Ticket Proceeds Sample Clauses
Ticket Proceeds. Licensor shall have complete and sole custody and control of any and all monies received from the sale of tickets. All such funds shall be the rightful property of Licensor for the purposes of applying same toward payment of any balance for license fees and other fees due or to become due to Licensor, in accordance with the terms and conditions of this Agreement. The balance shall be remitted to Licensee immediately following the Event.
Ticket Proceeds. In consideration of the services to be provided under this Agreement, Boosters/Parent Organizations shall be entitled to retain one hundred percent (100%) of the gross ticket sale proceeds collected for each of the events, subject to the requirements of Section 3 above.