50/50 Split definition

50/50 Split means 50% as to Organon and 50% as to Cypress.
View Source

Examples of 50/50 Split in a sentence

  • The Licensee is entitled to Half of Writers Share & Publishing, and the Licensor is Entitled to Half of Writers Share & Publishing, (e.g. BMI TOTAL Shares at 200%, So the Licensee “Artist” Claim 50% from both Writers Share and Publishing Share each, and the Producer “Gem Acoustics” also Claim 50% From Writers Share and Publishing as well, So 50/50 Split for Both Shares) - Neighboring Rights Royalties - The Licensee is entitled to 50% and the Licensor 50% of this Royalty.

  • The fee responsibility is as follows: Set Up Fee: Seller/Payee Monthly Fee: Purchaser/Payor* 50/50 Split* Attached *Please attach a check for Payor’s portion of the set up fee.

  • It is intended that each party shall contribute to costs (internal and external) related to such research and development activities applying a 50/50 Split, or, with respect to the [...***...] only, if elected by Organon upon written notice to Cypress upon selection of the [...***...] a 60/40 Split, and the Development Plan will be consistent with and provide for such proportional contribution and subject to the prior approval of a Budget for the relevant time period.

  • If the parties share Shared Revenue with respect to an Approved Product under Section 8.5(a), and the Sharing Ratio for a Calendar Year is not the 50/50 Split (or the 60/40 Split as applicable), then, within 60 days after the end of such Calendar Year, Organon shall make a payment to Cypress determined as provided below.

  • If a Sale Associate is not asked for by name then the lead is The Broker's and can assign the lead appropriately at The Broker agreed to 50/50 Split Agreement.

  • Seller/Payee Purchaser/Payor 50/50 Split Late Notices: Late Notice to Payor ($2.00 fee) or Late Notice to Payor with Copy to Payee ($3.00 fee) A single notice is sent per delinquent cycle.

  • The Licensee is entitled to Half of Writers Share & Publishing, and the Licensor is Entitled to Half of Writers Share & Publishing, (e.g. BMI TOTAL Shares at 200%, So the Licensee “Artist” Claim 50% from both Writers Share and Publishing Share each, and the Producer “Gem Acoustics” also Claim 50% From Writers Share and Publishing as well, So 50/50 Split for Both Shares).

Related to 50/50 Split

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Reverse Split has the meaning set forth in Section 5.21.

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Corporate Reorganization means any change in the legal existence of any Subject Entity (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.