State royalties definition

State royalties means any royalty payable to the State in terms of an Act of Parliament;
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Examples of State royalties in a sentence

  • Hundreds of millions of dollars will be paid in State royalties and Federal direct taxes and many millions more in personal income taxes from the permanent labour force.

  • LESSEE shall be liable for the loss of any of said materials and/or minerals resulting from theft and shall pay the State royalties thereon as provided in this lease on all leased minerals lost by reason of theft.

  • Except as otherwise provided in clause 12(9) the Company shall pay to the State royalties on all minerals obtained from Agreement Mining Tenements as may from time to time be prescribed under or pursuant to the Mining Act or the regulations made thereunder.

  • In the event that State royalties are increased in the future, the profitability and commercial viability of the company’s projects may be negatively impacted.

  • Mineral and Petroleum Titles Registration Office within 60 days after the right has become effective.’’;(g) subject to section 20 and in terms of any relevant law, pay the State royalties in respect of any mineral removed and disposed of during 5 the course of prospecting operations.

  • The Company’s gold mining projects may be subject to State royalties.

  • If State royalties rise, the profitability and commercial viability of the Company's projects may be negatively impacted.

  • State royalties and severance taxes were summarized by the General Accounting Office in a 2008 study.

  • This would directly increase Western Australia’s reliance on Commonwealth grants, with the State being exposed to future cuts and increased conditionality on those grants.Over time, the increase in compliance costs under the dual tax/royalty regime proposed by the Commonwealth could be expected to bring industry pressure to bear on State royalties.

  • These competitors are usually relevant for the midscale and upscale segments, with hotels between 3 and 5 stars.

Related to State royalties

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

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

  • 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.

  • 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.

  • 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 Payment has the meaning set forth in Section 6.1.

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

  • 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.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

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

  • Royalty Rate means the percentage defined in Exhibit B.

  • Sublicense Revenues means [***].

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

  • 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 [***].

  • Sublicense Revenue means [***].

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

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • 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.

  • Licensing state means any state with regulations equivalent to the suggested state regulations for control of radiation relating to, and an effective program for, the regulatory control of NARM and which has been granted final designation by the Conference of Radiation Control Program Directors, Inc.

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

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • License year means the period of time for which a