Mechanical Royalties definition

Mechanical Royalties means royalties payable to any third party for the right to reproduce and distribute copyrighted Musical Compositions and other copyrighted Materials (if any) on Records;
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Mechanical Royalties means those royalties and fees required to copy musical works from one medium to another during the recording and duplication process;
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Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted Compositions on Records other than Audiovisual Records. 14.18. There is no paragraph 14.18.
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Examples of Mechanical Royalties in a sentence

  • All advances paid to Artist or on Artist's behalf shall be recoupable against the royalties payable under this Agreement, from whatever the source, except that advances shall not be recoupable against Mechanical Royalties except as provided for in Paragraph 8.01.

  • If any record contains one or more compositions which are not Controlled Compositions, then G2 will have the right to reduce the amount of Mechanical Royalties payable on the Controlled Compositions by an amount equal to the amount of mechanical royalties payable on non-Controlled Compositions.

  • Any promotional monies spent by G2 on behalf of Artist are fifty percent (50%) recoupable from monies otherwise due to Artist from G2, excluding Mechanical Royalties, notwithstanding the source.

  • Mechanical Royalties shall not be payable with respect to musical compositions of one minute or less in duration.

  • If any record contains one of more compositions which are not Controlled Compositions, then G2 will have the right to reduce the amount of Mechanical Royalties payable on the Controlled Compositions by an amount equal to the amount of mechanical royalties payable on non-Controlled Compositions.

  • Payment schedule to be 50% of Software User Licenses due upon signed contract agreement and the remaining cost due upon completion of implementation and training.

  • If an artist was to re-record someone else’s track (cover), they would have to pay a Mechanical Royalties.

  • Your right to audit Universal's books and records as the same relate to Mechanical Royalties for Controlled Compositions is subject to the terms and conditions set forth in Article 8.

  • Mechanical Royalties are paid to composers and publishers from the recorded sales of records.

  • The Company changed its English name from “China Agroforestry Low-Carbon Holdings Limited” to “China Bozza Development Holdings Limited” and its Chinese name from “中國農林低碳控股有限公司” to “中國寶沙發展控股有限公司”, both of which are effective from 5 March 2020.


More Definitions of Mechanical Royalties

Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted musical compositions on Records. 14.24. "Midline Record" -- a Record bearing a Suggested Retail List Price equal to more than two-thirds (2/3), but no more than eighty percent (80%), of the Suggested Retail List Price in the country concerned of top-line single-unit Records in the configuration concerned.
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Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted musical compositions on Records. (Universal Records) American Southwest Upstream2EX.1.25.06 (DBG) 14.24.
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Mechanical Royalties royalties payable to any Person for the right to reproduce and distribute copyrighted Compositions, literary works and other similar copyrighted materials embodied in a phonorecord, other than sound recording copyrights, on Phonograph Records.
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Mechanical Royalties means a sum equal to seventy-five percent (75%) of all mechanical royalties that would be owed to Seller if Purchaser sought to acquire a license to the Composition for creation of a sound recording under the compulsory licensing regime set forth in Section 115 of the U.S. Copyright Act (“Compulsory Licensing Regime”), at the rates applicable at the time such compulsory license was sought. “Other Composition Exploitation Revenues” means one hundred percent (100%) of all gross revenues derived from exploitation of the Composition in any manner other than through the Compulsory Licensing Regime. Such Other Composition Exploitation Revenues include, without limitation, granting by Seller or the Composers of any synchronization licenses. Purchaser shall notify all third parties inquiring about licensing of the Recording that Seller has retained rights with respect to the Composition, and that Composition Revenues shall be paid to Seller (and Seller’s designee(s)), as may be set forth in any Letters of Direction (as defined below). To the extent that Purchaser’s exploitation of Transferred Rights results in any Composition Revenues being paid to Purchaser, Purchaser shall immediately notify Seller in writing of Purchaser’s receipt of such Composition Revenues, and Purchaser shall transfer all such Composition Revenues to Seller (or Seller’s designee(s)) within five (5) business days of Purchaser’s receipt of response from Seller (or Seller’s designee(s)) within instructions regarding the reconveyance of such Composition Revenues.
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Related to Mechanical Royalties

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

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

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

  • Royalty Rate means the percentage defined in Exhibit B.

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

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

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • Royalty means an interest in an oil and 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.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

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

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

  • Net Sales means [***].

  • 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.

  • Royalty Fee “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.

  • Sublicense Revenues means [***].

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Sublicense Revenue means [***].

  • Aerosol cooking spray means any aerosol product designed either to reduce sticking on cooking and baking surfaces or to be applied on food, or both.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Furniture maintenance product means a wax, polish, conditioner or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors but does not include dusting aids, wood cleaners, products designed solely for the purpose of cleaning and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

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

  • Manufacturing Costs means, with respect to a given AquaBounty Product, the full-time equivalent costs (under a reasonable accounting mechanism to be agreed upon by the Parties) and out-of-pocket costs that AquaBounty or any of its Affiliates incurred in manufacturing such products, including costs and expenses incurred in connection with (a) the development or validation of any manufacturing process, formulations or delivery systems, or improvements to the foregoing; (b) manufacturing scale-up; (c) in-process testing, stability testing and release testing; (d) quality assurance/quality control development; (e) internal and Third Party costs and expenses incurred in connection with qualification and validation of Third Party contract manufacturers, including scale up, process and equipment validation, and initial manufacturing licenses, approvals and inspections; (f) packaging development and final packaging and labeling; (g) shipping configurations and shipping studies; and (h) overseeing the conduct of any of the foregoing. “Manufacturing Costs” shall further include: (i) to the extent that any such AquaBounty Product is manufactured by a Third Party manufacturer, the out-of-pocket costs incurred by AquaBounty or any of its Affiliates to the Third Party for the manufacture and supply (including packaging and labeling) thereof, and any reasonable out-of-pocket costs and direct labor costs incurred by AquaBounty or any of its Affiliates in managing or overseeing the Third Party relationship determined in accordance with the books and records of such Party or its Affiliates maintained in accordance with US GAAP; and (ii) to the extent that any such AquaBounty Product is manufactured by AquaBounty or any of its Affiliates, direct material and direct labor costs attributable to such product, as well as reasonably allocable overhead expenses, determined in accordance with the books and records of AquaBounty or its Affiliates maintained in accordance with US GAAP.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.