Common use of Purchase Price and Royalty Interest Clause in Contracts

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

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Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0070,950.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0080,350.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0012,520.00, which shall entitle SongVest to 5012.5% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0025,000.00, which shall entitle SongVest to a 10025% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0015,024.00, which shall entitle SongVest to 5012.5% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0030,000.00, which shall entitle SongVest to a 10025% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0013,686.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.006,842.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0030,206.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0060,414.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0083,900.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.005,302.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0010,604.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0011,853.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0023,922.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0073,060.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.00146,121.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.008,790.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0017,581.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0015,689.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0031,294.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0029,062.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0058,063.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0032,900.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

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Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0016,487.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0032,976.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0050,000.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0016,322.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0032,645.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.005,388.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0010,776.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.00[47,500.00], which shall entitle SongVest to 5030% Royalty Interest in the Royalties(1) ● Maximum: $56,897.00[158,000.00], which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.0013,388.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0026,777.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.008,621.00, which shall entitle SongVest to 50% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0017,242.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● MinimumMinimum : $28,448.00[111,325.00], which shall entitle SongVest to 5025% Royalty Interest in the Royalties(1) ● MaximumMaximum : $56,897.00[222,650.00], which shall entitle SongVest to a 10050% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above. 1. Re: Notice of Assignment of Income

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

Purchase Price and Royalty Interest. The Purchase Price shall be equal to either (i) the “Minimum” set forth below; (ii) the “Maximum” set forth below; or (iii) a number in between the “Minimum” and “Maximum” set forth below: ● Minimum: $28,448.000.00, which shall entitle SongVest to 500% Royalty Interest in the Royalties(1) ● Maximum: $56,897.0063,150.00, which shall entitle SongVest to a 100% Royalty Interest in the Royalties(1) (1) For any Purchase Price that falls between the Minimum or Maximum amounts set forth above, the Royalty Interest in the Royalties to which SongVest shall be entitled will be calculated by multiplying the Purchase Price by a fraction, for which the numerator shall be the Purchase Price, and the denominator shall be the Maximum amount set forth above.

Appears in 1 contract

Samples: Royalty Option Agreement (RoyaltyTraders LLC)

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