Royalty Fees definition

Royalty Fees means the royalties payable as set out in clause 5.

Royalty Fees means the royalties applicable to Licensed Services under the Limited Online Music Licence scheme and published on the Licensors’ website (www.prsformusic.com) from time to time and payable in accordance with the terms of clause 5.

Royalty Fees means the royalties payable, as set out in Cover Sheet.

Examples of Royalty Fees in a sentence

• You agree that you will not, on grounds of the alleged nonperformance by us of any of our obligations hereunder, withhold payment of any Continuing Royalty Fees, Brand Development Fees, Direct Costs, amounts due to us for purchases by you or any other amounts due to us.

• Any delay resulting from any of said causes shall extend performance accordingly or excuse performance, in whole or in part, as may be reasonable, except that said causes shall not excuse payments of amounts owed at the time of such occurrence or payment of Continuing Royalty Fees, Brand Development Fees or other payments due hereunder.

• If we terminate this Agreement pursuant to Article 14, you must pay us liquidated damages equal to the average value of the Continuing Royalty Fees you paid or owed (per month) to us during the twelve (12) months before the termination multiplied by twenty-four (24), being the number of months in two (2) full years.

• The parties hereto acknowledge and agree that it would be impracticable to determine precisely the damages we would incur from this Agreement’s termination and the loss of cash flow from Continuing Royalty Fees due to, among other things, the complications of determining what costs, if any, we might have saved and how much the Continuing Royalty Fees would have grown over what would have been this Agreement’s remaining term.

• The liquidated damages provision only covers our damages from the loss of cash flow from the Continuing Royalty Fees.

More Definitions of Royalty Fees

Royalty Fees means the payments to be paid by LICENSEE according to the provisions of Article 7.

Royalty Fees means, collectively, the Destination Club Royalty Fees and the Residential Royalty Fees.

Royalty Fees means the royalty fees that Franchisee shall pay Franchisor equal to five percent (5%) of the Gross Sales of a JINYA Ramen Bar.

Royalty Fees means the royalties applicable to the Licensed Service as set out in Schedule 1 and payable in accordance with the terms of clause 5.

Royalty Fees means the fees or share of revenue payable by PLL to EVI on the Licensed Products set out in SCHEDULE C.

Royalty Fees means the monthly fees payable to Franchisor calculated in the manner set forth in Section 4.2.2 and on Exhibit B.

Royalty Fees means the royalties payable by the Licensee to the Licensors, as set out in clause 5.