Royalty Payer definition

Royalty Payer means “2146281 Ontario”, as defined in the Agreement, its successors and assigns. Capitalized terms which are not specifically defined in this Schedule shall have the meaning given to them in the Agreement.
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Royalty Payer means the party obligated to pay a royalty pursuant to the Agreement. Capitalized terms which are not specifically defined in this Schedule shall have the meaning given to them in the Agreement.
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Royalty Payer means “Xxxxxxxx”, as defined in the Agreement. Capitalized terms which are not specifically defined in this Schedule shall have the meaning given to them in the Agreement.
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Examples of Royalty Payer in a sentence

  • Detailed records shall be kept by Royalty Payer showing measures, moisture, assays of metal, commercial and other appropriate content and penalty substances, and gross metal content of the Products.

  • The Royalty Holder, upon written notice to the Royalty Payer shall have the right to have an independent firm of chartered accountants audit the records that relate to the calculation of the Royalty Interest within twenty-four (24) months after receipt of each payment described in this Schedule.

  • Representative samples of the Products shall be retained by the Royalty Payer and assays (including penalty substances) and other appropriate analyses of these samples shall be made before commingling to determine metal, commercial minerals and other appropriate content.

  • From this information, Royalty Payer shall determine the amount payable to Royalty Holder from Products from the Claims commingled with ores and minerals from other properties.

  • For each Fiscal Period, Royalty Payer shall pay Royalty Holder the Royalty Interest specified by the Agreement, calculated and paid in accordance with this Schedule.

  • Call the team responsible for the “Supra” business associate (Royalty Payer).

  • If the data is accepted, IOGC’s RIMS database is automatically updated.1.1.2 System ConceptThe following graphic shows a high level, conceptual view of the electronic submission system: General info about IOGC, royalty process, bulletins, newsletters, etc.Lessee/ RoyaltyPayer LogFor of Submissions Royalty Payer IDIOGC Website Users authorized by Royalty Payors are able to log in to a secure area of IOGC’s website to access electronic business services, including royalty data submission.

  • The Royalty Holder, upon written notice to the Royalty Payer shall have the right to have an independent firm of chartered accountants audit the records that related to the calculation of the Royalty Interest with twenty-for (24) months after receipt of each payment described in this Schedule.

  • The Royalty Payer will have the right to market and sell refined metals and other Products in any manner it may elect, and will have the right to engage in forward sales, futures trading or commodity options trading and other price hedging, price protection, and speculative arrangements ("trading activities") which may involve the possible physical delivery of Products.

  • In the event that the Royalty Payr engages in trading activities, the Net Smelter Returns Royalty will be determined qn the basis of the value of Products produced and without regard to the price or proceeds actually received by the Royalty Payer, for or in connection with the sale, or the manner in which a sale to a third party is made by the Royalty Payer.


More Definitions of Royalty Payer

Royalty Payer means a person who owns a working interest;
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Royalty Payer means the party obliged to pay a royalty pursuant to the Agreement,
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Related to Royalty Payer

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Royalty Report has the meaning set forth in Section 6.3(a).

  • Sublicense Revenue means [***].

  • Net Sales means [***].

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sublicense Revenues means [***].

  • Royalty Rate means the percentage defined in Exhibit B.

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Gross Profits means the gross profits calculated under section 4;