Net Revenue Split. Section 5.1 shall be deleted in its entirety and replaced with the following in lieu thereof:
Net Revenue Split. The Net Revenue shall be split fifty percent (50%) for E-Pub and fifty percent (50%) for PTV Netherlands.
Net Revenue Split. All sales of Merchandise shall be made through Xxxxx Mart's normal cash registers and by use of Xxxxx Mart's normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier's Merchandise, other than Internet Merchandise sold through the Website, shall be split 80% to Supplier and 20% to Xxxxx Mart. As of the date Supplier commences fulfillment of Internet Merchandise sold, the Net Revenue Split from the sale of Internet Merchandise shall be split 90.5% to Supplier and 9.5% to Xxxxx Mart. Xxxxx Mart retains all shipping revenue generated from Internet Merchandise sold through the Website, including footwear only orders. Xxxxx Mart in its sole discretion may charge shipping and/or return shipping costs to its Internet Merchandise customers. In the event that customer-paid shipping charges exceed fifty (50) percent of total orders shipped in any quarterly period, then a recalculation of the Net Revenue Split will be mutually determined by the parties to incorporate an equitable adjustment based on the customer-paid shipping charges.
Net Revenue Split. All sales of Merchandise shall be made through Xxxxx Mart’s normal cash registers and by use of Xxxxx Mart's normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier's Merchandise, other than Internet Merchandise sold through the Website, shall be split 80% to Supplier and 20% to Xxxxx Mart. Commencing upon the date of this Amendment and continuing until noted below, the Net Revenue from each sale of Internet Merchandise sold through the Website shall be split such that Xxxxx Mart will receive the percentage of Net Revenue from each sale equal to the website management fees paid by Supplier to a third party for the sale of such Internet Merchandise, which is estimated to be and shall not exceed 23% of Net Revenue. The balance of Net Revenue from the sale of Internet Merchandise shall be paid to Supplier pursuant to Section 5.4. Xxxxx Mart agrees to notify Supplier if the actual website management fees are lower than the 23% of Net Revenue estimate, which shall adjust the Net Revenue split received by Xxxxx Mart from each sale of Internet Merchandise sold through the Website to reflect the new actual management fee percentage; provided, however, Xxxxx Mart’s percentage of Net Revenue shall not be lower than 20%. The parties agree that, at a later date, Supplier will assume responsibility for the fulfillment of Internet Merchandise sold through the Website. Xxxxx Mart shall cooperate with Supplier in this transition. Beginning on the date DSW itself fulfills Internet Merchandise sold and thus eliminates the fulfillment of inventory through the third party provider, the Net Revenue from the sale Internet Merchandise shall be split 80% to Supplier and 20% to Xxxxx Mart.
Net Revenue Split. All sales of Merchandise shall be made through Xxxxx Mart's normal cash registers and by use of Xxxxx Mart's normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier's Merchandise, other than Internet Merchandise sold through the Website, shall be split 80% to Supplier and 20% to Xxxxx Mart. Commencing upon August 1, 2014 and continuing until Xxxxx Mart ceases managing fulfillment of customer orders of Internet Merchandise sold through the Website, the Net Revenue from such sales shall be split 70% to Supplier and 30% to Xxxxx Mart. The parties agree that, at a later date, Supplier will assume responsibility for the fulfillment of Internet Merchandise sold through the Website. Xxxxx Mart shall cooperate with Supplier in this transition. Beginning on the date DSW itself fulfills Internet Merchandise sold and thus eliminates the fulfillment of inventory through the third party provider, the Net Revenue from the sale Internet Merchandise shall be split 80% to Supplier and 20% to Xxxxx Mart.
Net Revenue Split. All sales of Merchandise shall be made through Xxxxx Mart’s normal cash registers and by use of Xxxxx Mart’s normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier’s Merchandise shall be split 80% to Supplier and 20% to Xxxxx Mart.
Net Revenue Split. Effective as of June 1, 2020, Net Revenue shall be split between the parties as follows:
Net Revenue Split. Womex.xxx, XXC agrees that Hearst shall be entitled to receive from Womex.xxx, XXC no later than forty-five (45) days following the termination of each calendar quarter a royalty (the "Royalty") computed on Net Advertising Revenues from the preceding quarter. The Royalty payable to Hearst shall be equal to twenty percent (20%) of the aggregate Net Advertising Revenues from the applicable quarter, until such time as Hearst has recouped the cumulative production costs incurred from and after the Effective Date in the ongoing production of the Magazine Sites as set forth on Exhibit D, whether or not such Magazine Sites are produced by Womex.xxx, XXC, plus interest, calculated at an annual rate equal to six percent (6%). Thereafter, the Royalty shall equal eight percent (8%) of the aggregate Net Advertising Revenues from the applicable quarter, until such time as the gross revenues recognized by Womex.xxx, XXC in any period of twelve (12) consecutive months exceed forty million dollars ($40,000,000.00), whereupon the Royalty payable to Hearst shall be
Net Revenue Split. Womex.xxx, XXC agrees that Hearst shall be entitled to receive from Womex.xxx, XXC no later than forty-five (45) days following the termination of each calendar quarter a royalty (the "Royalty") computed on Net Advertising Revenues from the preceding quarter. The Royalty payable to Hearst shall be equal to [*] of the aggregate Net Advertising Revenues from the applicable quarter, until such time as Hearst has recouped the cumulative production costs incurred from and after the Effective Date in the ongoing production of the Magazine Sites as set forth on Exhibit D, whether or not such Magazine Sites are produced by Womex.xxx, XXC, plus interest, calculated at an annual rate equal to [*]. Thereafter, the Royalty shall equal [*] of the aggregate Net Advertising Revenues from the applicable quarter, until such time as the gross revenues recognized by Womex.xxx, XXC in any period of twelve (12) consecutive months exceed [*], whereupon the Royalty payable to Hearst shall be *Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
Net Revenue Split. All Advertising (being any banner advertisements, site sponsorship arrangements, performance-based advertising, referrals, click-throughs, leads and bounties, and all other similar activities which do not produce revenues through direct selling, sold with respect to any Magazine Site) on the Magazine Sites will be sold by IV unless IV gives its prior consent for a sale by Hearst. “
