Agreement royalties 2025

See details

4.7 out of 5

56 votes

The document is a Credit Agreement between Southwest Royalties, Inc. as the Borrower and Bank One, Texas, N.A. along with other financial institutions as Lenders. It outlines the terms of a revolving loan facility of up to $50 million, detailing definitions, commitments of lenders, procedures for borrowing, interest rates, collateral security, representations and warranties, affirmative and negative covenants, events of default, and conditions for lending. The agreement emphasizes compliance with laws and regulations while establishing the rights and responsibilities of both parties involved in the loan transaction.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out agreement royalties with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the agreement royalties document in the editor.
Begin by reviewing the 'Definitions' section to understand key terms used throughout the document. This will help you accurately fill out subsequent sections.
In the 'Commitment of the Lenders' section, specify the amounts and terms of commitment as required. Ensure that all fields are filled out clearly to avoid any misunderstandings.
Proceed to 'Notes Evidencing Loans' where you will need to input details regarding interest rates and payment schedules. Make sure these align with your financial capabilities.
Complete the 'Interest Rates' section by selecting your preferred options for loans, ensuring they meet your financial strategy.
Review and fill out any additional sections such as 'Collateral Security' and 'Borrowing Base', providing accurate information about assets and liabilities.
Finally, ensure all signatures are included in the designated areas before submitting or sharing the completed document for approval.

Start using our platform today for free to streamline your agreement royalties process!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a royalties agreement?

Book royalties: Paid to authors by publishers. Typically, the author will receive an agreed amount for every book sold. Performance royalties: The owner of copyrighted music receives an amount whenever the music or song is played, used in a movie, or otherwise used by a third party.

Are royalty agreements an asset?

Unlike other investment options, royalties provide a mechanism for investors to obtain a return that is directly proportional to company revenue, while allowing business owners to remain in full control of company governance and strategy.

How does a royalty agreement work?

A royalty deal is when an investor gives funds to a company, not the individual, in exchange for a certain percentage of total sales. For example, an investor invests in a clothing company and receives 5% of gross sales. This means the investor earns $2.50 on every $50 shirt sold.

What are the two types of royalties?

A 5% royalty means that the recipient will earn 5% of the revenue generated from sales. For example, if a book sells for $20 and 100 copies are sold, the total revenue is $2,000. The royalty payment at a 5% rate would be: Royalty Payment=$20000.05=$100.

What is an example of a royalty deal?

Understanding Royalties and Licensing Agreements A royalty is a payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset. These assets can be intellectual property such as a book, a song, a patent, or a trademark, or access to a natural resource.

Try more PDF tools