- published: 08 May 2009
- views: 28566
Royalties (sometimes, running royalties, or private sector taxes) are usage-based payments made by one party (the "licensee") to another (the "licensor") for the right to ongoing use of an asset, sometimes an intellectual property (IP). Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation. A royalty interest is the right to collect a stream of future royalty payments, often used in the oil and music industries to describe a percentage ownership of future production or revenues from a given leasehold, which may be divested from the original owner of the asset.
A license agreement defines the terms under which a resource or property such as petroleum, minerals, patents, trademarks, and copyrights are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise agreements have comparable provisions.[clarification needed]
Just push me out the way.
I'm not the one who's going to be your easy break.
This is my home, it was my everything.
Now that it's gone, I'm left here to say:
Just let it go,
be strong, stand up to it and make it happen
You better know.
I couldn't be
the one to finally embrace my fear.
You're in the clear.
Just let it go, I need a barrier.
You need someone to push down.
You need to bury this.
Put it six feet in the ground.
I think therefore I am just a feeble hearted man.
I am not your god, where did we go wrong.
This is not your home. It belongs to me.
This is not your place. I won't set it free.
I won't set it free.
This is not your home. It belongs to me.
This is not your place. I won't set it free.
I'll take it back, don't underestimate me.
You better be waiting 'cause I will be coming for you.
This is not our fate.
You're risking everything.
I won't sit here alone.
For me, just let this go.
Just let it go,
be strong, stand up to it and make it happen
You better know.
I couldn't be
the one to finally embrace my fear.
You're in the clear.
I won't set it free.
Come on.