Royalty Account definition

Royalty Account means the accounting account established by the Grantor or on its behalf for the recordation of:
Royalty Account means the account to be established by the Operator for purposes of calculating the amount of the Royalty Holder's royalty.
Royalty Account means an Account of a Loan Party evidencing royalty payments owed to such Loan Party in connection with the licensing of such Loan Party’s trademarks.

Examples of Royalty Account in a sentence

  • Unit IV: Royalty Account – Meaning – Minimum rent – Short working – Type of recoupment - strike and lock out.

  • UNIT – IIISelf Balancing and Sectional Balancing ledgers – Royalty Account.

  • Subsequently, on 17th December, 1998, the Assessee reversed the entries passed in its books of accounts by debiting the account of TLME and crediting Royalty Account; the entries passed earlier were, thus, nullified.

  • The benefits of teleworking include improved work/life balance, reduced office space costs, and less traffic and reduced emissions into the environment.Royalty Account Reconciliation Engine Software OST will enhance the functionality of the Royalty Account Reconciliation Engine (RARE), a software tool used to reconcile oil and gas royalty collections received from the Office of Natural Resources Revenue, processed through Indian Affairs and then disbursed by OST.

  • The Referrer may purchase further Packages from the Fee on the Referrer’s Bonus Account, from First Connection Bonus Account, or the Solar Royalty Account in the WebOffice under the menu item ”Financial Issues”.

  • The second factor considers the territoriality and effects doctrines, while also including the nationality element for balancing.

  • Subject to the applicable Control Agreement, all amounts on deposit in the Royalty Account shall be applied, at the direction of the Borrower and Co-Borrower, from time to time, for the payment of Land Costs then due and owing in accordance with the Management Services Agreement.

  • Within 48 hours following the settlement in accordance with Section 5.4.2, SunMoney transfers the Solar Royalty payable to the Referrer according to Section 5.3.1 on the Referrer’s Solar Royalty Account and the Referral Fees payable to the Referrer according to Sections 5.3.2 – 5.3.4 on the Referrer’s Bonus Account.

  • The U.S. Debtors’ Depository Accounts consist of (i) one Royalty Account, (ii) one Lockbox Receipts Account, and (iii) one Concentration Account.

  • As such, as of the Petition Date, the Royalty Account had no balance.


More Definitions of Royalty Account

Royalty Account means, in respect of any NPI Royalty granted pursuant to a Licensee NPI Royalty Agreement or Sub-Licensee NPI Royalty Agreement, as the case may be, the account to be established by the Licensee or Sub-Licensee, as the case may be, for purposes of calculating the amount of such NPI Royalty;
Royalty Account means the accounting statement determined by the Grantor or in his name or the filing of:

Related to Royalty Account

  • Property Account has the meaning set forth in Section 2.8(c).

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Direct Account : means any Account which is not an ISA Account.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Joint Account means an Account opened in more than one name;

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Security Account “Software”, and “Supporting Obligations”.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Separate Accounts means the accounts which are to be prepared for each

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Collection Accounts As defined in Section 3.10(a).