Gross Royalty definition

Gross Royalty which means that royalty of 1% payable to ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ pursuant to the Gross Royalty Agreement dated October 1, 2007 between BE Resources Inc. and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇;
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Gross Royalty the gross royalty actually received from a licensee pursuant to a Licence together with (where applicable) an amount equal to the benefit or value of any available tax credit, repayment, exemption, allowance or deduction (available as a consequence of or in connection with such credit, repayment, exemption or allowance) whether pursuant to any domestic or local tax legislation or regulation or pursuant to any applicable double taxation treaty and whether or not such tax credit, repayment, exemption, allowance or deduction has been claimed.
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Gross Royalty means all royalty payments made to Seller or any other Person under the Novartis License and the Roche License after January 1, 2001; provided that, for purposes of this Agreement, Gross Royalty shall not include any milestone payment made to Seller pursuant to Section 3.2 of the Roche License.
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Examples of Gross Royalty in a sentence

  • Gross Royalty Income gross revenue resulting from a given Intellectual Property.

  • Where there is recovery of Gemstones from both the Properties and the New Claims in a Payment Period, the Gross Royalty payable shall be determined separately in respect of the Properties and New Claims.

  • The amount of the Royalty on recovery of Gemstones from the Properties (including Expatriate New Claims and Additional Claims) shall be three (3) percent of the Gross Royalty, as hereinafter defined, and shall be payable to the holder of the Royalty (the "Holder").

  • The amount of the Royalty on recovery of Gemstones from the YK Group Claims shall be one (1) percent of the Gross Royalty, as hereinafter defined, and shall be payable to the holder of the Royalty.

  • Upon any full or partial termination, Platoro shall have the right to retain any prepayments of the Gross Royalty paid by PMR, any amount of the Gross Royalty paid and the right to receive any Gross Royalty amount due and owning under the terms hereof, and retain any of the shares of PMR issued to Platoro.

  • In consideration for the right to sublicense the Licensed IP Rights licensed and sublicensed to Licensee under Section 2.1, Licensee will pay to IriSys a sum equal to ***% of its Gross Royalty Income after such royalties have been actually received therefor from each sublicensee by Licensee.

  • TCL shall account to CAS on a calendar quarterly basis with respect to the CAS Gross Royalty for the initial two (2) years following the initial commercial release or broadcast of each Program hereunder and on a calendar semi-annual basis thereafter for so long as amounts of the CAS Gross Royalty are payable to CAS hereunder, with accounting statements to be rendered within sixty (60) days after the end of each applicable accounting period.

  • To the extent that the cumulative amount of quarterly Gross Royalty Entitlement payments by Licensee to Licensor do not exceed the Guaranteed Payment, the shortfall shall be payable by Licensee to Licensor no later than fifteen (15) days from the end of such first twelve (12) months of Licensee's operations.

  • Royalty Base Price" shall mean the amount specified below ("Gross Royalty Base") applicable to the Phonograph Records concerned, less all excise, purchase, value added, or similar taxes (included in the Royalty Base Price) and less the applicable Container Charge.

  • Such Gross Royalty Entitlement payments to Licensor by licensee shall total a minimum of Two Hundred.


More Definitions of Gross Royalty

Gross Royalty means certain amounts calculated as provided in Exhibit E which may become payable to a Participant under Subsection 6.3(a) or 6.3(e) of this Agreement.
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Gross Royalty means an amount equal to two (2%) percent of the actual proceeds of the sale of Valuable Minerals derived from the development and production of Subject Mining Claims actually received in cash by PMR or its assignees from the sale thereof from a smelter or refinery;
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Gross Royalty means a share of the “gross proceeds”
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Related to Gross Royalty

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

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

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

  • Royalty means an interest in an oil and natural 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.

  • Minimum Royalty means the minimum royalties set forth in Schedule 1. Each Party represents and warrants that: it has the full legal right, power, and authority to execute, deliver, and perform its obligations under this Agreement, and has taken or will take all necessary actions to do so; and its performance of this Agreement constitutes legally binding obligations and will not result in: (i) a breach or default under any agreement or commitment to which it is a party or by which it is bound; or (ii) a violation of any applicable law, regulation, court order, or government directive.