Adjusted Receipts means, except as provided in subdivision (b), the sum of all of the following:

Adjusted Receipts has the meaning set forth in Section 6.3.4.

Adjusted Receipts has the meaning attributed thereto in the Master Distribution Agreement. “Affiliate” shall mean any Person, which, directly or indirectly, is in control of, is controlled by, or is under common control with another Person. For purposes of this definition, a Person shall be deemed to be “controlled by” another Person if such latter Person possesses, directly or indirectly, the power either to direct or cause the direction of the management and policies of such controlled Person whether by contract or otherwise. “Affiliate Payment” shall mean, with respect to a Qualifying Project, an amount payable to (i) Issuer, LGEI, Distributor or any of their respective Affiliates, (ii) any officer, director or management of Issuer, LGEI or Distributor or any entity in which officer, director or management of Issuer, LGEI or Distributor has any interest or (iii) any officer, director or management of any affiliate of Issuer, LGEI or Distributor or any entity in which any officer, director or management of any affiliate of Issuer, LGEI or Distributor has any interest, excluding in each case payments expressly permitted hereunder; provided, however, that each Executive Producer Fee shall not be considered an Affiliate Payment. 1

Examples of Adjusted Receipts in a sentence

The Distributor is entitled to deduct its Distribution Expenses and Commission Fee from the Gross (or Adjusted) Receipts to arrive at “Net Receipts”.
Therefore this Agreement contemplates that possibility and deducts the cost of such installation to arrive at “Adjusted Receipts” since the Gross Receipts and Adjusted Receipts will be divided between the parties in accordance with the terms of this Agreement.
If Issuer fails to cure the specified defects within ***** from the date such Defect Notice was sent, or if Issuer fails to timely deliver the Funded Qualifying Project, Distributor may secure acceptable replacements and withhold from Adjusted Receipts or any other amounts due to Issuer Distributor’s reasonable estimate of the cost of conforming the Funded Qualifying Project and or delivery of the Funded Qualifying Project to the requirements of this Agreement.
The Distributor shall provide the Producer on a quarterly basis setting out the amounts realized on the distribution of the Program including the name of the purchaser, the Gross Receipts, the Adjusted Receipts if applicable, the Commission, the Distribution Expenses and the Net Receipts.
Bankruptcy or insolvency, the appointment of a private or court ordered receiver of Distributor or non-payment of Producer's share of Gross or Adjusted Receipts shall be deemed grounds for termination of this Agreement by Producer upon ten (10) days written notice.

More Definitions of Adjusted Receipts

Adjusted Receipts is defined as meaning Gross Receipts less the costs of installing or customizing the Web Project in circumstances where such installation or customization services are necessary to complete a sale of a license to the Web Project.

Adjusted Receipts has the meaning attributed thereto in the Master Distribution Agreement.