Royalties - Law Dictionary Search Results
Home Dictionary Name: royaltiesRoyalty
Royalty, a payment reserved by the grantor of a patent, lease of a mine or similar right, and payable proportionately to the use made of the right by the grantee. It is usually a payment of money, but may be a payment in kind, that is, of part of the produce of the exercise of the right, Jowitt's Dictionary of English Law, 2nd End., p. 1595.In the legal world, is known as the equivalent or translation of jura 'regalia' or 'jura regia'. Royal rights and prerogatives of a sovereign are covered thereunder. In its secondary sense, the word 'royalty' would signify, as in mining leases, that part of the reddendum, variable thought, payable in cash or kind, for rights and privileges obtained, Inderjeet Singh Sial v. Karam Chand Thapar, (1995) 6 SCC 166.Royalty, is not a tax. Simply because the royalty is levied by reference to the quantity of the minerals produced and the impugned cess too is quantified by taking into consideration the same quantity of the mineral produced, the latter does no...
Dead rent and royalty
Dead rent and royalty, 'dead rent' is calculated on the basis of the, area leased while 'royalty' is calculated on the quantity of minerals extracted or removed. Thus, while dead rent is a fixed return to the lessor, royalty is a return which varies with the quantity of minerals extracted or removed. Since dead rent and royalty are both a return to the lessor in respect of the area leased looked at from one point of view dead rent can be described as the minimum guaranteed amount of royalty payable to the lessor but calculated on the basis of the area leased and not on the quantity of minerals extracted or removed, D.K. Trivedi v. State of Gujarat, AIR 1986 SC 1323 (1345): (1986) Supp SCC 20....
Royalty on mineral rights
Royalty on mineral rights, cess on royalty cannot be sustained under Entry 49 of List II as being a tax on land. Royalty on mineral rights is not a tax on land but a payment for the user of land, India Cement Ltd. v. State of Tamil Nadu, AIR 1990 SC 85: (1990) 1 SCC 12: (1989) Supp 1 SCR 692...
overriding royalty
overriding royalty : an interest in and royalty on the oil, gas, or minerals extracted from another's land that is carved out of the producer's working interest and is not tied to production costs compare royalty ...
Royalties
Royalties, means a royalty, in the sense in which the word is used in connection with mining leases, is a payment to the lessor proportionate to the amount of the demised mineral worked within a specific period, Halsbury's Laws of England, para 236....
royalty
royalty pl: -ties 1 : a right delegated (as to an individual or corporation) by a sovereign 2 a : a share of the profit or product reserved by the grantor esp. of an oil or mineral lease compare overriding royalty b : a payment made to an author or composer for each copy of a work sold or to an inventor for each article sold under a patent ...
Regalia
That which belongs to royalty Specifically a The rights and prerogatives of a king b Royal estates and revenues c Ensings symbols or paraphernalia of royalty...
Publisher of libellous matter
Publisher of libellous matter, is liable both civilly and criminally in respect of any such matter he may publish, and his civil liability exists even though the publication takes place without his knowledge. 'Not only the party who originally prints, but every party who sells, who gives, or who lends a copy of an offensive publication will be liable to be prosecuted as a publisher', R. v. Mary Carlile, (1819) 3 B&Ald P. 169, per Bayley, J. if the publisher of a book becomes bankrupt, an author to whom royalties are due is not in anymore favourable position than other creditors, and can only prove for the damages he has sustained by the breach of contract, Re Grant Richards, (1907) 2 KB 33.As to the duty of publishers to send a copy of every book published in the United Kingdom to the British Museum and other libraries, see Copyright Act, 1911 (1 & 2 Geo.5, c. 46), s. 15, and the British Museum Act, 1932 (22 & 23 Geo. 5, c. 34), also BRITISH MUSEUM....
franchise
franchise [Anglo-French, literally, freedom, liberty, from Middle French, from franchir to free, from Old French franc free] 1 : a special right or privilege granted by the government to an individual, group, or business entity: as a : a right to conduct a business and esp. to be and to exercise the powers of a corporation b : a right granted to a public utility company to provide services and to use public land for that purpose 2 : a constitutional or statutory right ;esp : the right to vote used with the [restricting them in employment, education, the , legal personality, and public accommodation "W. H. Burns"] 3 : a right or license that is granted to an individual or group to market a company's goods or services in a particular territory under the company's trademark, trade name, or service mark and that often involves the use of rules and procedures designed by the company and services (as advertising) and facilities provided by the company in return for fees, royalties, ...
Copyhold
Copyhold. Tenure in copyhold has been abolished under the (English) L.P. Acts, 1922 and 1925, and the Amending Acts of 1924 and 1926, but the greater part of the former title on this subject has been retained verbatim in view of the importance of the subject in examining titles. In the previous edition of this work, copyhold was described as a base tenure founded upon immemorial custom and usage; its origin is undiscoverable, but it is said to be the ancient villeinage modified and changed by the commutation of base services into specified rents, either in money or money's worth.A copyhold estate is a parcel of the demesnes of a manor held at the lord's will, and according to the custom of such manor. The tenant may have the same quantities of interest in this tenure as he may enjoy in freeholds, as an estate in fee-simple or (by particular custom) fee-tail, or for life, and he may have only a chattel interest of an estate for years in it. By the custom of some manors, the estate devol...
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