Αποτελέσματα Αναζήτησης
In connection with the Credit Agreement, the Borrower entered into a royalty agreement (the “ Royalty Agreement ”, as amended the “Amended Royalty Agreement) with Royalty Opportunities S.A.R.L. (“ROS”) which entitles ROS to receive royalty payments.
A royalty agreement is a contract that grants a licensee the right to use, create, distribute, or sell a licensor's product, service, or intellectual property. The licensee agrees to pay the licensor a certain proportion or quantity of money earned by the licensed asset in exchange for this privilege.
A well-structured royalty agreement necessitates thorough consideration of several legal components to establish a sustainable partnership between licensors and licensees. Defining royalty rates and terms, including payment schedules and adjustment clauses, is vital.
Many contracts, especially in publishing, provide for twice yearly accounting periods, and for payment of royalties within a certain time from the close of each accounting period. You should receive a royalty statement and check twice a year, too.
3 Ιουλ 2024 · A royalty agreement is a legal contract between two parties, where one party (the licensor) grants another party (the licensee) the right to use intellectual property in exchange for compensation, typically in the form of royalties.
Defining the Scope of the Royalty Agreement. Identify what royalties are and who is entitled to them; Research and analyze applicable laws and regulations; Determine what types of rights are included in the royalty agreement, such as copyright, trademark, and licensing rights; Clarify how royalties are calculated and how they should be paid out
A royalty agreement is a legal contract that supervises the use of intellectual property or other assets in exchange for a certain amount of royalty payments between two parties, often called a licensor and a licensee. Particular components of a royalty agreement differ on the nature of the royalty agreement and the parties involved in it.
