Excess of Permitted Participation Payments Sample Clauses

Excess of Permitted Participation Payments. In the event the proceeds payable to Participant hereunder shall exceed that permitted by any law or governmental regulation, Columbia shall (at Participant's cost) use its reasonable efforts to assist Participant in the application to the appropriate authority for the right to pay Participant all of the Net Proceeds payable to Participant pursuant to the Agreement and shall pay the difference between the proceeds payable pursuant to the Agreement and the proceeds permitted to be paid at such time, if ever, as it may be legally permissible to Columbia to pay the difference. EXHIBIT "A-1" SOUNDTRACK ROYALTIES Columbia is not currently engaged in the business of manufacturing, selling, or marketing of soundtrack albums (and in this connection, for the avoidance of doubt, Sony Music and its subsidiaries shall not be deemed a part of Columbia). If Columbia shall be vested with the right to manufacture, market, sell, and license albums made from the soundtrack of the Picture and shall grant to Sony Music or any other licensee (the "Album Licensee") a license to manufacture, market, and sell phonograph albums made from the soundtrack of the Picture, and provided that Participant or any third party affiliated with or subsidiary to Participant or of which Participant has beneficial or constructive control is not entitled to any portion of the royalties or revenues derived from any record manufacturing rights in any such music, separate and apart from, or independently of, this Exhibit A-1, Columbia shall include in the Gross Receipts of the Picture a royalty equivalent to the amount(s) actually received by Columbia from any such Album Licensee with respect to such licensed rights, less an amount equal to the aggregate of the following:
Sample 1
AutoNDA by SimpleDocs

Related to Excess of Permitted Participation Payments

  • OPWC/Local Subdivision Participation Percentages For the sole and express purpose of financing/reimbursing costs of the Project, the estimated costs of which are set forth and described below, the Recipient hereby designates its Local Subdivision Percentage Contribution as amounting to a minimum total value of 50% of the total Project Cost. The OPWC Participation Percentage shall be 50% not to exceed $100,000.

  • Permitted Payments Hedging Liabilities

  • Funding Arrangements Minimum amounts/increments for Japan Local Currency Borrowings, repayments and prepayments: Same as Credit Agreement.

  • Union Participation The Employer agrees not to interfere with the rights of the employees to become members of the Union and there shall be no discrimination, interference, restraint, or coercion by the Employer or any Employer representative against any employee because of Union membership or because of any employee activity officially sanctioned by this contract on behalf of the Union.

  • Loan Payments (a) The Loan shall bear interest at a fixed rate per annum equal to the Note Rate. Interest shall be computed based on the daily rate produced assuming a three hundred sixty (360) day year, multiplied by the actual number of days elapsed. Except as otherwise set forth in this Agreement, interest shall be paid in arrears.

  • Funding Obligations 6.1 Grantee acknowledges that HHSC’s obligation for payment, in consideration of full and satisfactory performance of activities described in this Contract, is limited to monies received from the Administration on Aging (“AoA”), the State, and any other funding source.

  • CONCESSION PAYMENT AND INCREASE A. For the Initial Term of the Agreement, Concessionaire shall pay Department a minimum Concession Payment of Eight Hundred ($800.00) Dollars in accordance with the Concession Payment Schedule set forth in Exhibit B as consideration for the Concession, license and privilege granted. For subsequent Renewal Terms, if any, Concessionaire shall pay Department in accordance with the Concession Payment Schedule set forth in Exhibit B.

  • Participation Fees Vendor or vendor assigned dealer Agreements to pay the participation fee for all Agreement sales to TIPS on a monthly scheduled report. Vendor must login to the TIPS database and use the “Submission Report” section to report sales. The Vendor or vendor assigned dealers are responsible for keeping record of all sales that go through the TIPS Agreement. Failure to pay the participation fee will result in termination of Agreement. Please contact TIPS at tips@tips- xxx.xxx or call (000) 000-0000 if you have questions about paying fees.

  • Prohibited Payments The following types of payments are prohibited through the Service, and we have the right but not the obligation to monitor for, block, cancel and/or reverse such payments:

  • Participation Fee If your account is subject to a Participation Fee, a fee will be charged when you open an account as described on the Disclosure accompanying this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!