Minimum Royalty Payments definition

Minimum Royalty Payments or “MRP” is defined in Article 6.5.
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Minimum Royalty Payments means the minimum royalty payments as set out in section 11.4.2 of the Key Details.
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Minimum Royalty Payments means the minimum royalty payments described in Clause 6;
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Examples of Minimum Royalty Payments in a sentence

  • During the pendency of any infringement action brought against Xxxxxxxx or Tactical, Xxxxxxxx, in its discretion, may suspend production and sales of Licensed Products manufactured pursuant to this Agreement and shall be relieved of any Minimum Royalty Payments established under Section 10 of this Agreement during the pendency of any such action.

  • Beginning in year three (3) and each year thereafter occurring prior to the date Minimum Royalty Payments are due, Licensee shall pay Licensor a nonrefundable maintenance fee in accordance with the schedule below.

  • This Annual License Fee shall not be applicable to the Minimum Royalty Payments set forth by section 5.5.

  • This Initial Payment shall not be applicable to the Minimum Royalty Payments set forth by section 5.6.

  • Licensee shall pay Licensor Percentage Royalties in connection with such sales to the extent the same exceeds the Guaranteed Minimum Royalty Payments payable by Licensee to Licensor pursuant to this paragraph.


More Definitions of Minimum Royalty Payments

Minimum Royalty Payments means royalties paid pursuant to Article IV hereof in accordance with the following annual minimum sales requirements (each, an “Annual Minimum Sales Requirement”): Minimum No. of Units to Be Sold by Calendar Year Cypher (1)(2) 2011 0 2012 0 2013 30,000 2014 50,000 2015 & Thereafter 75,000
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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.
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Minimum Royalty Payments has the meaning specified in Section 3.4;
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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.
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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.
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Minimum Royalty Payments means the sum(s) payable by JDS to Banner in accordance with Section 3.3.
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Minimum Royalty Payments means the minimum, non-refundable royalty payments as specified in Clause 4.
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