Common use of Box Office Method Clause in Contracts

Box Office Method. ‌ In circumstances where the Theatre receives box office revenue and box office statements, the Theatre shall calculate the total box office potential for the total number of performance weeks and divide the total amount of potential box office revenue by the number of performance weeks. For the purposes of this calculation, a performance week is any Engagement Week in which five (5) or more public performances are presented. In the circumstances where the touring company’s production is part of a subscription series, the gross potential box office calculation for that part of the tour would be discounted by the pro- rated amount of the host venue’s subscription discount from the last comparable series.

Appears in 6 contracts

Samples: Canadian Theatre Agreement, Theatre Agreement, Canadian Theatre Agreement

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Box Office Method. In circumstances where the Theatre receives box office revenue and box office statements, the Theatre shall calculate the total box office potential for the total number of performance weeks and divide the total amount of potential box office revenue by the number of performance weeks. For the purposes of this calculation, a performance week is any Engagement Week in which five (5) or more public performances are presented. In the circumstances where the touring company’s production is part of a subscription series, the gross potential box office calculation for that part of the tour would be discounted by the pro- rated amount of the host venue’s subscription discount from the last comparable series.

Appears in 1 contract

Samples: Canadian Theatre Agreement

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