Accrued Royalties definition

Accrued Royalties shall bear the meaning provided in Section 3.2. ANNEX B: Agreed Form of License Agreement
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Accrued Royalties shall bear the meaning provided in Section 3.2.
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Accrued Royalties. Deferred Revenue" and "Other Current Liabilities," as determined in a manner consistent with the Statement of Assets and Liabilities, in each case to the extent incurred solely by the Business, except that (A) all intercompany amounts shall be excluded and (B) no amounts shall be included in respect of Excluded Liabilities.
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Examples of Accrued Royalties in a sentence

  • Rooklidge, Licensee Validity Challenges and the Obligation to Pay Accrued Royalties: Lear v.

  • Rooklidge, Licensee Validity Challenges and the Obligation to Pay Accrued Royalties (Part I), 68 J.

  • The Company undertakes, covenants and agrees that all sales of DVD Units (as such term is defined in the B Unit Debentures) to United States and Canadian purchasers will be undertaken by the Company on a direct market basis through Fulfillment Corporations (as such term is defined in the B Unit Debentures) at all times that any Principal Amount, Interest or B Unit Accrued Royalties (as such terms are defined in the B Unit Debenture) remain outstanding under the B Unit Debentures.

  • The additional drawings and instructions thus supplied to the Contractor will coordinate with Contract Documents and will be so prepared that they can be reasonably interpreted as part thereof.

  • Our non-GAAP gross margin percentage of 30.0% excludes $11.7 million of the Change in Estimate attributable to OEM Solutions related to the one-time reduction in our Accrued Royalties obligations effective October 1, 2016.

  • Licensee shall be entitled at any point in time to pay Accrued Royalties or any part thereof to the Licensors earlier than after the expiration of the eighteen (18) month period.

  • The Accrued Royalties shall carry an annual interest rate of the minimum required rate (if and to the extent required by any applicable law or regulation) from the date of accrual until actual payment is effected.

  • If the actual Net Worth is ($0) and Buyer's Portion of the Accrued Royalties is $2,000,000, then the Adjusted Net Worth would be ($2,000,000).

  • There are two possible cases of slower payment of Accrued Royalties.

  • Within 30 days after initial funding, Kennecott shall specify and request in writing from BHP additional relevant materials and data necessary for Kennecott to reasonably determine the Accrued Royalties and Previous Reclamation Expenses, for purposes of a final audit of the Initial Amount (“Final Audit Materials”).


More Definitions of Accrued Royalties

Accrued Royalties means the sum of Reimbursable Royalties and Paid Royalties hereunder.
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Accrued Royalties will have the meaning set forth in Section 10.3.
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Accrued Royalties means the unpaid but accrued royalties owed to the individuals and in the amounts set forth on Schedule M attached hereto.
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Accrued Royalties equal royalties as calculated below on the license or sale of VideoFusion products (whether existing at the time of the Merger or developed thereafter by the VideoFusion Employees as extensions of the VideoFusion technology) between September 9, 1994 and the date of this Third Amendment: Application Software Sold Separately: 8.423% of ASP Application Software Sold Bundled with Hardware: 1.263% of SRP
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Accrued Royalties. Accrued Taxes," and "Other Current Liabilities," as determined in a manner consistent with the accounting practices used in preparing the March Balance Sheet, except that (t) all intercompany amounts shall be excluded, (u) credit balances in "Accounts Receivable" shall be reclassified to "Accounts Payable-Trade and Other,"
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Related to Accrued Royalties

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sublicense Revenue means [***].

  • Royalty Rate means the percentage defined in Exhibit B.

  • Sublicense Revenues means [***].

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Gross Profits means the gross profits calculated under section 4;

  • Net Sales means [***].