recoupable against royalties to Euro XX

22:35 Nov 27, 2006
English to German translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: recoupable against royalties to Euro XX
Es geht um einen Lizenzvertrag:
"The Company shall pay the Athlete forthwith a non-refundable fee but recoupable against royalties ***to*** Euro 30.000".

Ist damit gemeint, dass sich diese nicht erstattungsfähige, aber gegen die Lizenzgebühren aufzurechnende Gebühr auf € 30.000 beläuft, oder dass Sie in Höhe von 30.000 Euro auf die Lizenzgebühren anzurechnen ist???

Vielen Dank!!
Jutta Kirchner
Germany
Local time: 04:20


Summary of answers provided
4understanding
Dipl.-Ing. Robert Bach (X)
4s.u.
Klaus Urban


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
verständnis
understanding


Explanation:
The athlete gets the 30K now. This is not refundable.
However, royalties that would otherwise be paid to the athlete
are deducted from this 30K until that 30K is reach.
Thus the 30K can be recouped (recovered) by the Company.

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Note added at 10 mins (2006-11-27 22:45:33 GMT)
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corr: is reached.
Hope this helps. Otherwise get back to me.

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Note added at 11 mins (2006-11-27 22:46:35 GMT)
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Thereby the athlete is guarenteed of receiving at least 30K,
paid in advance, plus any royalties exceeding the 30K.

Dipl.-Ing. Robert Bach (X)
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
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7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
s.u.


Explanation:
eine Lizenzgebühr "von EUR xx", die nicht zurückgefordert werden kann, "gegen die aber anfallende Lizenzgebühren verrechnet werden können",
so daß die tatsächlichen Lizenzgebühren mindestens EUR 30,000 zuzüglich darüber hinausgehender Lizenzgebühren beträgt.

Klaus Urban
Local time: 04:20
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 199
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