Net Flat Fee definition
Net Flat Fee means the gross royalty or gross flat fee received by Company in the United States from a person, firm or corporation from the exploitation by that person, firm or corporation of rights in Masters (other than Audiovisual Recordings), less all costs paid or incurred by Company in connection with the exploitation of those rights and the collection of those monies, and less all royalties or other sums payable by Company to any person, firm or corporation in connection with the exploitation of those rights, except for royalties or other sums payable to producers of those Masters, which shall be borne solely by You.
Net Flat Fee means the gross royalty or gross flat fee received by Company in the Territory from a person, firm or corporation from the exploitation by that person, firm or corporation of rights in Masters (other than Audiovisual Recordings), less all costs paid or incurred by * - Confidential portions omitted and filed separately with the Commission. 44 Company in connection with the exploitation of those rights and the collection of those monies, and less all royalties or other sums payable by Company to any person, firm or corporation in connection with the exploitation of those rights, except for royalties or other sums payable to producers of those Masters, which shall be borne solely by you.
Net Flat Fee means an amount equal to the royalty or flat fee, as the case may be, received by Company from a third party as a result of the exploitation by that third party of those Videograms and Exhibition Copies (and in the case of Exhibition Copies, less ten percent (10%) of those monies as a distribution fee).