Common use of Percentage Calculation Clause in Contracts

Percentage Calculation. For purposes of determining the number of Current Films to which the ten percent (10%) applies pursuant to Section 3.3, any partial number of 0.5 or greater shall be rounded up and any partial number of less than 0.5 shall be rounded down (e.g., assuming thirty seven (37) Current Films, ten percent (10%) of such Current Films would be deemed to be four (4) Current Films).

Appears in 5 contracts

Samples: Demand License Agreement, Demand License Agreement, Demand License Agreement

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Percentage Calculation. For purposes of determining the number of Current Films per Avail Year to which the aforementioned ten percent (10%) applies pursuant to Section 3.33.6 or Section 3.7,3.3, any partial number of 0.5 or greater shall be rounded up and any partial number of less than 0.5 shall be rounded down (e.g., assuming thirty seven (37) Current Films, ten percent (10%) of such Current Films would be deemed to be four (4) Current Films).

Appears in 1 contract

Samples: Video on Demand License Agreement

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Percentage Calculation. For purposes of determining the number of Current Films per Avail Year to which the aforementioned ten percent (10%) applies pursuant to Section 3.33.6 or Section 3.7, any partial number of 0.5 or greater shall be rounded up and any partial number of less than 0.5 shall be rounded down (e.g., assuming thirty seven (37) Current Films, ten percent (10%) of such Current Films would be deemed to be four (4) Current Films).

Appears in 1 contract

Samples: Video on Demand License Agreement

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