Common use of Fig Funds Clause in Contracts

Fig Funds. Fig shall pay to Developer $1,200,000 of Fig Funds no later than thirty (30) days after the successful completion of Developer’s Fig Campaign. As used herein, “Fig Funds” means funds from the Fig Campaign (excluding any rewards proceeds from the Fig Campaign) which have been paid to Developer by Fig to be used by Developer in the development of the Licensed Game including initial development work done in connection with the Fig Campaign. Fig may pay additional Fig Funds amounts to Developer from time to time prior to the Expected Delivery Date (as defined in Section 4.1), up to a maximum aggregate Fig Funds amount of $2,500,000.

Appears in 2 contracts

Samples: License Agreement (Fig Publishing, Inc.), License Agreement (Fig Publishing, Inc.)

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Fig Funds. Fig shall pay to Developer $1,200,000 of Fig Funds in an amount up to $500,000, no later than thirty (30) 60 days after the successful completion of Developer’s Fig Campaign. As used herein, “Fig Funds” means funds from the Fig Campaign (excluding any rewards proceeds from the Fig Campaign) which have been paid to Developer by Fig to be used by Developer in the development development, marketing and publishing of the Licensed Game including initial development work done in connection with the Fig CampaignGame. Fig may pay additional Fig Funds amounts to Developer from time to time prior to the Expected Delivery Date (as defined in Section 4.1), up to a maximum aggregate Fig Funds amount of $2,500,000.

Appears in 2 contracts

Samples: License Agreement (Fig Publishing, Inc.), License Agreement (Fig Publishing, Inc.)

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