[lemma=royalty] [□=□]
[lemma=royalty] [lemma=□]
U.S. Code , provides an instance in which royalty payments may be reduced if the digital audio recording device and such other devices are part of a physically integrated unit , the royalty payment shall be based on the transfer price of the unit , but shall be reduced by any royalty payment made on any digital audio recording device included within the unit that was not first distributed in combination with the unit . Knowing this will also help the sound creator offer solutions based on the budget and can make payment options more flexible ( e.g ., payment up front , payment at milestones , a royalty payment structure , and even barter agreements ) . Because the oil companies are undervaluing their royalty payment , the taxpayers are losing at least $ 66 million every year . The DART Coalition also suggested clarification with regard to products subject to Statements of Account and royalty payment obligations : except for `` credits for returns and exported merchandise and subsequent obligations with respect to products for which credits have been claimed , '' the obligation should apply only to units first distributed in the United States during the appropriate filing period . Carriage of a superstation that is a low power television station within the station 's local market , but outside of the 35-mile or 20-mile radius described in the preceding sentence , shall be subject to royalty payments under subsection ( b ) ( 1 ) ( B ) . Additions to assets that do not increase any liability and do not represent the recovery of an expenditure ( Examples : gifts , investment income , sales revenues , conference registration fees , royalty payments ) . A royalty is typically specified in a license agreement , where the owner conveys to a company or individual the right to operate under the patent in exchange for royalty payments based on a negotiated percentage of sales or other distribution of the patented item or use of a patented process . Make royalty payments , accompanied by a Monthly Statement of Account , to the copyright owner on or before the 20th day of each month for every phonorecord made and distributed in accordance with the license . The accounting period , number of statements of account , type of royalty payment ( cable , satellite , or DART ) , and legal name of the owner of the cable system ( and fi rst community and state served from one statement of account ) , satellite carrier , or the DART manufacturer or importer covered by the electronic transfer must be provided here . Secretary of State ( see attached list ) must be approved and royalty payments established through the Office of Trademark and Licensing .