Royalty Advance definition

Royalty Advance means the payment by Amgen of $145,000,000 to Royalty Sub as an advance against future Royalties.
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Royalty Advance means the advance royalty payment by Adobe to ESPS under Section 6.4. The Royalty Advance shall be a non-refundable payment of five hundred thousand dollars ($500,000).
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Royalty Advance means a Cash advance to the Debtors or Reorganized Debtors of amounts owed by a licensee in connection with an IPCO License Agreement.
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Examples of Royalty Advance in a sentence

  • See Declaration of Joseph Bucci ¶ 8; see also Royalty Advance Statements, Primary Source Microfilm.

  • The success of the Capital Raise is not within the Company’s control, and it therefore cannot provide assurance that it will receive the Royalty Advance or receive the projected underlying royalty from the production of Vehicles.

  • The 2% Gross Sales Royalty is a life-of-mine/ life-of-refinery Royalty that will continue to be payable on revenues generated from the operation after the Royalty Advance of US$5,191,191 has been repaid.

  • Except as otherwise provided in the Plan or the Confirmation Order, all Cash necessary for the Debtors, the Reorganized Debtors or the Plan Administrator to make payments pursuant to the Plan shall be obtained from the proceeds of the Non-IP Asset Sales, the Section 363 Sale, and/or the Royalty Advance and the Debtors’ Cash balances.

  • Prior to the Effective Date, the Company had advanced $111,444 towards early construction costs of the Facility, and TapRoot, upon execution of the TapRoot agreement, agrees to assume 50% of these costs which will be reflected as a decrease in the Royalty Advance.

  • Specifically, Shutterstock has a pecuniary interest in a declaration affirming that it maintains no obligation to pay the 2020-2021 Royalty Advance, in addition to other obligations that PMC claims Shutterstock had under the Contract.51.

  • Additionally, the merger defined the amount of the Royalty Advance as $4.8 million, which was received and is recorded in Other Income in the Consolidated Statements of Operations for the year ended December 31, 2020.

  • Shutterstock is thus entitled to restitution of a pro rata share of the 2019-2020 Royalty Advance, corresponding to the approximate four-month period in which PMC failed tosubstantially perform, less any Royalties actually earned by PMC for sale of its content during such period.THIRD CAUSE OF ACTION(Breach of Contract) 59.

  • Royalty earnings for author ABC Book 1 Royalty Earnings$ 500Book 2 Royalty Advance Balance($ 1,000) Royalties payable without cross-collateralization$ 500 Royalties payable with cross-collateralization$ 0 In Easy Royalties author contracts are grouped (cross-collaterized) from the author record’s contract group menu item.

  • Instead, PMC filed a lawsuit without warning, seeking, among other things, payment of the Royalty Advance on revenue that Shutterstock was to earn on its sale of content created during the 2020-2021 Contract Period at PMC Events and Third-Party Events—i.e., the very consideration that PMC cannot deliver.


More Definitions of Royalty Advance

Royalty Advance shall have the meaning specified in Section 3(a)(ii).
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Royalty Advance shall have the meaning provided therefor in Section 3.2 hereof.
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Royalty Advance is defined in Section 2.04(c).
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Related to Royalty Advance

  • Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • P&I Advance means an advance made by a party to any Securitization Servicing Agreement in respect of a delinquent monthly debt service payment on the Note securitized pursuant to such Securitization Servicing Agreement.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Nonrecoverable Advance Any portion of an Advance previously made or proposed to be made by the Master Servicer that, in the good faith judgment of the Master Servicer, will not be ultimately recoverable by the Master Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Equipment Advance is defined in Section 2.1.1.

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Program Preparation Advance (renamed as such pursuant to subparagraph 8 (c) above) is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Servicing Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Tax Advance has the meaning set forth in Section 6.02(a).

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).