Common use of ROYALTIES PAYABLE Clause in Contracts

ROYALTIES PAYABLE. 7.1. Save as otherwise provided herein, the Producer shall pay to the Society in relation to each Karaoke Product, the royalties set out in this clause. Subject to sub-clauses 7.3, 7.4 and 7.5, the appropriate royalty shall be applied to the Published Dealer Price applicable to the relevant Karaoke Product in the relevant Quarter on the day of the Shipment of the Karaoke Product from the Warehouse.

Appears in 4 contracts

Sources: Karaoke Product Licensing Scheme, Karaoke Product Licensing Scheme, Karaoke Product Licensing Scheme