Royalty Unit definition

Royalty Unit means any one of such Royalty Units;
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Royalty Unit means:
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Royalty Unit means a Royalty Unit created pursuant to this indenture and representing a fractional undivided interest in the Royalty;
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Examples of Royalty Unit in a sentence

  • The Royalty Units will have a price of $0.01 per Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • Royalty units During fiscal 2016 the Company issued Royalty Units with a price of $0.01 per Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • The Royalty Units had a price of $0.01 per Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • The Second Royalty Units will have a price of $0.01 per Second Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • In themonths leading up to the dismissal, the Government made no move to bring FA Cooley to trial for an additional charge of child pornography or even investigate the letter.When the Government preferred the first charges on February 19, 2013, it already had proof FA Cooley possessed child pornography from his detailed confession, the October 1, 2012 disk sent to SA Renkes containing the suspected child pornography, and the January Electronic Crimes Section (ECS) report.

  • The Royalty Units will have a price of$0.01 per Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • The Third Royalty Units will have a price of $0.01 per Third Royalty Unit, and, subject to written consent of the Company, may be assigned or transferred in their entirety only.

  • The phrase ‘‘under the provisions of the manufacturing drawback law’’ will remain in section 190.31(c) because it is necessary to clarify that, under no circumstances, will a drawback claimant qualify for unused merchandise drawback if any operation or combination of operations rises to the level of a manufacture or production, regardless of whether those operations are listed in 19 U.S.C.1313(j)(3).

  • Royalty units During fiscal 2016 the Company issued Royalty Units with a price of $0.01 per Royalty Unit, and, subject to written consent of the Company, could be assigned or transferred in their entirety only.

  • The holding of the Holder’s Royalty Unit does not constitute the Holder a shareholder of the Manager or Parent, nor entitle the Holder to any right or interest in respect thereof, except that Holder shall be entitled to receive to receive notice of and to attend any meeting of the shareholders of Parent, but shall not be entitled to vote at any such meeting.


More Definitions of Royalty Unit

Royalty Unit. A "Royalty Unit" is an amount of Licensed Product equal to a one month supply based on the daily suggested use or an equivalent amount. An example of a Royalty Unit is a sixty (60) count bottle or blister pack where two (2) counts are suggested for daily use.
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Royalty Unit has the meaning given to that term in the Recitals to this Agreement;
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Royalty Unit means each individual copy of the End User Object Code, in whole or in part, distributed, incorporated in, or packaged with an OEM Sublicensee Integrated PC/Server Product or OEM Sublicensee Upgrade Product. Royalty Units specifically exclude copies of End User Object Code as set forth in Section 7.1.1.
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Related to Royalty Unit

  • 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.

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

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

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

  • 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.

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • 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.

  • Net Sales means [***].

  • 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.

  • Royalty Interest is defined in Section 1.01.

  • 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;

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

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.

  • Net Smelter Returns means the gross proceeds received by the Purchaser in any year from the sale of Product from the mining operation on the Property, less:

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Net Smelter Return means the aggregate proceeds received by the Optionee from time to time from any smelter or other purchaser from the sale of any ores, concentrates, metals or any other material of commercial value produced by and from the Property after deducting from such proceeds the following charges only to the extent that they are not deducted by the smelter or other purchaser in computing the proceeds:

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • 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.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

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

  • Royalty Report shall have the meaning set forth in Section 7.1.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;