Residual Basic Increases Sample Clauses

The 'Residual Basic Increases' clause defines how certain baseline amounts, such as rent or fees, will be periodically adjusted over time, typically to account for inflation or changes in market conditions. In practice, this clause may specify a fixed percentage increase each year or tie adjustments to an external index, ensuring that the payments remain current and fair throughout the contract term. Its core function is to provide a predictable mechanism for increasing payments, thereby protecting the recipient from the eroding effects of inflation and ensuring ongoing financial adequacy.
Residual Basic Increases. Audio-Visual Content Residual Basic Escalator 1st Broadcast % 1st Broadcast % 15 Royalties - General 15.1 The BBC can choose to make royalty payments for any and all Secondary Uses (except Repeat Broadcasts or for Commercial Audio Exploitation) as an alternative to Residual Buy-Out Fees. 15.2 Such royalties shall be: 15.2.1 calculated as the following percentage of the BBC’s gross income received by the BBC, or in the case of co-productions with third-parties, deemed gross receipts. However, in the case of Home Video Exploitation where BBC Worldwide/2Entertain (or other distributor associated with the BBC) or the BBC (including its licensees and assigns) is the distributor certain reasonable deductions as may be agreed with the MU; and 15.2.2 shared between the relevant Musicians, pro-rata according to their Residual Basic. 15.3 Following a royalty payment for a particular Secondary Use, the BBC may not then pay a Residual Buy-Out Fee to terminate royalty payments for the same Secondary Use without the prior consent of the MU. 15.4 Accounting (applicable to all forms of Commercial Exploitation except Home Video Exploitation):
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Residual Basic Increases. Audio-Visual Content Residual Basic Escalator 1st Broadcast % 1st Broadcast % 15 Royalties - General 15.1 The BBC can choose to make royalty payments for any and all Secondary Uses (except Repeat Broadcasts or for Commercial Audio Exploitation) as an alternative to Residual Buy-Out Fees. 15.2 Such royalties shall be: 15.2.1 calculated as the following percentage of the BBC’s (as per “Definitions” below) gross income received by the BBC, or in the case of co-productions with third-parties, deemed gross receipts. However, in the case of Home Video Exploitation where BBC Worldwide/2Entertain (or other distributor associated with the BBC) or the BBC (including its licensees and assigns) is the distributor certain reasonable deductions as may be agreed with the MU; and 15.2.2 shared between the relevant Musicians, pro-rata according to their Residual Basic. 15.3 Following a royalty payment for a particular Secondary Use, the BBC may not then pay a Residual Buy-Out Fee to terminate royalty payments for the same Secondary Use without the prior consent of the MU.
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Residual Basic Increases. Audio Content
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Related to Residual Basic Increases

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Rent Increases The Rent payable shall not be increased or otherwise modified during the Term of this Lease. Any increase in Rent shall only take effect after the expiration of the Term provided in this Lease. Any increase in Rent to take effect upon renewal or extension of the Term of this Lease must be preceded by a - day notice of the same from the Landlord to the Tenant.

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage. 2. Each calendar year, in principle before 1 July, the CLA parties shall conduct talks on the adjust- ment of the (other) amounts shown in the salary table (column I, job grades 4 up to and including 6, column II and III) in article 28(2) of the CLA from 1 July of that year. 3. If an adjustment of the salary table (column I, job grades 4 up to and including 6, columns II and III) is agreed pursuant to paragraph 2 of this article, this will be applied as follows: a. The salary table (column I, job grades 4 up to and including 6, columns II and III) will be increased by the agreed percentage and b. the actual wage of the temporary agency worker will be increased by the agreed percentage from the agreed date.