Project Profits definition
Project Profits are defined as any revenue generated from a specific Project (including but not limited to Ticket Sales, Distribution Deals, DVD and Video Sales, Merchandising, or if the Project is otherwise licensed, marketed, or sold) less costs expended on the Project, or any other debts or obligations which may apply.
Project Profits means the difference between (a) Gross Revenues, and (b) the sum of (x) the Hebron Expenses, (y) the Option Expenses, and (z) the Project Expenses.
Project Profits means the aggregate of the Project NPAT and the Net Adjustments.
Examples of Project Profits in a sentence
All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non- exclusive rights to Project as defined herein (Section “3.
All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non-exclusive rights to Project as defined herein (Section “3.
Any and all taxes incurred as a result of Budget Dollars or Project Profits are the sole responsibility of the Project Owner.