Common use of Limits on Costs Clause in Contracts

Limits on Costs. No Recoupable Distribution Cost may be deducted from Gross Receipts for any Licensed Right except to the extent such deduction is authorized in the Deal Terms. Any cost that does not qualify as a Recoupable Distribution Cost under Paragraph a) will be Distributor’s sole responsibility unless Licensor gives Notice approving its recoupment. No cost item qualifying as a Recoupable Distribution Cost may be deducted more than once. Recoupable Distribution Costs must be calculated separately for each Licensed Right, and may not be recouped from Gross Receipts for any other Licensed Right except as authorized in the Deal Terms.

Appears in 1 contract

Sources: Multiple Rights Distribution Agreement

Limits on Costs. No Recoupable Distribution Cost may be deducted from Gross Receipts for any Licensed Right except to the extent such deduction is authorized in the Deal Terms. Any cost that does not qualify as a Recoupable Distribution Cost under Paragraph a) will be Distributor’s sole responsibility unless Licensor gives Notice approving its recoupment. No cost item qualifying as a Recoupable Distribution Cost may be deducted more than once. Recoupable Distribution Costs must be calculated separately for each Licensed Right, and may not be recouped from Gross Receipts for any other Licensed Right except as authorized in the Deal Terms.

Appears in 1 contract

Sources: Licensing Agreement