Examples of Total Royalty in a sentence
Total Royalty Interest is usually 12.5% (.125) of the production value.
The total consideration payable by Nova (the “Transaction Consideration”) will be calculated by adjusting the Total Royalty Price for the Royalty Portion on a pro rata basis.
Licensee shall pay to BP a royalty equal to Licensee’s volume-proportionate share of the Total Royalty Payments due to KGSI under the KGSI Agreement during any twelve (12) month period commencing on July 7 of each year, and ending on July 6 the following year (each, a “Reporting Year”).
USA $ $ $ $ $ # Xxxxxx # Xxxxxx: # # # # # # Xxxxx # Other: # # Sublicense #1 (name) # Sublicense #2 (name) # TOTAL: $ $ $ $ $ Total Royalty Due: $ The following royalty forecast is non-binding and for internal planning only: Royalty Forecast Under This Agreement: Qtr 1: Qtr 2: Qtr 3: Qtr 4: * On a separate page, please indicate the reasons for adjustments, if significant.
At least three (3) Business Days prior to the Closing Date, the Company shall deliver to Purchaser a copy of any audit adjustments proposed by the Auditor with respect to the reported Total Royalty Fees of $3,543,000 for the Business for the year ended December 31, 2017 (the “Royalty Fees”).