USNRC Net Sales definition

USNRC Net Sales. Net Sales through Normal Retail Channels of the applicable Record sold for distribution in the United States.
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USNRC Net Sales. Net Sales of Top Line Records (other than Audiovisual Records), on which royalties are payable, consisting entirely of Masters recorded hereunder and sold by Company through normal retail channels in the United States.
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Examples of USNRC Net Sales in a sentence

  • With respect to Albums Delivered in fulfillment of your Recording Commitment only, the Basic Rate will apply to the first five hundred thousand (500,000) units of USNRC Net Sales of each such Album.

  • The royalty rate will be __% rather than __% on the next five hundred thousand (500,000) units of any such Album (i.e., USNRC Net Sales from 500,001 units through 1,000,000 units) and __% on USNRC Net Sales of any such Album in excess of 1,000,000 units.

  • With respect to a Staff Producer, the royalty rate payable to such producer will be deemed to be no less than three percent (3%) with respect to USNRC Net Sales of Albums, with proportionate reductions for other exploitations of Masters.

  • For USNRC Net Sales in excess of Five Hundred Thousand (500,000) units RECORD COMPANY will pay eighty-seven and one half percent (87-1/2%) of the U.S. minimum statutory rate.

  • For USNRC Net Sales in excess of One Million Five Hundred Thousand (1,500,000) units RECORD COMPANY will pay one hundred percent (100%) of the U.S. minimum statutory rate.

  • For USNRC Net Sales in excess of One Million (1,000,000) units RECORD COMPANY will pay ninety-two and one half percent (92-1/2%) of the U.S. minimum statutory rate.

  • Sixth Option * Period, if any XXX XXX XXX Seventh Option * Period, if any XXX XXX XXX FOREIGN ------- Territory All Records ------------------------------------------------------------------------------ * Canada, U.K. XXXX percent of the otherwise applicable rate set forth in the United States Royalty Schedule above in respect of USNRC Net Sales of the particular record concerned (i.e., Albums, Singles and Long Play Singles), without regard to any escalations.