Common use of Fig Funds Clause in Contracts

Fig Funds. Fig shall pay to Fig Funds in an amount up to $500,000, no later than 60 days after the successful completion of Developer’s Fig Campaign. As used herein, “Fig Funds” means funds from Fig to be used by Developer in the development, marketing and publishing of the Licensed Game. 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).

Appears in 2 contracts

Samples: Fig License Agreement (Fig Publishing, Inc.), Fig 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 60 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, marketing and publishing development of the Licensed GameGame 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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