g).
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Related to Prepaid Royalties

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

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

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

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

  • 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.

  • Sublicense Revenues means [***].

  • 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 Payment has the meaning set forth in Section 6.1.

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

  • Sublicense Revenue means [***].

  • Royalty Rate means the percentage defined in Exhibit B.

  • 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.

  • 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:

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

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

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • 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.

  • Net Sales means [***].

  • Royalty Report has the meaning set forth in Section 6.3(a).

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

  • Licence Fees means the fees payable by you under this Agreement to us excluding VAT and all other relevant taxes, where applicable, as detailed by us from time to time including through our website, as part of a written quotation or renewal;

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • 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.

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

  • Net Smelter Returns means the Gross Value of all Minerals, less the following costs, charges and expenses paid or incurred by Payor with respect to the refining and smelting of such Minerals: