Net Receipt definition
Examples of Net Receipt in a sentence
Symantec acknowledges and agrees that in some cases DR may not be able to match certain Chargebacks to particular Referral Sales, and that this may cause certain Affiliate Net Receipt amounts to be calculated by DR without accounting for the Chargebacks.
To the extent the Monthly Net Receipt amounts are less than the Monthly Net Nomination amounts, a payment shall be due Gatherer, and Gatherer will invoice Producer for the imbalance based on the difference between the Monthly Net Receipt amounts and the Monthly Net Nomination amounts, multiplied by the Cash-Out Price during the applicable Month in which the volume imbalance was generated.
To the extent that the Monthly Net Receipt amount is greater than the Monthly Net Nomination amount, a payment shall be due from Gatherer to Owner and Gatherer will make such payment to Owner for the Imbalance based on the difference between the Monthly Net Receipt amount and the Monthly Net Nomination amount, multiplied by the Cash-Out Price.
To the extent the Monthly Net Receipt amount is less than the Monthly Net Nomination amount, a payment shall be due from Owner to Gatherer, and Gatherer will invoice Owner for the Imbalance based on the difference between the Monthly Net Receipt amount and the Monthly Net Nomination amount, multiplied by the Cash-Out Price during the applicable Month in which the Imbalance was generated.
Symantec also agrees that DR’s only obligations are to make the reasonable efforts to match the Chargebacks as may occur, and that DR also has no obligation to attempt to collect any debit balances against Affiliates whose Related Chargebacks have put their Affiliate Net Receipt amounts into negative balances.
Payment of the Purchase Price shall not be complete until Seller receives payment from the Title Company in the amount of Seller's Net Receipt as provided in Subsection 9(b)(iv).
For the purpose of the Agreement, Net Receipt shall mean the sum of all charges made to the public and directly attributable to the exploitation of the Films, minus: - VAT and video taxes - copyright fees due to collection societies (SACEM-SDRM, SACD…); and, - in case of indirect distribution, any fees retained by the operator.
Licensee shall pay to Licensor a revenue shares equal to 50% (fifty per cent) of Net Receipt.
For the purpose of the Agreement, Net Receipt shall mean the total sum of all charges made to the public and directly attributable to the exploitation of the Picture / Pictures, minus: - VAT and video taxes - copyright fees due to collection societies (SACEM-SDRM, SACD…); and, - in case indirect distribution, any fees retain by the operator.
For clarity to the extent a payment received by Licensee would be considered both a Net Receipt (pursuant to Section 4.1(a)) and Financial Consideration (pursuant to Section 4.2), such payment will be deemed a Net Receipt and not Financial Consideration so that Licensee will not be required to pay more than a two percent (2%) royalty on such payment.