Deferred Royalties definition
Examples of Deferred Royalties in a sentence
The report shall also show the accumulated balance of the Deferred Royalties.
The amounts paid under (i) and (ii) of this paragraph will be credited against the accumulated balance of the Deferred Royalties.
Following the Trigger Date, accumulated Deferred Royalties shall be payable by Licensee to CMU in accordance with the following amortization schedule ("Amortization Schedule"): October 12, 2002 50% January 1, 2002 15% May 1, 2002 15% June 30, 2002 20% The first payment shall not be made in U.S. Dollars, but rather shall be made by Licensee by providing CMU with a number of shares of Sonic Foundry common stock equal to the dollar amount that would otherwise be due on said date divided by $1.185.
The report shall show the quantity, description and price of the Products sold and be sufficiently detailed to ascertain payments due under this Agreement, including mechanisms used to come to the amount of royalties presently due for the corresponding year and the amount of the Deferred Royalties for the corresponding year, and taking into consideration the minimum royalties which have already been paid for the corresponding year.
For good and valuable considerations received, DKI hereby unconditionally and absolutely guaranties the payment of the Deferred Royalties by DKS to LVMH.