Monthly Royalty definition

Monthly Royalty means the Performance-Based Royalty, determined in each case as a fixed monthly royalty payment, paid by Site Users to Licensor under the terms of each Site User License.
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Monthly Royalty means, with respect to each Payment Month, the amount due to Ligand pursuant to Section 2.02(a) for such Payment Month. “Net Sales Proceeds” shall mean the aggregate amount of sales proceeds received by the Company (or an Affiliate, agent or sublicensee thereof, as applicable) and its Subsidiaries for Products in any Payment Month during the Term, less Excluded Costs. “Obligations” shall mean any and all payment obligations of the Company under this Agreement. “Pari Passu Collateral” shall have the meaning set forth in the Intercreditor Agreement.
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Monthly Royalty means the royalty of ten percent (10%) of your Gross Receipts that you must pay us each month as detailed in Section 5.2(a) of this Agreement.
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Examples of Monthly Royalty in a sentence

  • Any percentage fee discounts (including fee ramps) are excluded from the calculation of Hotel’s Average Monthly Royalty Fees.

  • For the avoidance of doubt, any System Hotel that has not been in operation for at least 12 full calendar months immediately preceding the month of termination is not included in determining the System’s Average Monthly Royalty Fees.

  • Any percentage fee discounts (including fee ramps) are excluded from the calculation of System’s Average Monthly Royalty Fees.

  • The Hotel’s Average Monthly Royalty Fees (i) multiplied by sixty (60) if termination occurs after the second anniversary of the Opening Date but before the final sixty (60) calendar months of the Term, or (ii) multiplied by the number of months remaining in the Term if there are fewer than sixty (60) months remaining in the Term on the date of termination.You acknowledge and agree that this Termination Fee is an agreed fee and does not represent a penalty or liquidated damages.

  • If termination occurs after the Opening Date but before the second anniversary of the Opening Date, you will pay us Liquidated Damages in an amount equal to [SELECT FOR CI, DT, ES, H2, HAM, HFS, HGI, HWS, WAC] the greater of: (a) the Hotel’s Average Monthly Royalty Fees multiplied by sixty (60); or (b) the System’s Average Monthly Royalty Fees multiplied by sixty (60).

  • If termination occurs after you begin the Hotel Work but before the Opening Date, unless your failure to complete the Hotel Work was the result of Force Majeure you will pay us Liquidated Damages in an amount equal to [SELECT FOR CI, DT, ES, H2, HAM, HFS, HGI, HWS, WAC] the System’s Average Monthly Royalty Fees multiplied by sixty (60).

  • The term “System’s Average Monthly Royalty Fees” means the average Monthly Royalty Fees per Guest Room owed to us by all System Hotels in operation in the United States over the 12 full calendar month period immediately preceding the month of termination, multiplied by the number of approved Guest Rooms at the Hotel.

  • Other than the Monthly Royalty Fee and liquidated damages, all fees are subject to change.

  • Other than the Monthly Royalty Fee and liquidated damages, all fees are subject to change.NOTES1.

  • Other than the Monthly Royalty Fee, Liquidated Damages and Termination Fees, all fees are subject to change.


More Definitions of Monthly Royalty

Monthly Royalty means, with respect to each Payment Month, the amount due to Ligand pursuant to Section 2.02(a) for such Payment Month.
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Monthly Royalty. Pursuant to the schedule set forth in Paragraph 4, --------------- Licensee shall pay Licensor a royalty of the greater of six percent (6%) of Net Sales of the Licensed Products or $25,000 per year. SCHEDULE G "Intellectual Property" Intellectual Property refers to the Marks and the following copyrights, patent processes, methods or devices including: all language content including but not limited to all text, graphics, art work, audio and visual recordings for use in all Licensed Products including but not limited to all course materials, instruction manuals, pre-recorded audio and video cassettes, CD-ROMS and DVD's for use in teaching each of the languages offered now or in the future by Licensor; visual and audio demonstrations and instruction of how to use all Licensed Products including but not limited to interactive versions of the Licensor's language method via the Internet; consultation and instruction materials supporting the sale, promotion, advertisement and use of all Licensed Products; and Licensed Product updates and enhancements as developed by Licensor. Copyrights refer to all material published and unpublished by Licensor its affiliates, parent, and subsidiary corporations including but not limited to all literary works including computer programs, musical works, including any accompanying words, dramatic works, including any accompanying music, pantomimes and choreographic works, pictorial, graphic, and sculptural works, motion pictures and other audiovisual works and sound recordings SCHEDULE H "Authorized Manufacturers"
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Monthly Royalty has the meaning set forth in Section 7.1.
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Related to Monthly Royalty

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

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

  • 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.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

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

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

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • 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.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Royalty Rate means the percentage defined in Exhibit B.

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

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

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

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • Net Sales means [***].

  • 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.

  • Monthly Invoice means an invoice issued in accordance with section 21 by MDL or the Incentives Pool Trustee to a Shipper or Welded Party for all Charges payable in respect of the previous Month by that Shipper or Welded Party, together with any outstanding amounts in respect of any Month prior to the previous Month.

  • Net Revenues means the difference between:

  • Past Due Rent Payment is defined in Section 2.2(g).