Examples of Net Receipts in a sentence
Soundscape shall be entitled to retain, for its own account, all Net Receipts less all amounts payable to Composer pursuant to Section 3(2).
The Licensee shall pay the RPO royalties, in accordance with Clause 5, on any damages received from such action as if the amount of such damages after deduction of both Parties’ reasonable expenses in relation to the action were Net Receipts.
Where the Licensee accepts Net Receipts in the form of shares in a sub-licensee or other non-monetary receipts, the Licensee shall pay the royalty due under this Agreement to the RPO on such Net Receipts by determining the equivalent cash value of such shares or other non-monetary receipts.
For festival bookings generating a Rental Fee, Company will receive fifty percent (50%) of “Film Rental Net Receipts” (as defined below) and The Film Collaborative’s share will be fifty percent (50%) of Film Rental Net Receipts.
InStyle shall deliver to Composer a statement of all Net Receipts and all amounts due to Composer, on at least a semi-annual basis, together with payment of all such amounts, if any, due to Composer for the reporting period in question.