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.
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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

  • Upon execution of the Agreement, Adobe shall pay to ESPS eight hundred thousand dollars ($900,000), consisting of (a) four hundred thousand dollars ($400,000) as a refundable pre-payment of the License Fee, and (b) the non-refundable Royalty Advance of five hundred thousand dollars ($500,000).

  • This Royalty Advance shall be due and payable [* * *] days after the Effective Date [* * *].

  • Each Royalty Advance Payment shall be credited and applied toward any royalties on Net Sales of Products actually earned or deemed to have been earned, and such credits shall carry forward until all such credits are exhausted; provided, however, that SLT's Royalty Advance Payments shall not, except as set forth in Section 11.2 be refundable in the event Net Sales of Products during the Term of this Agreement are insufficient to offset the total aggregate Royalty Advance Payments.

  • The Royalty Advance shall be applied towards the Royalty otherwise due and payable in accordance with s.

  • In exchange therefore, Borrower is willing to execute and deliver to Lender a Note in the form of Exhibit "A" attached hereto and incorporated herein by this reference (the "Minimum Royalty Advance Note") and to grant to Lender certain security interests and otherwise comply with the terms of this Loan Agreement.

  • This Royalty Advance shall represent a non-refundable but recoupable advance against the royalty which cumulatively accrues and becomes payable during the Term of this Agreement.

  • If Schlumberger makes such election, the Royalty Advance and interest thereon shall be released to Schlumberger within two days after its execution and deposit into Escrow of a release of BCN's entire obligation to pay the BCN Royalties in a form approved in writing by Purchaser (a "Release").

  • All royalties shall first be credited against the Royalty Advance and no additional cash payments in respect of royalties shall be payable until the Royalty Advance has been fully depleted.

  • The terms "Customer," "Licensed Product" and "Royalty Advance" shall have the meanings ascribed to them in the Distributor Agreement.

  • As consideration for the execution of this Exploration and Exploitation Agreement, and in its case, as minimum royalty advance payments (“Minimum Royalty Advance Payment”) on the dates herein established, during the term of this Agreement, and while there is no production or it is not enough to cover the royalties, THE COMPANY will pay THE TITLEHOLDER the following amounts in US Dollars or its equivalent in Mexican Pesos, plus 15% of Value Added Tax.


More Definitions of Royalty Advance

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

  • SOFR Advance means an Advance that bears interest at a rate based on Term SOFR.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • 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 that bears interest at a rate based on clause (a) of the definition of Term SOFR.