Royalty Value definition

Royalty Value means the sum calculated in accordance with Article 51(3);
View Source
Royalty Value means the portion of the Purchase Price allocated by the parties to each of the Royalties as specified in Schedule C;
View Source
Royalty Value means the value ascribed to the Royalty Payments by a certified business valuator in accordance with Section 11;
View Source

Examples of Royalty Value in a sentence

  • If Inverness's Average Net Sales Price for that Product in that country during any calendar quarter during the Royalty Term for such country is *, then the royalty payable for each such Product Sold during such calendar quarter would be equal to the Minimum Royalty Value for such Product in such country plus *.

  • By way of example, if Inverness's Average Net Sales Price of a Product in a given country in any calendar quarter during the Royalty Term for such country is less than *, then the royalty payable for each such Product Sold during such calendar quarter would be equal to the Minimum Royalty Value for such Product in such country.

  • The total value of such pre-paid royalty (the "Prepaid Royalty Value") shall equal the purchase price of the shares of Preferred Stock so converted, plus all accumulated and unpaid dividends thereon.

  • The obligation to pay royalties to Albemarle pursuant to subpart (a) of this Section 2.04 shall terminate fifteen years from the Closing Date or when the Net Present Value of all royalties paid to Albemarle pursuant to subpart (a) of this Section 2.04 is equal to the Deemed Royalty Value, whichever is the first to occur.

  • The purchase price payable by the Vendor for the Affected Royalty (the “Affected Royalty Purchase Price”) shall be the amount of the Royalty Value for the Affected Royalty as shown in Schedule C hereto.


More Definitions of Royalty Value

Royalty Value means an amount equal to the aggregate of: (i) all amounts paid by Altius to Wolfden (including the purchase price consideration paid by Altius) in respect of the Pickett Mountain Royalty, minus (ii) all Escrowed Proceeds received by Altius, minus (iii) all other payments received by Altius in respect of the Pickett Mountain Royalty. The Common Share conversion price is the greater of: (i) $0.05 per Common Share; and (ii) the volume weighted average trading price of the Common Shares on the TSXV (or any other principal exchange on which the Common Shares are trading) for the twenty consecutive trading days immediately preceding the date of the exercise of the Conversion Right. Upon the exercise of the Conversion Right and satisfaction of the payment thereof by Wolfden, any remaining Escrowed Proceeds will be released to Wolfden.
View Source