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 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.

Monthly Royalty means, with respect to each Payment Month, the amount due to Ligand pursuant to Section 2.02(a) for such Payment Month.

Examples of Monthly Royalty in a sentence

• There will be an annual adjustment within ninety (90) days after the end of each operating year so that the total Monthly Royalty Fees and Monthly Program Fees paid annually will be the same as the amounts determined by audit.

• The Monthly Royalty Fee and the Monthly Program Fee will be paid to us at the place we designate on or before the fifteenth (15th) day of each month and will be accompanied by our standard schedule setting forth in reasonable detail the computation of the Monthly Royalty Fee and Monthly Program Fee for such month.

• Monthly Royalty payments will be computer by taking the determined percentage of the monthly gross table revenue, which is all monthly revenue earned by LICENSEE from only the entire fees paid to the LICENSEE by casinos for their table(s) offering the Game.

• We reserve the right to require you to transmit the Monthly Royalty Fee and the Monthly Program Fee and all other payments required under this Agreement by wire transfer or other form of electronic funds transfer.

• The Termination Fee is intended to compensate us only for the value lost in Monthly Royalty Fees and Monthly Program Fees as a result of the early termination of the Agreement, and you agree that you remain liable for all other obligations and claims under the Agreement, including obligations following termination under Subparagraphs 5.c., 5.d., 8.c., 14.d. and Paragraph 9 and liabilities arising out of your breach or default.

• Beginning on the Opening Date, you will pay to us for each month (or part of a month, including the final month you operate under this Agreement) a Monthly Royalty Fee and a Monthly Program Fee, each of which is set forth in the Rider.

• Beginning on the Opening Date, you will pay to us for each month (or part of a month, including the final month you operate under this Agreement) the Monthly Royalty Fees as set forth and defined in the Rider and a Monthly Program Fee in the amount of four percent (4%) of the Hotel's Gross Rooms Revenue (as the term is defined more specifically in Subparagraph 7.b. below) for the preceding calendar month.

• If the Permitted Royalty Deductions for a Quarter or Month are in excess of the Royalty Revenues for such Quarter or Month, there shall be no Quarterly Royalty Payment or Monthly Royalty Payment for such Quarter or Month, as the case may be, and the amount of the excess Permitted Royalty Deductions shall be carried forward and treated as Permitted Royalty Deductions in the following Quarter or Month.

• Augmentor has already been shown to have large potential utility for enhancing the workflow of clinicians using Dynamika for image analysis in randomised clinical trials.

• For greater certainty, there shall be no Quarterly Royalty Payment for any period in respect of which the Grantor calculates and pays the Monthly Royalty Payment and vice-versa.

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. “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.

Monthly Royalty has the meaning set forth in Section 7.1.

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"