Minimum Royalty Payments definition

Minimum Royalty Payments means the minimum royalty payments as set out in section 11.4.2 of the Key Details.
Sample 1Sample 2
Minimum Royalty Payments or “MRP” is defined in Article 6.5.
Sample 1Sample 2
Minimum Royalty Payments means royalties paid pursuant to Section 4.3 hereof in accordance with the following annual minimum sales requirements (each, an “Annual Minimum Sales Requirement”):
Sample 1

Examples of Minimum Royalty Payments in a sentence

  • If the total dollar amount of Production Royalties due Lessor within that calendar year exceed the dollar amount of the Advance Minimum Royalty Payment due Lessor within that calendar year, Lessee can credit all uncredited Advance Minimum Royalty Payments made in previous years against fifty percent (50%) of the Production Royalties due Lessor within that calendar year.

  • Minimum Royalty Payments We are obligated under a licensing agreement with Whirlpool Corporation to make minimum annual royalty payments of $1,000 through 2011.

  • During the term of this Agreement, LICENSEE agrees to pay YALE annual Minimum Royalty Payments (“MRP”), commencing on the first January 1 to occur after the date of the first sale that results in NET SALES.

  • Although the Debtors do not anticipate any Minimum Royalty Payments will be due and owing as of the Petition Date, out of an abundance of caution, the Debtors request authority to pay any Minimum Royalty Payment that may become due and owing in the ordinary course of business.

  • Mining Lease (15 year initial term, and so long thereafter as commercial production continues) • Advance Minimum Royalty: Payments of USD150,000 in years 1-3, USD200,000 in years 4-5 and USD400,000 for year 6 and beyond (unless a feasibility study has been completed).


More Definitions of Minimum Royalty Payments

Minimum Royalty Payments means the sum(s) payable by JDS to Banner in accordance with Section 3.3.
Sample 1
Minimum Royalty Payments shall have the meaning attributed to it in Section 4.7 (*) this text has been omitted pursuant to a request for confidential treatment and has been filed separately. This document contains confidential information and cannot be shared in any format with any third party without the express written permission of Luminex Corporation.
Sample 1
Minimum Royalty Payments. During the Royalty Term, OP shall make the following minimum royalty payments ("Minimum Royalty") on each of the indicated due dates: Contract Year Minimum Royalty Amount Due Date ------------- ---------------------- -------- 1 (None) (Not applicable) 2 $ 25,000 1st anniversary of Effective Date 3 $ 50,000 2nd anniversary of Effective Date 4+ $ 100,000 3rd anniversary of Effective Date, and each subsequent anniversary of Effective Date
Sample 1
Minimum Royalty Payments means, for any applicable computation period, the minimum payments required to be made under the royalty and licensing agreements of the Borrower and its Subsidiaries in such period.
Sample 1
Minimum Royalty Payments means the minimum, non-refundable royalty payments for each of the Foam Product (“Foam Product Minimum Royalty Payments”) and the Oral Product (“Oral Product Minimum Royalty Payments”) as specified in Clause 4.
Sample 1
Minimum Royalty Payments has the meaning specified in Section 3.4;
Sample 1
Minimum Royalty Payments means the minimum royalty payments described in Clause 6;
Sample 1