Royalties definition

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

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

Royalties has the meaning set forth in Section 6.1.

Examples of Royalties in a sentence

• Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

• Royalties and fees for included services arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

• Any audit of the Sublicensee’s records under Clause 6 (3) shall be at the expense of the Sublicensor, except that if any such inspection reveals a deficiency of [insert number] percent or more of the amount of the Royalties actually due to the Sublicensor as against the Royalties actually paid to the Sublicensor under this Agreement in any year, then the expense of such audit, plus any shortfall amounts, shall be borne promptly by the Sublicensee.

• Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

• The Sublicensee shall maintain and keep, for a period of at least [insert number] years, complete and accurate records, in accordance with generally accepted accounting principles, in sufficient detail, to enable the determination of any Royalties which shall have accrued hereunder for such period.

More Definitions of Royalties

Royalties means the fees payable by a proprietor to a performing rights society for the nondramatic public performance, broadcast, or transmittal of musical works.

Royalties has the meaning set forth in Section 5.2.

Royalties means all royalties, overriding royalties, reversionary interests, net profit interests, production payments, carried interests, non-participating royalty interests, reversionary interests and other royalty burdens and other similar interests payable out of production of Hydrocarbons from or allocated to the Properties or the proceeds thereof to third Persons.

Royalties shall have the meaning set forth in Section 4.3.

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

Royalties means all amounts payable under Sections 3.1 and 3.2 of this Agreement.

Royalties shall have the meaning given in Section 8.2.