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LSDefine

Simple English definitions for legal terms

leaseholder royalty

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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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[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
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