Division of income (royalties Sample Clauses

Division of income (royalties. Tektime will divide the proceeds from the sales of the Audiobook between the DDD, the Narrator and Tektime itself, calculating the individual amounts due on the «Net Turnover», understood as the amount obtained from each sale of each single copy of the Audiobook net of costs distribution, discounts, promotions, taxes, excise duties, value added taxes, duties, sales commissions and withholding taxes where applicable, as described in section 8 and section 9 . The Net Turnover will be divided as indicated in the following table (all amounts are expressed in Euro): From To Author Narrator Tektime € - € 1,000 15% 75% 10% € 1,000 € 2,000 30% 60% 10% € 2,000 € 4,000 60% 30% 10% € 4,000 € 8,000 70% 20% 10% € 8,000 € 900,000 80% 10% 10% No compensation will be due or calculated in the Net Revenue for the distribution of copies of the Audiobook sent free of charge or for promotional, review, publicity or promotion purposes of any kind. The Storyteller understands and accepts that he will not be entitled to the payment of any amount if he has violated his obligations, with Tektime or with the DDD, indicated in this Agreement. In this case, the proceeds will still be set aside until the dispute between the Narrator and Tektime is resolved. Upon resolution of the dispute, any compensation or other payment that the Narrator should compensate Tektime can be deducted from the amounts previously set aside for the Narrator. The DDD understands and accepts that he will not be entitled to payment of any amount if he has violated his obligations, with Tektime or with the Narrator, indicated in this Agreement. In this case, the proceeds will still be set aside until the dispute between the DDD and Tektime is resolved. Upon resolution of the dispute, any indemnity or other payment that the DDD should compensate Tektime can be deducted from the amounts previously set aside for the DDD.
Sample 1
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Division of income (royalties. Tektime will divide the proceeds from the sales of the Translated Book between the DDD, the Translator and Tektime itself, calculating the individual amounts due on the "Net Turnover" , understood as the amount obtained from each sale of each single copy of the Translated Book net of costs distribution, discounts, promotions, taxes, excise duties, value added taxes, duties, sales commissions and withholding taxes where applicable as described in section 8 and section 9 . The Net Turnover will be divided as indicated in the following table (all amounts are expressed in Euro). From To Author Translator Tektime € - € 1,000 15% 75% 10% € 1,000 € 2,000 30% 60% 10% € 2,000 € 4,000 60% 30% 10% € 4,000 € 8,000 70% 20% 10% € 8,000 € 900,000 80% 10% 10% No compensation will be due or calculated in the Net Revenue for the distribution of copies of the Translated Book sent free of charge or for promotional, review, publicity or promotion purposes of any kind. The Translator understands and accepts that he will not be entitled to the payment of any amount if he has violated his obligations, with Tektime or with the DDD, indicated in this Agreement. In this case, the proceeds will still be set aside until the dispute between the Translator and Tektime is resolved. Upon resolution of the dispute, any indemnity or other payment that the Translator should compensate Tektime may be deducted from the amounts previously set aside for the Translator. The DDD understands and accepts that it will not be entitled to the payment of any amount if it has violated its obligations, with Tektime or with the Translator, indicated in this Agreement. In this case, the proceeds will still be set aside until the dispute between the DDD and Tektime is resolved. Upon resolution of the dispute, any indemnity or other payment that the DDD should compensate Tektime can be deducted from the amounts previously set aside for the DDD.
Sample 1

Related to Division of income (royalties

  • TAXATION OF INCOME Article 6

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

  • Authorization for Deductions The City shall deduct Association dues, initiation fees, premiums for insurance programs and political action fund contributions from an employee's pay upon receipt by the Controller of a form authorizing such deductions by the employee. The City shall pay over to the designated payee all sums so deducted. Upon request of the Association, the Controller agrees to meet with the Association to discuss and attempt to resolve issues pertaining to delivery of services relating to such deductions.

  • PATENTS AND ROYALTIES Unless otherwise provided, the Contractor shall be solely responsible for obtaining the right to use any patented or copyrighted materials in the performance of the contract resulting from this Invitation for Bids. The Contractor, without exception, shall indemnify and save harmless the County and its employees from liability of any nature or kind, including cost and expenses for or on account of any copyrighted, patented, or unpatented invention, process, or article manufactured or supplied by the Contractor. In the event of any claim against the County of copyright or patent infringement, the County shall promptly provide written notification to the Contractor. If such a claim is made, the Contractor shall use its best efforts to promptly purchase for the County any infringing products or services or procure a license, at no cost to the County, which will allow continued use of the service or product. If none of the alternatives are reasonably available, the County agrees to return the article on request to the Contractor and receive reimbursement, if any, as may be determined by a court of competent jurisdiction.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Taxes Other Than Income Taxes Upon the timely request by the Interconnection Customer, and at the Interconnection Customer’s sole expense, the CAISO or Participating TO may appeal, protest, seek abatement of, or otherwise contest any tax (other than federal or state income tax) asserted or assessed against the CAISO or Participating TO for which the Interconnection Customer may be required to reimburse the CAISO or Participating TO under the terms of this LGIA. The Interconnection Customer shall pay to the Participating TO on a periodic basis, as invoiced by the Participating TO, the Participating TO’s documented reasonable costs of prosecuting such appeal, protest, abatement, or other contest. The Interconnection Customer, the CAISO, and the Participating TO shall cooperate in good faith with respect to any such contest. Unless the payment of such taxes is a prerequisite to an appeal or abatement or cannot be deferred, no amount shall be payable by the Interconnection Customer to the CAISO or Participating TO for such taxes until they are assessed by a final, non-appealable order by any court or agency of competent jurisdiction. In the event that a tax payment is withheld and ultimately due and payable after appeal, the Interconnection Customer will be responsible for all taxes, interest and penalties, other than penalties attributable to any delay caused by the Participating TO.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Xxxx Payments You may authorize new payment instructions or edit previously authorized payment instructions for xxxx payments that are either periodic and nonrecurring (e.g., payments on merchant charge accounts that vary in amount) or automatic and recurring (e.g., fixed mortgage payments). When you transmit a xxxx payment instruction to us, you authorize us to transfer funds to make the xxxx payment transaction from the account you designate. We will process xxxx payment transfer requests only to such payees as you authorize and for whom the Credit Union has the proper vendor code number. The Credit Union will not process any xxxx payment transfer if the required transaction information is incomplete. If there are insufficient funds in your account to make the xxxx payment request, we may either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous. The Credit Union will withdraw the designated funds from your account by 9:00am on the date of the scheduled payment if scheduled on a business day. If scheduled on a non-business day, the Credit Union will withdraw the funds by 9:00am on the first business day after the scheduled date. It is your responsibility to schedule your xxxx payments in such a manner that your obligations will be paid on time. You should enter and transmit your xxxx payment instructions at least 10 days before a xxxx is due. You are responsible for any late payments or finance charges that may be imposed as a result of your failure to transmit timely payment authorization. You may cancel or stop payment on periodic xxxx payments and automatic, recurring xxxx payment instructions under certain circumstances. If you discover an error in or want to change a payment instruction (e.g., payment date or payment amount) for a periodic or automatic payment you have already scheduled for transmission through online or mobile banking, you may electronically edit or cancel your payment through online or mobile banking. Your cancellation request must be entered and transmitted before the date you have scheduled for payment. If your request is not entered in time, you will be responsible for the payment. If you wish to place an oral stop payment on an automatic, recurring xxxx payment transaction, the Credit Union must receive your oral stop payment request at least three (3) business days before the next payment is scheduled to be made. You may call the Credit Union at the telephone number set forth in Section 4 (Member Liability) to request a stop payment. If you call, the Credit Union may require you to confirm your stop payment request in writing within 14 days after the call.

  • Coverage F – Medical Payments To Others We will pay the necessary medical expenses that are incurred or medically ascertained within three years from the date of an accident causing "bodily injury". Medical expenses means reasonable charges for medical, surgical, x-ray, dental, ambulance, hospital, professional nursing, prosthetic devices and funeral services. This coverage does not apply to you or regular residents of your household except "residence employees". As to others, this coverage applies only:

  • Disbursements to Contractors to Pay Costs of the Project The Recipient shall require that as work on the Project and as specified in its contract is performed a Contractor shall promptly submit a detailed project specific invoice to the Project Manager. Within three (3) Business Days following receipt of such invoice from a Contractor, the Project Manager shall review the invoice and, if found to be accurate, shall so certify in writing, forwarding such certification together with a copy of the invoice to the Chief Fiscal Officer. Within five (5) Business Days following receipt of such invoice and certification from the Project Manager, the Chief Fiscal Officer shall conduct such reviews as he considers appropriate and, if he approves such invoice, shall submit to the Director a Disbursement Request together with the information and certifications required by this Section 6(b). The dollar amount set forth in the Disbursement Request shall be calculated based on the Participation Percentage as set forth originally in Appendix D of this Agreement or as may be adjusted from time to time to account for changed conditions in the project financing scheme. Within five (5) Business Days following receipt of the Disbursement Request and all required information and certifications, the Director shall, if such items are deemed by the Director to be accurate and completed, initiate a voucher in accordance with applicable State requirements for the payment of the amount set forth in the Disbursement Request. Upon receipt of a warrant from the Auditor of State drawn in connection with a voucher initiated in accordance with the terms of the preceding sentence, the Director shall forward it by regular first class United States mail or electronic funds transfer, to the contractor or other authorized recipient designated in the Disbursement Request. Prior to any disbursement from the Fund, the following documents shall be submitted to the Director by the Recipient:

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