Examples of End of the Roll in a sentence
End of the Roll has the option at any time after May 1, 2010 to repurchase the ER IP (and terminate the Royalty) at a pre-negotiated premium to the original purchase price.
Investment in End of the Roll Carpet and Vinyl (“End of the Roll”): On May 1, 2005, the Corporation purchased certain intellectual property (the "ER IP") from End of the Roll for an aggregate purchase price of $7.2 million pursuant to an acquisition agreement (the "ER Acquisition Agreement") dated May 1, 2005 (the "End of the Roll Investment").
The ER IP was subsequently licensed to End of the Roll for a term of 80 years pursuant to a license agreement (the "ER License Agreement") dated May 1, 2005 in consideration of an annual royalty (the "Royalty").
The ER IP was subsequently licensed to End of the Roll for a term (the "Term") of 80 years pursuant to a license agreement (the "ER License Agreement") dated May 1, 2005 in consideration of an annual royalty (the "Royalty").
The End of the Roll intangible asset had a carrying value of $6.0 million and an original cost of $7.2 million.
End of the Roll Carpet and Vinyl repurchased its intellectual property from Alaris for $12.6 million.
Intangible assets were comprised solely of the Corporation’s investment in certain intellectual property of End of the Roll, which had a finite useful life and was measured at cost less accumulated amortization and accumulated impairment losses.
Intangible Assets:The Corporation holds intangible assets in End of the Roll, net of accumulated amortization of$932,060 (December 31, 2014 - $886,592), of $6,342,860 (December 31, 2014 - $6,388,328).4.
Intangible Assets:The Corporation holds intangible assets in End of the Roll, net of accumulated amortization of$954,794 (December 31, 2014 - $886,592), of $6,320,126 (December 31, 2014 - $6,388,328).4.
In Q2 2018, the Corporation recorded a $6.4 million gain on the repurchase of the End of the Roll intangible asset, a partial redemption of the Planet Fitness units and a $0.5 million increase in the fair value of investments at fair value.