Settlement Rules Clause Samples

Settlement Rules. The operation service fee of the product package [Excellent Edition of ▇▇▇▇ ▇▇ Qu Jing] made by Tianyi Video Media (mobile screen) is calculated according to the effective subscription settlement ratio agreed by both parties, and the settlement ratio of Party B is [***%]. Based on amicable negotiation, in view of the progress of the Ministry of Finance and the State Administration of Taxation on the promotion of the pilot program of levying VAT on the telecom industry’s business tax, Party A has the right to adjust the settlement methods and inform Party B in an appropriate manner due to the impact of the relevant policies of the state and industry authorities during the performance of this contract, which shall be abided by Party B. The relevant notice is an integral part of this contract and has the same legal effect as the contract. According to the provisions of the fourth paragraph of Article 2, Chapter 7 of this contract, Party B’s due income shall be settled in the following way: (1) Party B can issue special VAT invoices with a tax rate of 6% Party B’s due income (including tax price) = product monthly billable income * [***]% (2) Party B can issue special VAT invoices with a tax rate lower than 6% Party B’s due income (including tax price) = [product monthly billable income * [***]%] ÷ (1 + 6%) * (1 + actual tax rate) (3) Party B cannot issue special VAT invoices Party B’s due income (including tax price) = [product monthly billable income *[***]%] ÷ (1+6%) *** Parameter Description *** Monthly billable income of product packages: the amount of product package receivables minus bad debts ([***]%). At least one of the content provided by the product package must reach the two standards of effective content supply and effective user usage simultaneously, otherwise no settlement amount will be generated in the current month. Effective content supply: The number of content sources that are input in database by partners in accordance with the prescribed standards and is approved by the licensee. The number of subscription triggered by the content in the current month is higher than or equivalent to 1 and there is a valid use record. If there is no valid content in the current month, no settlement amount will be generated. Effective user usage: The effective user usage of a certain content during the settlement period. The effective user usage is measured in terms of the length and time of playing. The current measurement standard is the playing time of...

Settlement Rules. The operation service fee of the product package [Fish Leading Classic Eddition] made by [subsidiary of leading telecommunication service provider in China] (mobile screen) is calculated according to the effective subscription settlement ratio agreed by both parties, and the settlement ratio of Party B is [***%]. Based on amicable negotiation, in view of the progress of the Ministry of Finance and the State Administration of Taxation on the promotion of the pilot program of levying VAT on the telecom industry’s business tax, Party A has the right to adjust the settlement methods and inform Party B in an appropriate manner due to the impact of the relevant policies of the state and industry authorities during the performance of this contract, which shall be abided by Party B. The relevant notice is an integral part of this contract and has the same legal effect as the contract. According to the provisions of the fourth paragraph of Article 2, Chapter 7 of this contract, Party B’s due income shall be settled in the following way:

Settlement Rules. Both Parties agree to calculate and settle the earnings based on the information fees of Party B's works actually received from the mobile phone reading platform. For this purpose, the data collected from Party A's system shall prevail. For the works licensed by Party B to Party A, Party A shall pay [40%] of the earnings of actually received information fee to Party B as the royalties. The “actually received information fee” refers to the content fee accrued from subscription of Party B's works by the users and actually paid to Party A, excluding the communication fee accrued from using Party A's network which shall belong to Party A.

Settlement Rules. 10.2.1 The current Settlement Rules, which are parameterised, are as per the following table: Exempt Vehicle £0 100% Discount Vehicle £0 Daily Charge £10 Pay Next Day £12 90% Discount Vehicle £1 CC Auto Pay £9 CC Auto Pay Resident £0.90 Fleet Auto Pay £9 TfL Filter List £0 Compliant Vehicle List £0 10.2.2 The Settlement Rules are subject to change based on changes made to the Scheme Order.

Settlement Rules. 9.1. The settlement of transactions shall conform to the rules and practices of the TSE, CDNX and The Canadian Depository for Securities Limited.

Settlement Rules