Estimated Royalty definition

Estimated Royalty means IMRO’s calculation of the royalty for an Event based on the information available to it at the date of estimation, including ticket price and money holding capacity of the venue where the Event was to be performed. The money holding capacity of the event will be calculated by multiplying the highest ticket price by the capacity of the venue.
Sample 1Sample 2Sample 3
Estimated Royalty means IMRO/MCPSI’s calculation of the royalty for an Event based on the information available to it at the date of estimation, including “ticket price” (or cost of access) of the Event and public view count of similar Events. The Estimated Royalty figure is at IMRO/MCPSI’s sole discretion.
Sample 1Sample 2
Estimated Royalty means the Royalty Fee that an Affiliate Restaurant would have had to pay us over an applicable calendar year if that Restaurant was owned by a franchisee and governed by our current form of franchise agreement. We calculated the Estimated Royalty for each Affiliate Location by multiplying the Net Sales by 0.04 (to account for the 4% Royalty Fee described in Item 6). It is important to note that the “Estimated Royalty” figures provided for each subset of Affiliate Restaurants are only an estimate, and these Restaurants did not actually pay us this amount because they are not required to pay us any Royalty in connection with operating the Affiliate Restaurants.
Sample 1

Examples of Estimated Royalty in a sentence

  • If returns are not submitted within 30 days of the Multi-Stage Event/Music and Arts Multi-Stage Event, IMRO will calculate an Estimated Royalty in accordance with paragraph 5.1 and 5.2. An invoice will then issue which is immediately payable.

  • If returns are not submitted within 30 days of the Event, IMRO will calculate an Estimated Royalty in accordance with paragraph 5.1.1. An invoice will issue which is immediately payable.

  • Estimated Royalty Payments Made by Firms Extracting Gas in Garrett CountySources: EIA; RESI, 2014 If the recipients of royalty payments reside in Allegany or Garrett Counties, the impact on individual households could be substantial.

  • Estimated Royalty Payments Made by Firms Extracting Gas in Garrett County 71Table 18.

  • Estimated Royalty Payments Made by Firms Extracting Gas in Allegany County Table 16 (Allegany County) and Table 17 (Garrett County).

  • Estimated Royalty Payments Made by Firms Extracting Gas in Allegany County 71Table 17.

  • Estimated Royalty Payments Made by Firms Extracting Gas in Allegany County YearScenario 1Table 17.

  • Financial guarantees, such as a rehabilitation trust fund and liability insurance, should also be required to cover the entire cost of rehabilitation and any other environmental damage that may be caused by mining operations at any given time.

  • As of December 31, 2021 Estimated Royalty Duration (1) Gross Carrying Value(1) Dates shown represent our estimates as of the current reporting date of when a royalty will substantially end, which may depend on clinical trial results, regulatory approvals, contractual terms, commercial developments, estimates of patent expiration dates (which may include estimated patent term extensions) or other factors and may vary by geography.

  • However, this is a long process that may not pay dividends for years.


More Definitions of Estimated Royalty

Estimated Royalty means IMRO’s calculation of the royalty due for a Multi-Stage Event/ Music and Arts Multi-Stage Event based on information available to it at the date of estimation, including ticket price, Capacity of the Multi-Stage Event/Music and Arts Multi-Stage Event and estimated ticket sales for the Multi-Stage Event/Music and Arts Multi-Stage Event.
Sample 1
Estimated Royalty means for any month, the Royalty Payments calculated by multiplying the relevant percentage provided in the definition of Royalty Payment by Estimated Project Revenues (rather than "Project Revenues"). Estimated Project Revenues shall be calculated as follows: Estimated Project Revenues = A * (B + C) Where:
Sample 1
Estimated Royalty means IMRO’s calculation of the Royalty for an Event/Multi-Stage Event, based on all information available to it at the date of estimation, including Ticket Price, capacity of the Event/Multi-Stage Event and projected sales for an Event/Multi-Stage Event.
Sample 1

Related to Estimated Royalty

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

  • Estimated revenue means the amount of revenue estimated to be received from all sources during the budget year in each fund for which a budget is being prepared.

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

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • 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.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

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

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • 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.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

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

  • estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Royalty Report shall have the meaning set forth in Section 7.1.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Invoice means a Contractor’s claim for payment. At the Agency’s discretion, claims may be submitted on an original invoice from the Contractor or may be submitted on a claim form acceptable to the Agency, such as a General Accounting Expenditure (GAX) form.

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

  • Royalty Rate means the percentage defined in Exhibit B.

  • Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.