Promotional Royalty Rate [Patents] Law and Legal Definition
According to 37 CFR 385.11 [Title 37 -- Patents, Trademarks, and Copyrights; Chapter III -- Copyright Royalty Board, Library of Congress; Subchapter E -- Rates and Terms for Statutory Licenses; Part 385 -- Rates and Terms for use of Musical Works Under Compulsory License for Making and Distributing of Physical and Digital Phonorecords; Subpart B -- Interactive Streaming, Other Incidental Digital Phonorecord Deliveries and Limited Downloads], the term promotional royalty rate means “the statutory royalty rate of zero in the case of certain promotional interactive streams and certain promotional limited downloads, as provided in § 385.14.”
