Common use of From Licensee Clause in Contracts

From Licensee. Aggregate Net Advertising Receipts will be ------------- calculated by Licensee on a quarterly basis. Licensee will provide reasonably detailed accounting statements to Telemundo for each such quarter (or portion thereof), not later than forty- five (45) days after the end of the applicable quarter, setting forth Licensee's calculation of the Aggregate Net Advertising Receipts for such quarter and accompanied by any payment of Telemundo's share of Aggregate Net Advertising Receipts then due and owing hereunder; in addition, such accounting statement shall be accompanied by a separate payment equal to Telemundo's Reimbursable Costs for the applicable quarter (as reported by Telemundo pursuant to Paragraph 2.(f)(1) above). Payment of Telemundo's share of the Aggregate Net Advertising Receipts in a given quarter shall, however, be reduced by an amount equal to the Included Network Receipts for such quarter being retained by Telemundo pursuant to the last sentence of Paragraph 2.(f)(1) above. If, in any particular quarter, Telemundo's share of the Aggregate Net Advertising Receipts hereunder for such quarter is less than the Included Network Receipts for the same period being held by Telemundo, Telemundo shall promptly following its receipt of Licensee's accounting statement for such quarter pay the "difference" to Licensee.