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Simple English definitions for legal terms

leaseholder royalty

Read a random definition: droit écrit

A quick definition of leaseholder royalty:

A leaseholder royalty is a payment made by someone who is renting land to the owner of the land. This payment is similar to a landowner's royalty, which is paid by someone who is using the land for other purposes, such as mining or drilling. The leaseholder royalty is usually set at an agreed-upon price, and it is meant to compensate the landowner for the use of their property. This type of royalty is important because it helps ensure that landowners are fairly compensated for the use of their land, and it helps encourage responsible use of natural resources.

A more thorough explanation:

Leaseholder royalty is a payment made by a tenant to the owner of a property for the right to use that property. This is similar to landowner's royalty, which is paid by someone who wants to extract resources from the land.

For example, if a business wants to rent a storefront, they would pay a leaseholder royalty to the owner of the building. This payment gives them the right to use the space for their business.

Leaseholder royalty is different from established royalty, which is a set price that has been agreed upon. In cases where there is no established royalty, a court will determine what a reasonable royalty would be.

Reasonable royalty is the amount that a licensee would be willing to pay the holder of the intellectual property rights while still making a reasonable profit from its use. This standard is often used to determine damages in cases of patent, copyright, or trademark infringement, or for misappropriation of trade secrets.

For example, if a company is found to have infringed on a patent, they may be required to pay a reasonable royalty to the patent holder as compensation for their use of the patented technology.

Overall, leaseholder royalty is a payment made by a tenant to the owner of a property for the right to use that property, while reasonable royalty is the amount that a licensee would be willing to pay the holder of intellectual property rights for the use of that property.

lease for years | leasehold improvements

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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