Royalty Income definition

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 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, 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

  • Excluding the Japan Royalty Income Withholding Tax, any such taxes which are otherwise imposed on payments to Wink shall be the sole responsibility of Toshiba.

  • Rio Tinto sold its 19% interest in the Labrador Iron Ore Royalty Income Fund on 23 March 2005.

  • The Mexco Energy Corporation Minor and Royalty Income Streams were declined at ten percent (10%) per year.

  • During the time any such proceeding or any appeal thereof is pending, no Royalty Income shall be payable under Section 3.1 in the country in which such proceeding is pending.

  • Royalty Income Any royalty payment (excluding value added tax) obtained by, or due to, the Licensee or its Affiliates, in relation to the sub-licensing (including the grant of any option over a sub-license) of any of the Patents.


More Definitions of Royalty Income

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
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 has the meaning attributed thereto in the Royalty Indenture;
Royalty Income means our income from our royalties in oil, natural gas, NGL and potash resources. "Royalty Lands" means our lands from which we derive Royalty Income.
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.