Net Sums definition
Examples of Net Sums in a sentence
As used herein, the term "Net Sums" refers to all rent, if any, received by Sublessor through reletting the Subleased Premises following termination of this Sublease or termination of Subtenant's right to possession of the Subleased Premises, reduced by any expenses incurred by Sublessor as provided in Section 11.6.
Symphonic Distribution will pay you 70% of all Net Sums that we receive for monetization of Client Content.
If, at any time, we are unable to charge or otherwise recover the relevant fees from the credit card provided at Registration, you hereby authorize us to deduct said amounts from any monies then existing or accruing in the future to you in your Rident account (i.e. your share of Net Sums); otherwise, we may suspend our Services and/or terminate the Term.
On each Collateral Agent Reconciliation Date the Lenders shall remit to the Collateral Agent and the Collateral Agent shall remit to the Lenders, as appropriate, on or before 2:00 p.m., New York, New York time, all Net Sums Due as set forth in the Collateral Agent's Reconciliation Report furnished to the Lenders on the Collateral Agent Reconciliation Date.
All Net Sums Due shall be distributed among the Lenders and the Collateral Agent (after deduction of all other amounts then owing to the Collateral Agent) on the Collateral Agent's Reconciliation Date.
Fifty percent (50%) of any and all Net Sums, actually received from the exploitation of the rights in the Works other than those mentioned in (a), (b) and (c) above whether in India or countries outside India by the Producer or his/its assignees, collection agents, licensees, sub-publishers or others, whether or not they are affiliated with, owned in whole or in part by, or controlled by the Producer.
For any exploitation of Masters for which Artist is paid based on a percentage of Label's net sums ("a Net Sums Royalty"), Producers’ Net Sums Royalty for such exploitations shall be equal to Artist's Net Sums Royalty multiplied by a fraction that has Producers’ basic royalty rate as a numerator and Artist's basic royalty rate as a denominator.
As used herein, the term "Net Sums" refers to all rent, if any,received by Sublessor through reletting the Subleased Premises following termination of this Sublease or termination of Subtenant's right to possession of the Subleased Premises, reduced by any expenses incurred by Sublessor as provided in Section 11.5.
Fifty percent (50%) of any and all "Net Sums" (as defined below) actually received from the exploitation of the synchronisation and reproduction rights (excepting printing rights as in (a) above and public performance and mechanical rights as in (c) below) in the Works other than as synchronised and reproduced with the Film.
For purposes of this Sub-Paragraph, the term Net Sums means Production Company's receipts less all commissions, marketing, advertising, publicity and other distribution costs incurred directly in connection therewith.