Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Royalty Purchase Agreement
"I need a Royalty Purchase Agreement under Belgian law for my pharmaceutical company to sell future royalty rights from a patent-protected drug to an investment fund, with quarterly payments starting March 2025 and including audit rights."
1. Parties: Identification of the seller (royalty owner) and purchaser, including full legal names and addresses
2. Background: Context of the transaction, description of the royalty rights, and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms including 'Royalty Rights', 'Purchased Assets', 'Revenue', and interpretation rules
4. Sale and Purchase: Core transaction terms, including what is being sold and purchased
5. Purchase Price and Payment: Purchase price, payment terms, method of payment, and any adjustments
6. Completion: Timing and mechanics of closing the transaction
7. Seller's Representations and Warranties: Warranties about ownership, validity of rights, no encumbrances, etc.
8. Purchaser's Representations and Warranties: Basic warranties about capacity to contract and payment ability
9. Covenants: Ongoing obligations of both parties
10. Tax Matters: Tax responsibilities, withholding requirements, and VAT treatment
11. Confidentiality: Protection of confidential information exchanged
12. Term and Termination: Duration of agreement and termination rights
13. Governing Law and Jurisdiction: Belgian law as governing law and jurisdiction provisions
14. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Security Arrangements: Used when additional security is required for the payment obligations
2. Anti-corruption Compliance: Required for international transactions or when dealing with regulated industries
3. Currency Conversion: Needed when royalties are paid in multiple currencies
4. Audit Rights: Important when royalty calculations are complex or based on third-party revenues
5. Data Protection: Required when personal data processing is involved
6. Competition Law Compliance: Needed when the agreement might raise competition law concerns
7. Step-in Rights: Used when purchaser needs rights to protect the royalty stream
1. Schedule 1 - Description of Royalty Rights: Detailed description of the royalty rights being purchased
2. Schedule 2 - Calculation of Royalties: Formula and methodology for calculating royalty payments
3. Schedule 3 - Underlying Agreements: List and copies of agreements generating the royalty stream
4. Schedule 4 - Completion Requirements: List of documents and actions required for completion
5. Schedule 5 - Form of Transfer Documents: Template documents for transferring the royalty rights
6. Schedule 6 - Historical Royalty Payments: Record of past royalty payments and calculations
7. Appendix A - Power of Attorney: If required for executing certain rights
8. Appendix B - Payment Instructions: Banking and payment details for royalty transfers
Authors
Agreement
Applicable Law
Business Day
Completion
Completion Date
Confidential Information
Distribution Agreement
Effective Date
Encumbrance
Event of Default
Excluded Rights
Financial Year
Force Majeure
Governmental Authority
Gross Revenue
Intellectual Property Rights
Licensed Rights
Material Adverse Effect
Net Revenue
Payment Date
Payment Period
Permitted Encumbrance
Purchase Price
Purchased Assets
Purchaser
Qualifying Revenue
Quarter
Reporting Period
Revenue
Royalty
Royalty Calculation
Royalty Payment
Royalty Period
Royalty Rate
Royalty Rights
Schedules
Security Interest
Seller
Taxes
Term
Territory
Transaction Documents
Transfer
Underlying Agreement
Working Day
Sale and Purchase
Purchase Price
Payment Terms
Calculation of Royalties
Completion
Conditions Precedent
Seller's Representations and Warranties
Purchaser's Representations and Warranties
Title and Risk
Security Interest
Tax Matters
Withholding Tax
VAT
Covenants
Information Rights
Audit Rights
Confidentiality
Data Protection
Anti-Money Laundering
Competition Law Compliance
Force Majeure
Term
Termination
Assignment
Change of Control
Notices
Further Assurance
Costs
Amendments
Waiver
Severability
Entire Agreement
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Entertainment
Media
Publishing
Technology
Pharmaceuticals
Biotechnology
Mining
Oil and Gas
Financial Services
Music Industry
Software and Gaming
Manufacturing
Research and Development
Fashion and Luxury Goods
Legal
Finance
Intellectual Property
Business Development
Treasury
Tax
Risk Management
Commercial
Compliance
Corporate Development
Legal Counsel
Intellectual Property Lawyer
Finance Director
Business Development Manager
Licensing Manager
Investment Manager
Royalty Administrator
Contract Manager
Tax Director
Chief Financial Officer
Chief Legal Officer
Intellectual Property Director
Commercial Director
Treasury Manager
Risk Manager
Find the exact document you need
Perpetual Royalty License
A Belgian law-governed agreement granting perpetual IP rights in exchange for ongoing royalty payments.
Non Exclusive Royalty License
A Belgian law-governed non-exclusive license agreement establishing terms for IP licensing with royalty payments.
Royalty Bearing License
A Belgian law agreement granting intellectual property rights in exchange for royalty payments, establishing usage terms and payment obligations.
Royalty Contract
A Belgian law-governed agreement establishing terms for royalty payments in exchange for intellectual property or asset usage rights.
Royalty Agreement Contract
A Belgian law-governed agreement establishing terms for intellectual property licensing and royalty payments, including calculation methods, reporting requirements, and compliance with EU regulations.
Software Royalty Agreement
Belgian law-governed agreement establishing software licensing terms and royalty payment structures between software owners and licensees.
Music Royalty Contract
A Belgian law-governed agreement establishing terms for music royalty payments, rights management, and revenue distribution between rights holders and licensees.
Royalty Purchase Agreement
A Belgian law-governed agreement for the sale and purchase of royalty rights, transferring future royalty payments from a rights holder to a purchaser.
Royalty License Agreement
Belgian law-governed agreement for licensing intellectual property rights in exchange for royalty payments.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.