Advance Royalty Payment definition

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Advance Royalty Payment means the minimum royalty set forth in Schedule 3.3 of Exhibit A payable as an advance against royalties in accordance with the provisions of Section 3.3.

Advance Royalty Payment means a payment made or payable by the Holder to NTI in accordance with section 5.09 of this Agreement or section 4.07 of the Production Lease.

Examples of Advance Royalty Payment in a sentence

Licensee may not credit such amounts to the Advance Royalty Payment, Minimum Royalty Guarantee or any other payment required under this License for any other Fiscal Year.
Regardless of whether any sales occur during any Fiscal Year, Licensee shall also pay NFLP the applicable Advance Royalty Payment and Minimum Royalty Guarantee for each Fiscal Year during the Term.
Licensee may credit the Advance Royalty Payment and Royalty payments made to NFLP during each Fiscal Year to the Minimum Royalty Guarantee for the corresponding Fiscal Year only.
If NFLP terminates this License, for the Fiscal Year in which termination occurs ("Termination Fiscal Year") Licensee shall pay NFLP the Royalty on all sales of the Licensed Products made during the Termination Fiscal Year or a pro rated portion of the Minimum Royalty Guarantee owed in excess of the Advance Royalty Payment ("Termination Guarantee"), whichever is greater.
If the Term Sheet assigns a per-product Advance Royalty Payment and Minimum Royalty Guarantee, then Licensee may only credit the Advance Royalty Payment for such product and Royalty payments from the sales of such product toward the corresponding Minimum Royalty Guarantee for such product in the corresponding Fiscal Year.
In the case where commercial production has commenced on THE LOT, but the calculated Royalty is less than the minimum Advance Royalty Payments as described above, then the Advance Royalty Payment would apply.
All royalties owed by Sublicensee to Sublicensor in accordance with this Section 3.3 shall be credited against the Advance Royalty Payment until the total amount of all royalties owed exceeds such Advance Royalty Payment.
Such Advance Royalty Payment shall be made to Licensor in accordance with Paragraph 13, infra.
In the event of the termination of this Agreement in accordance with Sections 12.1 or 12.2 hereof, Sublicensor shall remit to Sublicensee within thirty (30) days of the effective date of such termination any uncredited amount of the Advance Royalty Payment.
An employee who has not completed his probationary period and has not yet acquired seniority status cannot apply for another position.

More Definitions of Advance Royalty Payment

Advance Royalty Payment. The amount to be credited to Royalty payments due for the corresponding Fiscal Year payable to NFLP upon the execution of this License for Fiscal Year I and on or before April 15 for each successive Fiscal Year. b. "Broadcast Exposure Fee": The amount Licensee shall pay to NFLP for on-field exposure rights for the Exposure Products. c. "Advertisements": Advertising space in designated NFLP publications to be purchased by Licensee in accordance with this License. d. "Affiliate": Any person or entity in which Licensee or any owner, majority shareholder, officer or director of Licensee has any direct or indirect beneficial or ownership interest or is a joint venture partner. e. "Assigned Member Clubs": The Member Clubs for which Licensee shall have on-field exposure rights for the Exposure Products in accordance with the terms of Paragraph 19. f. "Authorized Brands": The only brand names Licensee may use in association with the Licensed Products. g. "Club Marks": The full team names, nicknames, helmet designs, uniform designs, logos, slogans, and other identifying symbols and indicia adopted for commercial purposes by the Member Clubs. h. "Cooperative Fund": The amount payable to NFLP during each Fiscal Year for use by NFLP in connection with the designated Cooperative Program. i. "Distribution Channels": The channels of trade in the Territory in which Licensee may distribute for sale or sell each Licensed Product as defined in Exhibit I attached to this License and/or the attached Term Sheet. j. "Exposure Products": The Licensed Products for which Licensee shall have on-field exposure rights for the Assigned Member Clubs. k. "Fiscal Year": The period beginning on April 1 of any year and ending on March 31 of the following year except for Fiscal Year I, which will begin on the date this License is fully-executed and will end on March 31 of the following year. l. "League Marks": "National Football League", "NFL", "National Football Conference", "American Football Conference", "NFC", "AFC", R02468 February 27, 1996 Antigua Sportswear, Inc. 1

Advance Royalty Payment means the aggregate amount of $75,000 payable by Sagent to Abacus in one advance payment pursuant to section 5.2 of this Agreement.

Advance Royalty Payment means the advance royalty payment to be made on the Closing Date by Holdings to the trustee under the Trust Agreement in accordance with the Deed of Overriding Royalty, dated as of September 30, 2004, between Holdings and such trustee, in an amount not to exceed $4.0 million.

Advance Royalty Payment has the meaning given that term in the applicable Use Agreement.