Examples of Royalty Prepayment in a sentence
D-2 For the License Term, the Royalty Prepayment shall authorize Licensee to distribute, in compliance with the provisions of this Amendment and the Agreement, copies of the Program Licenses at the applicable Per Unit Fee for use with or incorporation into Licensee Products.
D-2 For the License Term, the Royalty Prepayment shall authorize Licensee to distribute, in compliance with the provisions of this Supplement XXII and the Agreement, copies of the Program Licenses at the applicable Per Unit Fee (as set forth in Section D-1) for use with or incorporation into Licensee Products.
To the extent any amounts due are to be offset against any prepayments of royalties that BGM shall have made but explicitly limited to the Royalty Prepayment provided in Section 2.03, BGM shall, in lieu of paying such amounts, send ACSB written notice of such offset.
The Royalty Prepayment Notice must set forth (I) the date on which the Company will pay the Royalty Prepayment Amount, which date must be at least fifteen (15) days but not more than twenty (20) days after the date on which the Company delivers such Royalty Prepayment Notice to each Purchaser, and (II) a detailed calculation of the Royalty Prepayment Amount.
ACSB hereby recognizes that BGM has previously made and ACSB has received a Royalty Prepayment of $[***] as provided in Section [***] of the Product License Agreement.
D-2-3 Prior to the end of the License Term, if the Royalty Prepayment has been exhausted by Licensee’s distribution of the Program Licenses, then for the remainder of the License Term, Licensee shall provide royalty reports to Phoenix, as set forth in Section 5.2 of the Agreement.
At Closing, subject to adjustment as provided in Section 2.2 and the offset of the Purchase Price as provided in Section 2.3, Chaco will pay to PNRC the "Advance Royalty Prepayment" in the amount of $163,402,961.00, which is the amount that the Parties agree is the net present value on September 30, 1998 of the future advance royalties payable under the Lease, calculated based on an interest rate of 8.1% per annum.
Licensee agrees to pay Phoenix the Royalty Prepayment and other fees in the aggregate amount of [***], in United States currency, for the licenses and services set forth in this Supplement XXI.
Licensee shall also pay the amount of $US1,111,000 as a Royalty Prepayment for Covered Subscriber Units sold on and after April 1, 1998.
Licensee agrees to pay Phoenix the Royalty Prepayment and other fees in the aggregate amount of [***] for the licenses and services set forth in this Supplement XXII.