PERCENTAGE SPLITS Sample Clauses

PERCENTAGE SPLITS. The parties shall receive the following percentages of revenue generated as a result of WebTV Subscribers and/or WebTV Products accessing TalkCity Content. The split shall be based as a percentage of total traffic from WebTV Subscribers or WebTV Products as an overall percentage of all traffic to TalkCity Content.
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PERCENTAGE SPLITS. Every [****] after the Launch Date, N2K and Netscape shall calculate the Net Revenues generated by the Service, and N2K and Netscape shall share Net Revenues generated by the Service in the following manner: If the cumulative Net Revenues beginning on the Launch Date are less than [****], N2K shall pay Netscape [****] of the cumulative Net Revenues; If the cumulative Net Revenues beginning on the Launch Date are less than [****] but greater than [****], N2K shall pay Netscape [****] of the cumulative Net Revenues; If the cumulative Net Revenues beginning on the Launch Date are greater than [****], N2K shall pay Netscape [****] of the cumulative Net Revenues Notwithstanding the foregoing, if N2K offers deeply discounted Music Products such that the Net Revenues generated by the sale of such Music Products is less than [****] of the selling price of the Music Products, such Net Revenues from the sale of deeply discounted Music Products shall not be included in the calculation of Net Revenues to be shared between the parties; provided, however, that the sale of deeply discounted Music Products shall not account for over [****] of the total number of units of Music Products sold in any given six-month period.
PERCENTAGE SPLITS. The parties shall receive the following percentages of the Partner realized revenue generated as a result of WebTV Network subscribers visiting Partner Content, calculated after the deduction of the costs (listed in part 3 of this Exhibit C) on a monthly basis as follows: Type of Revenue Stream Partner % Share WNI % Share Advertising revenue [****] [****] During the first ninety (90) days, following execution of this Agreement, Partner shall receive all advertising revenue generated as a result of WebTV Network subscribers visiting Partner Content. Thereafter, the revenue generated shall be split as described in Section 2 of Exhibit C. The percentage splits for premium service revenue and transaction revenue shall be adhere the following schedule: (a) Partner will pay to WNI a royalty of [****] of the selling price of Music Boulevard music products, such as, but not limited to, CDs, tapes, and records, sold by Partner to WebTV Network subscribers who have linked from the WebTV Network prior to making a purchase (excluding shipping, handling, database processing fees, and credit card validation fees). In the event Partner offers WebTV Network subscribers multiple payment methods for purchases of Partner products, Partner agrees to evaluate ways to differentiate purchases made by WebTV Network subscribers from all other purchases. (b) For all other items sold by Partner in Music Boulevard through the WebTV Network and not covered in paragraph (a) above such as but not limited to videos, apparel, memorabilia, and event tickets, Partner will pay to WNI [****] of the net profits of these items. For purposes of this agreement, net profit is defined as the selling price of the item (excluding charges to customers such as shipping, handling, database processing fees, credit card validation fees, pick and packaging fees, and database and music licensing fees) minus the wholesale cost Partner paid for the item. In the event Partner offers WebTV Network subscribers multiple payment methods for purchases of Partner products, Partner agrees to evaluate ways to differentiate purchases made by WebTV Network subscribers from all other purchases. WNI and Partner shall each receive an annual statement of revenues, the calculation of the percentages, payments made and a verification of accuracy from an officer of the other party regarding the revenue share payments and report. Either party may elect to perform an audit of such revenue sharing calculations at its own expense,...

Related to PERCENTAGE SPLITS

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

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  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

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