Guaranteed Minimum Royalty definition

Guaranteed Minimum Royalty means an amount equal to ten percent (10%) of seventy-five percent (75%) of the Net Sales recorded by Revlon for the sales of Licensed Products for the twelve (12) month period commencing on July 1, 2020 through June 30, 2021.
Sample 1Sample 2Sample 3
Guaranteed Minimum Royalty shall have the meaning assigned to such term in Paragraph 8.1 hereof.
Sample 1Sample 2Sample 3
Guaranteed Minimum Royalty means the minimum royalties payable in each Annual Period as set forth in Paragraph 5.2.
Sample 1Sample 2

Examples of Guaranteed Minimum Royalty in a sentence

  • This must be done at the instant such action would take place, the deal must involve a payment of Talents in return for doing or not doing a specific action, and whether or not the player lives up to that deal is up to him.

  • The Sales Royalty payable for each accounting and payment period during each Annual Period shall be computed on the basis of Net Sales during such Annual Period, with a credit for any Guaranteed Minimum Royalty and Sales Royalty payments theretofore made to the Company for said Annual Period.

  • The Sales Royalty payable for each quarterly period during each Sales Year shall be computed on the basis of Net Sales during such Sales Year, with a credit for any Guaranteed Minimum Royalty and Sales Royalty payments made to Licensor for said Sales Year.

  • The Guaranteed Minimum Royalty shall be non-refundable but actual royalties paid during the applicable calendar year shall be applied against the Guaranteed Minimum Royalty.

  • No payment of Sales Royalty for any Annual Period in excess of payments of Guaranteed Minimum Royalty for the same Annual Period shall be credited against the Guaranteed Minimum Royalty due to the Company for any other Annual Period.


More Definitions of Guaranteed Minimum Royalty

Guaranteed Minimum Royalty means the minimum royalties that Licensee must pay in each Annual Period, as set forth in Paragraph 9.1.
Sample 1Sample 2
Guaranteed Minimum Royalty shall be amended, in its entirety, as follows:
Sample 1Sample 2
Guaranteed Minimum Royalty means a guaranteed non-returnable royalty payment by Syratech to VEW as set forth in Paragraph 5(a). The Guaranteed Minimum Royalty shall be recoupable by Syratech as set forth in Paragraph 5(c).
Sample 1
Guaranteed Minimum Royalty means the minimum royalty that Licensee shall pay in each Annual Period, as set forth in Paragraph 9.1.
Sample 1
Guaranteed Minimum Royalty. The Guaranteed Minimum Royalty for the License Term is $200,000.00 and shall be allocated and payable as follows: First Year: ----------- $60,000.00 payable as follows: $20,000.00 upon signing, but no later than November 25, 1997 $10,000.00 no later than September 15, 1998 $30,000.00 no later than December 15, 1998. Second Year: ------------ $140,000.00 payable as follows: $57,500.00 no later than March 15, 1999 $27,500.00 no later than June 15, 1999 $27,500.00 no later than September 15, 1999 $27,500.00 no later than December 15, 1999 COPYRIGHT NOTICE: "19____ [Year of Publication] Viacom International, Inc. All Rights Reserved".
Sample 1
Guaranteed Minimum Royalty means the non-recoupable guaranteed minimum royalty payable to LS&Co. in respect of each Annual Period for each Territory as set forth on a Schedule.
Sample 1
Guaranteed Minimum Royalty shall have the meaning set forth in Section 8.01.
Sample 1