Resale Right definition

Resale Right shall have the meaning set forth in Section 9.2.

Resale Right has the meaning given in regulation 3 of the Regulations and relates to the Artistic Works created solely or jointly by the Artist;

Resale Right means an irrevocable credit for an amount paid, which credit entitles the Company to one right to transfer the Software, or any part thereof, under a license or lease to any Third-Party in a Value Added transaction, and which right may be carried over indefinitely from year to year until used in accordance with the terms of this Agreement.

Examples of Resale Right in a sentence

• Reseller may access and use the APEX Service only: (i) during the Subscription Term; (ii) as necessary to exercise the Resale Right; (iii) as otherwise permitted by the Customer, subject to Customer’s rights to grant any such access and use as provided in the Flow Down Terms and the Service Offering Description; and (iv) in accordance with the Agreement.

• You may access and use the APEX Service only (i) as necessary to exercise the APEX Resale Right and (ii) as otherwise permitted by the Customer, subject to Customer’s rights to grant any such access and use as provided in the APEX Agreement.

• On certain Lots, which will be marked “AR” in the Catalogue and which are sold for a Hammer Price of €1,000 or greater (converted into the currency of the Sale using the European Central Bank Reference rate prevailing on the date of the Sale), the Additional Premium willbe payable to us by the Buyer to cover our Expenses relating to the payment of royalties under the Artists Resale Right Regulations 2006.

• On certain Lots, which will be marked “AR” in the Catalogue and which are sold for a Hammer Price of €1,000 or greater (converted into the currency of the Sale using the European Central Bank Reference rate prevailing on the date of the Sale), the Additional Premium will be payable to us by the Buyer to cover our Expenses relating to the payment of royalties under the Artists Resale Right Regulations 2006.

• The Artist’s Resale Right (introduced in the UK in 2006) entitles artists to a royalty when their work is resold by an art market professional.

• These Regulations may be cited as the European Communities (Artist’s Resale Right) Regulations 2006.

• An Artist Resale Right for Canada How the Artist Resale Right benefits Canadian artists The ARR is of particular importance to Canadian visual artists because the average income of an artist is low and their income potential is even lower than that of artists from other disciplines.

• Install edge restraints to comply with manufacturer's written instructions.

• In the end, this artist only receives 25% of the sale price, and without an Artist Resale Right, they receive nothing from future sales, which are likely to be much higher.

• Task Leader / Task Force Leader:Korean Intellectual Property Office (KIPO) and the International Bureau3.