Common use of Calculation of Guaranteed Minimum Royalty Clause in Contracts

Calculation of Guaranteed Minimum Royalty. In consideration for the use of the Licensed Mxxx hereunder, Licensee shall pay to the Company a guaranteed minimum royalty for each Annual Period (each, the “Guaranteed Minimum Royalty” for such Annual Period) as follows: ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY First $ 87,500 Second $ 107,500 Third $ 135,000 Fourth through Ninth $ 175,000 (each)

Appears in 1 contract

Samples: Agreement (Fashion House Holdings Inc)

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Calculation of Guaranteed Minimum Royalty. In consideration for the use of the Licensed Mxxx hereunder, Licensee shall pay to the Company a guaranteed minimum royalty for each Annual Period (each, the “Guaranteed Minimum Royalty” for such Annual Period) as follows: ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY First $ $52,500 Second $70,000 Third $87,500 Second $ 107,500 Third $ 135,000 24 ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY Fourth $112,500 Fifth $140,000 Sixth through Ninth $ Tenth $175,000 (each)

Appears in 1 contract

Samples: Agreement (Fashion House Holdings Inc)

Calculation of Guaranteed Minimum Royalty. In consideration for the use of the Licensed Mxxx Marks hereunder, Licensee shall pay to the Company a guaranteed minimum royalty for each Annual Period (each, the “Guaranteed Minimum Royalty” (8%) for such Annual Period) as follows: ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY First $ 87,500 170,000,00 Second $ 107,500 225,000.00 Third $ 135,000 275,000.00 Fourth $ 350,000 Fifth $ 400,000 Sixth through Ninth Tenth $ 175,000 450,000 (each)

Appears in 1 contract

Samples: Agreement (Fashion House Holdings Inc)

Calculation of Guaranteed Minimum Royalty. In consideration for the use of the Licensed Mxxx hereunder, Licensee shall pay to the Company a guaranteed minimum royalty for each Annual Period (each, the “Guaranteed Minimum Royalty” for such Annual Period) as follows: ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY First $ 87,500 22,500 Second $ 107,500 25,000 Third $ 135,000 27,500 Fourth through Ninth $ 175,000 40,000 (each)

Appears in 1 contract

Samples: Agreement (Fashion House Holdings Inc)

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Calculation of Guaranteed Minimum Royalty. In consideration for the use of the Licensed Mxxx hereunder, Licensee shall pay to the Company a guaranteed minimum royalty for each Annual Period (each, the “Guaranteed Minimum Royalty” for such Annual Period) as follows: ANNUAL PERIOD GUARANTEED MINIMUM ROYALTY First $ 87,500 $17,500 Second $ 107,500 $19,000 Third $ 135,000 $21,000 Fourth $22,500 Fifth $25,000 Sixth through Ninth $ 175,000 Tenth $35,000 (each)

Appears in 1 contract

Samples: Agreement (Fashion House Holdings Inc)

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