Common use of LICENCE FEES AND DEFINITIONS Clause in Contracts

LICENCE FEES AND DEFINITIONS. 7.1 The Licence Fees are calculated by reference to the Gross Annual Revenue derived from admission fees paid by patrons attending the screening of cinema films/movies, duly certified by an Auditor or an Accountant or in a manner acceptable to SAMRO.

LICENCE FEES AND DEFINITIONS. 7.1 The Licence Fees are calculated by reference to the Gross Annual Revenue derived from admission fees paid by patrons attending the screening of cinema films/movies, duly certified by an Auditor or an Accountant or in a manner acceptable to SAMRO.