Royalty Income definition

Royalty Income means payments linked to product sales, or the written contractual right to receive future royalties, directly or indirectly, under an issued or pending patent, license or copyright, that has been received in the past calendar year or is expected to be received in the current or next calendar year. For the purpose of this Policy, Royalty Income includes all income received by an Investigator from NYU in accordance with the NYU’s intellectual property policies, including its Statement of Policy on Intellectual Property.
Royalty Income means any income (after deduction of any taxes imposed directly on such income) from sales of organic semiconductors obtained by Covion or any Covion Licensee from the licensing to any third party (i.e. an entity which is not a Covion Licensee) of any patent owned at any time by Covion for an invention covered by Clause 7.5 of this Agreement or any know-how owned at any time by Covion for an invention which is considered to be equivalent to a patent in certain countries pursuant to Clause 7.5 of this Agreement.
Royalty Income means, in respect of a period, the amount by which the Royalty Revenues that accrue in such period exceed the Permitted Royalty Deductions that accrue in such period;

Examples of Royalty Income in a sentence

  • On October 1, 2004, SIR Royalty Income Fund (the Fund) filed a final prospectus for a public offering of units of the Fund.

  • SIR Royalty Income Fund (the Fund) is a trust established on August 23, 2004 under the laws of the Province of Ontario, Canada.On October 1, 2004, the Fund filed a final prospectus for a public offering of units of the Fund.

  • U.S. Interest, Dividend and Royalty Income, Not Including Capital GainsAdd U.S. Form 1065, Schedule K, lines 5, 6a and 7 and enter the total in line 27.Line 28.

  • Net Royalty Income gross royalty income less costs incurred by the inventor(s)/author(s), the University, and any third party commercializing the product, including securing legal protection and licensing.

  • Gross Royalty Income gross revenue resulting from a given Intellectual Property.


More Definitions of Royalty Income

Royalty Income. All amounts collected by any collecting society, authors' rights organization, performing rights society or governmental agency that are payable to authors, producers, performers or other Persons and that arise from royalties, compulsory licenses, cable retransmission income, music performance royalties, tax rebates, exhibition surcharges, levies on blank Videograms or hardware, rental or lending royalties, or the like, will as between Licensor and Distributor be the sole property of Licensor and will not be included in or credited to any Gross Receipts. Licensor has the sole right to apply for and collect all these amounts. If any of them are paid to Distributor then Distributor will immediately remit them to Licensor with an appropriate statement identifying the payment.
Royalty Income means the aggregate of any Special Distribution and Gross Revenue less, without duplication, the aggregate of the following amounts:
Royalty Income means any royalty income derived from any license, development and/or marketing agreement for Products between Merz and any Marketing Partner as contemplated in this Agreement; provided, however, that “Royalty Income” shall not include any revenues from the supply and sale of Compound to any such Marketing Partner as set forth in Article 9 hereof, and shall not include any down-payments, lump-sum payments and/or milestone payments as specified in Article 8.5 hereof.
Royalty Income means any royalty income, licensing income or other proceeds (e.g., payments linked to product sales or other usage and milestone payments), or the written contractual right to receive future royalties, licensing income or other proceeds, directly or indirectly, under a pending or issued patent, license, copyright or other property right, and includes, for purpose of this policy, all income received by the person from the College in accordance with the College’s intellectual property policies, including its Statement of Policy on Patents.
Royalty Income means any royalty income, licensing income or other proceeds (e.g., payments linked to product sales or other usage and milestone payments), or the written contractual right to receive future royalties, licensing income or other proceeds, directly or indirectly, under a pending
Royalty Income means royalty payments, received by either Party or its Affiliates from a Third Party under the terms and conditions of an Out-License Agreement, which, for the purpose of clarification, shall include payments calculated on the basis of Net Sales generated in connection with such Out-License Agreement.
Royalty Income means ‘Royalty Income’ as defined in the POT Royalty Agreement and any similar term describing net royalty proceeds or distributions under any other Royalty Agreement;