Common use of Payment and Reports Clause in Contracts

Payment and Reports. (a) ITUNES shall remit payment to COMPANY for the sale of eMasters in accordance with the following: (i) the “sale” of each eMaster shall occur when such eMaster is successfully delivered by ITUNES to an end user; (ii) payments shall accrue at the time that such eMaster is sold; and (iii) for each eMaster sold, ITUNES shall pay to COMPANY an amount equal to the wholesale price for the applicable eMaster (collectively “eMaster Proceeds”).

Appears in 11 contracts

Samples: Digital Music Download Sales Agreement (Orchard Enterprises, Inc.), Digital Music Download Sales Agreement (Orchard Enterprises, Inc.), Digital Music Download Sales Agreement (Orchard Enterprises, Inc.)

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Payment and Reports. (a) ITUNES shall remit payment to COMPANY for the sale of eMasters in accordance with the following: (i) the “sale” of each eMaster shall occur when such eMaster is successfully delivered by ITUNES to an end user; (ii) payments shall accrue at the time that such eMaster is sold; and (iii) for each eMaster sold, ITUNES shall pay to COMPANY an amount equal to the wholesale price for the applicable eMaster (collectively “eMaster Proceeds”).and

Appears in 1 contract

Samples: www.digitalmusicnews.com

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Payment and Reports. (a) ITUNES shall remit payment to COMPANY for the sale of eMasters in accordance with the following: (i) the “sale” of each eMaster shall occur when such eMaster is successfully delivered by ITUNES [TUNES to an end user; (ii) payments shall accrue at the time that such eMaster is sold; and (iii) for each eMaster sold, ITUNES shall pay to COMPANY an amount equal to the wholesale price for the applicable eMaster (collectively “eMaster Proceeds”).

Appears in 1 contract

Samples: Digital Music Download Sales Agreement (Digital Music Group, Inc.)

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