Create a bespoke document in minutes, Â 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 Loan Agreement
"I need a Royalty Loan Agreement for a Canadian software company seeking $2 million in growth capital, with royalty payments of 3% of monthly recurring revenue and additional provisions for early repayment if we achieve an IPO by March 2025."
1. Parties: Identification of the lender and borrower with full legal names and addresses
2. Background: Context of the agreement, including the purpose of the loan and basis for royalty calculations
3. Definitions: Key terms used throughout the agreement, including financial terms, calculation periods, and relevant business metrics
4. Loan Amount and Disbursement: Details of the principal amount and how/when it will be advanced to the borrower
5. Royalty Calculations: Formula and methodology for calculating royalty payments, including the base metrics and percentages
6. Payment Terms: Timing and method of royalty payments, including minimum payments if applicable
7. Representations and Warranties: Standard and specific assertions about the business, financial condition, and authority to enter the agreement
8. Covenants: Ongoing obligations of the borrower, including financial reporting and business operation requirements
9. Events of Default: Circumstances that constitute default and consequences thereof
10. Information Rights: Lender's rights to receive financial and operational information to verify royalty calculations
11. Term and Termination: Duration of the agreement and circumstances for early termination
12. Governing Law and Jurisdiction: Specification of Canadian law as governing law and jurisdiction for disputes
1. Security Interest: Include when the loan is secured by specific assets or intellectual property
2. Intellectual Property Rights: Required when royalties are calculated based on IP-derived revenue
3. Change of Control: Include when restrictions on ownership changes are needed
4. Minimum Guarantee: When there's a minimum royalty payment requirement regardless of actual revenues
5. Exit Events: Include provisions for early repayment or adjustment of terms upon sale or IPO
6. Parent Company Guarantee: When additional security through parent company backing is required
7. Environmental Compliance: For businesses where environmental regulations are significant
8. Insurance Requirements: When specific insurance coverage is required to protect the revenue stream
1. Schedule A - Royalty Calculation Methodology: Detailed explanation of how royalties are calculated, including examples
2. Schedule B - Financial Reporting Requirements: Templates and specifications for required financial reports
3. Schedule C - Permitted Liens: List of pre-existing or permitted encumbrances on assets
4. Schedule D - Revenue Definitions: Detailed breakdown of what constitutes revenue for royalty calculations
5. Schedule E - Key Performance Indicators: Specific metrics to be tracked and reported
6. Appendix 1 - Form of Compliance Certificate: Template for periodic compliance certification
7. Appendix 2 - Payment Schedule: Template for tracking and recording royalty payments
8. Appendix 3 - Security Documentation: Forms and details of any security arrangements
Authors
Technology
Manufacturing
Media and Entertainment
Healthcare
Biotechnology
Mining and Resources
Renewable Energy
Software and SaaS
Consumer Products
Food and Beverage
Real Estate
Agricultural Technology
Pharmaceuticals
Digital Media
Gaming
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Development
Business Development
Executive Leadership
Accounting
Investment
Corporate Governance
Operations
Chief Financial Officer
Finance Director
Corporate Lawyer
Investment Manager
Treasury Manager
Financial Controller
Business Development Director
Chief Executive Officer
Commercial Director
Risk Manager
Corporate Secretary
Legal Counsel
Compliance Officer
Account Manager
Investment Analyst
Find the exact document you need
Cash Management Agreement With Financial Institutions
A Canadian-law governed agreement establishing terms for cash management services between a financial institution and corporate client.
Legal Financial Agreement Between Two Parties
Canadian-compliant financial agreement template establishing legal and financial obligations between two contracting parties.
Finance Lease Agreement
A Canadian law-governed agreement establishing terms for a finance lease arrangement, including payment terms, maintenance obligations, and security interests under PPSA.
Debt Agreement Loans
A Canadian-law governed agreement establishing the terms and conditions for a loan between a lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
Contract For Personal Loan
A Canadian-law governed agreement establishing terms and conditions for a personal loan, including loan amount, interest rate, and repayment terms.
Bridge Facility Agreement
A Canadian-law governed temporary financing arrangement providing interim funding until permanent financing can be secured, subject to federal and provincial banking regulations.
Lease Purchase Agreement Car
A Canadian legal agreement establishing terms for vehicle leasing with a purchase option, combining lease and sale elements under Canadian provincial and federal regulations.
Jewelry Loan Agreement
A Canadian-law governed agreement establishing terms for a loan secured by jewelry collateral, including security interests, loan terms, and collateral handling provisions.
Forbearance Agreement Loan
A Canadian legal agreement where a lender agrees to temporarily postpone enforcement actions against a defaulted borrower, subject to specific conditions and modifications of the original loan terms.
Royalty Loan Agreement
A Canadian-law governed agreement combining loan financing with revenue-based royalty payments, establishing terms for capital provision and ongoing revenue-share payments.
Subordinate Loan Agreement
A Canadian-law governed agreement establishing terms for a subordinated loan, ranking junior to the borrower's senior debt obligations.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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 for more details and real-time security updates.
Read our Privacy Policy.