Licence and Royalty Agreement definition

Licence and Royalty Agreement means the amended and restated licence and royalty agreement dated December 22, 2010, as amended from time to time, whereby the Partnership granted Food Services a licence to use the A&W Marks in Canada.
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Licence and Royalty Agreement means the licence and royalty agreement dated November 26, 2004, as amended, or amended and restated from time to time, between MarksLP and Second Cup pursuant to which Second Cup was granted the licence to use the Second Cup Marks and agreed to pay a royalty to MarksLP;
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Licence and Royalty Agreement means the licence and royalty agreement dated November 26, 2004 between MarksCo and Second Cup pursuant to which Second Cup was granted the Licence and agreed to pay the Royalty to MarksCo.
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Examples of Licence and Royalty Agreement in a sentence

  • On January 1 of each year (the Adjustment Date), the restaurants subject to the Licence and Royalty Agreement are adjusted for new restaurants opened for at least 60 days preceding such Adjustment Date in the previous fiscal year.

  • The Partnership has granted SIR a 99-year licence to use the SIR Rights in most of Canada in consideration for a Royalty, payable by SIR to the Partnership, equal to 6% of the revenues of the restaurants included in the Royalty Pooled Restaurants (the Licence and Royalty Agreement).

  • Under the terms of the Licence and Royalty Agreement, SIR may be required to pay a Make-Whole Payment in respect of the reduction in revenues for restaurants permanently closed during a reporting period.

  • The Fund’s equity income is dependent upon the revenues generated by SIR for the restaurants subject to the Licence and Royalty Agreement.

  • The Partnership’s royalty income is determined based on 6% of the revenues from certain SIR Restaurants subject to the Licence and Royalty Agreement between the Partnership and SIR.

  • System sales for any period and for any Keg restaurant located in Canada and the United States, as defined in the Licence and Royalty Agreement, means the gross sales by such Keg restaurants for such period.

  • Food Services is paid for the additional royalty stream related to the sales of the net new restaurants, based on a formula set out in the Amended and Restated Licence and Royalty Agreement.

  • The business of the Partnership is the ownership of the Keg Rights and through a Licence and Royalty Agreement (the “Licence and Royalty Agreement”) with Keg Restaurants Ltd.

  • Partnership royalty income is 6% of pooled revenue in accordance with the Licence and Royalty Agreement, plus a Make-Whole Payment for closed restaurants, from the date of closure to December 31 of the year closed.

  • Except as amended hereby, the Licence and Royalty Agreement shall continue in full force and effect.


More Definitions of Licence and Royalty Agreement

Licence and Royalty Agreement means the amended and restated licence and royalty agreement dated December 22, 2010 between Food Services and the Partnership, as amended and supplemented from time to time and in effect;
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Licence and Royalty Agreement means the licence and royalty agreement dated September 26, 2014 between the FW Partnership and OJFG providing for, among other things, the licence by the FW Partnership to OJFG of the use of the FW Rights, and the payment by OJFG to the FW Partnership of a royalty as specified therein for the use of the FW Rights.
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Licence and Royalty Agreement means the agreement dated the date hereof between the Partnership and SIR providing for, inter alia, the licence by the Partnership to SIR of the use of the SIR Rights, and the payment by SIR to the Partnership of a royalty as specified therein for the use of the SIR Rights (as it may be amended from time to time);
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Licence and Royalty Agreement means the amended and restated licence and royalty agreement dated 5 September 2003 made between (1) Lomar and (2) International Hotel Licensing Company S.à x.x.;
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Related to Licence and Royalty Agreement

  • Royalty Agreement means the amended royalty agreement between the Partnership, Vermilion, 1209963 Alberta Ltd. and the Trust dated January 22, 2003 providing for the creation of the Royalty;

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • Technology License Agreement means the Technology License Agreement dated as of the date hereof between Allergan and ASTI.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • Software License Agreement means the particular Software License Agreement to which these Terms and Conditions are attached and incorporated into by reference.

  • Intellectual Property License Agreement shall have the meaning set forth in Section 6.11.

  • Licence Fees means the fees, the amount of is indicated in the Purchase Order, paid by the Client in consideration of the Licence.

  • Supply Agreement has the meaning set forth in Section 7.1.

  • Patent License Agreement means the Patent License Agreement substantially in the form of Exhibit C.

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sub-license agreement, distribution agreement, services agreement, Intellectual Property rights transfer agreement or any related agreements, in each case where all the parties to such agreement are one or more of the Borrower and any Restricted Subsidiary thereof.

  • Trademark License Agreement means that certain Trademark License Agreement in substantially the form attached hereto as Exhibit F.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • IP License Agreement shall have the meaning set forth in Section 1.2.

  • Development Agreement has the meaning set forth in the Recitals.

  • Sublicense means any agreement to Sublicense.