Examples of Adjusted gross receipts in a sentence
All receipts from all such merchandising licenses entered into by SPE on behalf of the LP shall be deposited into the LP's lockbox bank account under Section 11.b(i)(E) and shall be included in XX Xxxxx Receipts (and all Off-the-Top Deductions incurred in connection with such receipts shall be borne by the LP and deducted in computing LP Adjusted Gross Receipts) on the same basis as if the applicable license agreement were entered into pursuant to the procedures described in Section 11.b(i).
In determining LP Adjusted Gross Receipts, the Marvel LP Share and the SPE LP Share, there shall be no Distribution Fees of any kind deductible by or payable to either party.
With respect to each television series based on the Property Marvel will be entitled to 12.5% of 100% of Adjusted Gross Receipts (“AGR”).
Producer makes no representation or warranty with respect to Producer's efforts in connection with the distribution of the Picture or exploitation of subsidiary rights, or that such distribution or exploitation will result in any minimum amount of Gross Receipts, Adjusted Gross Receipts or Defined Proceeds.
Operator shall be entitled to retain, as compensation for its services during the term of this Operating Agreement, a Management Fee in an amount equal to 99% of the Adjusted Gross Receipts (as defined below) for each reporting period or portion thereof, during the term of this Operating Agreement.