Royalty Percentage definition

Royalty Percentage means half of a percentage point (0.5%).
Royalty Percentage has the meaning given in Section 1.1.
Royalty Percentage means the applicable percentage specified as such in Schedule A and in the Unit Addendum for a Franchised Restaurant.

Examples of Royalty Percentage in a sentence

  • To compute the Net Smelter Returns Royalty, the Grantor shall multiply the Net Smelter Returns by the Royalty Percentage in each case for the immediately preceding calendar quarter.


More Definitions of Royalty Percentage

Royalty Percentage means two point five percentage point (2.5%).
Royalty Percentage shall have the meaning set forth in Section 6.01.
Royalty Percentage means, in respect of the First Period and in respect of each subsequent Calendar Quarter, that percentage, calculated by reference to the R Factor, such that, if the R Factor in respect of such period is:
Royalty Percentage means the royalty percentage as set out in Schedule 1.
Royalty Percentage means the Full Royalty Rate or the Default Royalty Rate, as applicable at the relevant time in accordance with the terms of Section 2.1(a).
Royalty Percentage means 2%, subject to adjustment pursuant to Section 2.4 and Section 2.5; “Royalty Statement” has the meaning given in Section 5.2;
Royalty Percentage means 1.19%;