Royalty Schedule. The appropriate Board approved royalty schedule for the commodity mined shall be attached and made a part of the mineral lease. (2-7-91)
Royalty Schedule. Lessee shall pay Lessor a Net Smelter Royalty (NSR) on all development and production ores and minerals extracted, milled, and sold from the Leased Premises as shown in the following table:
Royalty Schedule. Lessee shall pay Lessor a two percent (2.0%) Net Smelter Royalty (NSR) on all development and production of ores and minerals extracted, milled and sold from the Leased Premises. The NSR shall be paid on the first day of each quarter; provided, the foregoing quarterly payments of the NSR shall commence upon the production and sale of ores from the Leased Premises. Lessee may purchase back from Lessor one percent (1%) of the NSR for $1,000,000, with half paid in cash or other legal U.S. tender, provided such purchase occurs within the first five (5) year term of the Lease. The remaining half may be paid in common shares of Lessee, at Xxxxxx’s discretion. Net Smelter Royalty is defined as the percentage of proceeds received from any smelter, buyer or agent who purchases the minerals minus any allowable smelting and transportation charges, but not including mining, milling or overhead costs.
Royalty Schedule. Lessee shall pay Lessor a 20% Net Profits Royalty, as defined in Exhibit B, on all development and production ores and minerals extracted, milled and sold from the leased premises in accordance with Exhibit B which is attached hereto and by this reference is made a part of this Lease. The Net Profits Royalty shall be increased above twenty percent (20%), or decreased to not less than twenty percent (20%), in accordance with the quarterly average price of silver, as shown on the schedule which follows: Sliding Scale Royalty Payments ------------------------------------------- Net Profit Royalty Quarterly Average Percentage Silver Price ------------------ ----------------- 20% less than $11.00 21% greater than $11.00 22% greater than $11.25
Royalty Schedule. Item Base Price Discount Schedule -------------------------------------------------------------------------------- Units Percentage -------------------------------------------------------------------------------- IPX/SPX [ * ] [ * ] [ * ] NEST Requester [ * ] [ * ] [ * ] PServer/NPrinter [ * ] [ * ] [ * ] NEST Autoroute [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] [ * ] * Confidential portions omitted and filed separately with the Securities and Exchange Commission. --------------------------------------------------------------------------------
Royalty Schedule. Lessee shall pay Lessor a 20% Net Profits Royalty, as defined in Exhibit B, on all development and production ores and minerals extracted, milled and sold from the leased premises in accordance with Exhibit B which is attached hereto and by this reference is made a part of this Lease. The Net Profits Royalty shall be increased above twenty percent (20%), or decreased to not less than twenty percent (20%), in accordance with the adjusted quarterly average price of silver, as shown on the schedule which follows: Sliding Scale Royalty Payments --------------------------------------------------- Net Profit Royalty Quarterly Average Percentage Silver Price ------------------ ----------------- 20% less than $11.00 21% greater than $11.00 22% greater than $11.25 23% greater than $11.50 24% greater than $11.75 25% greater than $12.00 30% greater than $13.50 35% greater than $15.00 40% greater than $16.50 The term "quarterly average price of silver" means the sum of all closing prices as quoted by the Comex Metals Exchange for each day of the calendar quarter that a quote is given, divided by the number of days quoted.
Royalty Schedule. Beginning on the Effective Date and extending for the term of this License Agreement, Licensee agrees to pay Licensor the following payments:
A. US$18.00 per Unit for the first 50,000 Units Distributed.
B. US$14.00 per Unit for the next 200,000 Units Distributed (the 50,001st to 250,000th Units.)
C. US$11.00 per Unit for the next 250,000 Units Distributed (the 250,001st to 500,000th Units) with a set-off credit of US$200,000 to be applied to royalties beginning with the 250,001st Unit. (This reflects a credit from US$18 to US$14 for each of the first 50,000 Units.)
D. US$8.00 per Unit for the next 500,000 Units Distributed (the 500,001st to 1,000,000th Units) with a set-off credit of US$750,000 to be applied to royalties beginning with the 500,001st Unit. (This reflects a credit from US$14 to US$11 for each of the first 250,000 Units.)
E. US$8.00 per Unit for all Units over 1,000,000 Units Distributed with a setoff credit of US$1,500,000 to be applied to royalties beginning with the 1,000,001st Unit. (This reflects a credit from US$11 to US$8 for each of the first 500,000 Units.)
Royalty Schedule. (a) Class A Subscribers. Hitachi Software will pay @Road a royalty of [*] ------------------- per month (pro rated for each partial month) per Class A Subscriber as more fully described in Exhibit J attached hereto. ---------
(b) Class B Subscribers. Hitachi Software will pay @Road a royalty of [*] ------------------- per month (pro rated for each partial month) per Class B Subscriber as more fully described in Exhibit J attached hereto. Hitachi --------- Software shall transition Class B Subscribers to Class A Subscribers as soon as is commercially feasible.
Royalty Schedule. Lessee shall pay Lessor a 1.25% Net Smelter Royalty on all development and production ores and minerals extracted, milled and sold from the Leased Premises in the manner as described in the Royalty Deed for the Patented Mining Claims attached herewith as Exhibit F to the Purchase and Sale Agreement and incorporated herein as part of this lease.
Royalty Schedule. The Developer shall pay the Owner a royalty equal to six (6%) of the Net Revenues received by the Developer from the (a) sale, lease, manufacture or distribution of the Advanced Modeler, or any other product or devise utilizing all or any part of the Owner Intellectual Property and (b) support and services related to Advanced Modeler. Such Royalty shall be payable not later than the fifteenth (15th) day after the close of each calendar month. For purposes of this Section, the Developer means any person or entity related to the Developer within the meaning of Sections 267 or 1563 of the Internal Revenue Code of 1996, as amended.