Inclusion Fee definition
Examples of Inclusion Fee in a sentence
An Inclusion Fee of $500.00 has been paid prior to inclusion of surface water credit for accounting purposes.
This is particularly the case with respect to the Inclusion Fees, and it is possible that the Inclusion Fee Fund might not be sufficient after ten years to pay all eligible Rightsholders’ full Inclusion Fees.
From the net revenues the Registry receives from subscriptions (i.e., after payment of the Registry administrative fees), 75% will be paid into a Usage Fee Fund and 25% will be paid into an Inclusion Fee Fund.
The target Inclusion Fee for Books is US $200/Book and the minimum Inclusion Fee for Inserts is US $50/Entire Insert and US $25/Partial Insert.
If, by or before the tenth anniversary of the date on which the Registry first receives subscription revenues, there are sufficient funds in the Inclusion Fee Fund to pay US $200/Book, US $50/Entire Insert and US $25/Partial Insert, then all Inclusion Fee Funds will be distributed at that time.
If there are not enough funds by the tenth anniversary date to pay such amounts, then, thereafter, 10% of the net revenues the Registry receives from subscriptions will be paid into the Inclusion Fee Fund for so long as is necessary to pay US $200/Book, US $50/Entire Insert and US $25/Partial Insert, unless, with respect to Books, a majority of the Board of the Registry votes to discontinue paying subscription revenues into the Book Sub-Fund.
In the event the Inclusion Fee is not timely paid as described in this Section 1, approval of the inclusion by the District shall be deemed null and void, and Petitioner shall be relieved of all obligations set forth herein and in the Inclusion Agreement, including the obligations to pay the Inclusion Fee and the Water Shortage Fee (Section 5, below).
Rightsholders are eligible for an Inclusion Fee so long as their Books or Inserts are not excluded by them (or, in the case of Books, by other Rightsholders who also have U.S. copyright interests in those Books) from subscriptions.
In order to receive an Inclusion Fee, you must register your Books and Inserts with the Registry within five years of the Effective Date.
The Inclusion Fee Fund itself will be divided into two sub- funds: 80% (of the 25%) will go into a Book Sub-Fund and 20% (of the 25%) will go into an Insert Sub-Fund.