Calculation of TMR Payment Amount Sample Clauses

Calculation of TMR Payment Amount. At the end of each successive Contract Year commencing on the Launch Date, the "Average Rating" for each such Contract Year shall be determined by taking the average of Station's television ratings (adults 18-49) for the prior November, February, and May sweeps periods of such Contract Year as reported on the Nielxxx Xxxtion Index ("NSI"), as processed, refined, re-formatted or re-configured by that application commonly known as the "SNAP System," but only with respect to those prime time hours programmed by WB under the Agreement. Based on the Station's Average Rating for each Contract Year and the number of hours programmed by WB in that Year, Station shall owe WB the amount (the "TMR Amount") set forth in the table attached hereto as the Annual Ratings Payment Exhibit Table. For example, in the particular case of Station, if the adults 18-49 rating for WB programmed hours is 1.0 for a particular Contract Year, and WB is programming 15 hours per week during such Year, then the TMR payment that will be due and owing for such Year is $9,057. In the event that either Station or WB contends that the TMR Payment for any particular Contract Year, as set forth in the Annual Ratings Payment Exhibit Table, is not an accurate statement of the twenty-five percent (25%) share of the added value and/or profitability during WB programmed prime time hours that Station owes to WB, or if the TMR Payment for any particular Contract Year has increased or decreased from the prior year's TMR Payment disproportionately in comparison to the increase or decrease over such period in the profitability of Station's WB furnished prime time programming (after giving effect to any increase in the number of WB prime time programming hours between the two periods), then either WB or Station may request that the Station's financial results and operational information be audited and reviewed by WB and the result of such audit shall determine the level of the TMR Payment for the given period. Promptly after such audit and review, WB and Station shall meet to discuss such financial results and operational information of Station and in good faith adjust the then currently due TMR Payment to reflect the result of the audit and the intent of these Payments as set forth in the introductory paragraph to this Exhibit.
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Related to Calculation of TMR Payment Amount

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

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  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Agreement Amount The Grantee acknowledges and agrees that, notwithstanding any other provision of this Agreement, the maximum amount payable by the City under this Agreement for the initial ## month term shall not exceed the amount approved by City Council, which is $ (dollar amount), and $ (dollar amount) per ## month extension option, for a total Agreement amount of $ . Continuation of the Agreement beyond the initial ## months is specifically contingent upon the availability and allocation of funding, and authorization by City Council.

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