Performance Rights. The Licensor here by grants to Licensee a non-exclusive license to use the Master Recording in Unlimited non-profit performances, shows, or concerts. Licensee may receive compensation from performances with this license.
Performance Rights. Any public performance of the Project is subject to the clearance of the applicable public performance rights in force from time to time applied by the performing rights society in each part of the Territory in accordance with their respective prevailing terms and conditions.
Performance Rights. The Licensee is allowed to use the licensor's musical composition for profit in live performances.
Performance Rights. Lessee shall be responsible for payment of any and all royalties for copyrighted material used during the course of Lessee’s event. Payment shall be deducted at final settlement and shall consist of monies withheld and due ASCAP (at the rate of .8% of Net Adjusted Gross Box Office Receipts), BMI (at the rate of .8% of Net Adjusted Gross Box Office Receipts), and SESAC (at the rate of total attendance multiplied by 0.0221). The aforementioned rates are as of August 20, 2010 and subject to change. Berkshire Theatre Group will remit royalty payments on behalf of the Lessee.
Performance Rights. (a) Offeror acknowledges and agrees that:
(i) the Board of Directors shall resolve that all Common Shares issuable pursuant to Performance Rights, regardless of whether the applicable performance targets have or have not been met, shall be issued concurrent with the first scheduled expiry time of the Offer in respect of which Offeror takes up Common Shares; and
(ii) it shall agree with Goldbelt to tendering arrangements in respect of the Offer in order to facilitate the conditional tender to the Offer, concurrent with the first scheduled expiry time of the Offer in respect of which Offeror takes up Common Shares, of the Common Shares to be issued pursuant to Performance Rights in accordance with Section 2.4(a)(i) (including providing for the ability of holders of Performance Rights to tender the Common Shares issuable pursuant to such Performance Rights on the basis of guaranteed deliveries).
(b) Goldbelt shall use its commercially reasonable best efforts to cause all holders of Performance Rights to conditionally tender the Common Shares issued as a result of the acceleration of the Performance Rights pursuant to Section 2.4(a)(i) and to deliver, not later than five business days prior to the first scheduled expiry date of the Offer, (and not withdraw) to the appropriate person(s) all such documents as may be necessary or desirable to tender such Common Shares to the Offer.
(c) In the event that all necessary approvals to issue any Common Shares pursuant to any Performance Rights have not been obtained on or before the first scheduled expiry time of the Offer in respect of which Offeror takes up Common Shares, Goldbelt will cause such Performance Rights to be terminated concurrent with the first scheduled expiry time of the Offer in respect of which Offeror takes up Common Shares.
(d) From and after the first scheduled expiry time of the Offer in respect of which Offeror takes up Common Shares, there shall be no Common Shares issuable pursuant to Performance Rights.
Performance Rights. The Licensor hereby grants to the Licensee a non-exclusive license to use the Master Recording in
Performance Rights. The Licensor hereby grants to Licensee a non-exclusive license to use the Master Recording in unlimited profit performances, shows or concerts. Synchronization Rights The Licensor hereby grants synchronization rights for unlimited music videos streamed online (YouTube, Vimeo etc..) for unlimited monetized video streams. The Licensor also grants the Licensee synchronization rights for unlimited monetized audio streams to sites like Spotify, Rhapsody etc..
Performance Rights. If the Company wishes to acquire publishing rights in any composition and if publishing rights in any composition are granted to the Company then it will want to receive and retain 100% of the so-called "publisher's share" of performance income. The same applies to the ‘label share’ in the masters if additional rights are granted to the Company. The Composer must always be entitled (as in this clause) to collect 100% of the writers’ and performers’ shares of public performance income (collected by PRS/PPL and other performing rights organisations (‘PROs') ) from the Works when they are used in the Programme. Specifically, the PPL only collect ‘neighbouring rights’ income (which is what income from public performance of masters is called outside the UK) when the masters have been ‘commercially released’. It is usually sensible for the Composer to join the PRS or another PRO; the Company or its licensees must be obliged to pay all public performance monies that may be due for broadcast (etc) of the Programme. If the Composer is a member of a PRO, the performance right in Composer’s musical works is automatically assigned to the relevant PRO. The relevant PRO licenses broadcasts (etc) then distributes the income generated to composers, publishers and other copyright/performance rights owners according to the duration and medium of each performance or broadcast (etc). In order to distribute the income, the relevant PRO relies on receiving accurate music cue sheets from broadcasters. The cue sheet prepared by the Composer should therefore include separate titles and timings for each cue. There should be an obligation on the Company to use the accurate cue sheet. The BBC, Channel 4 and ITV all have blanket licence agreements with the PRS covering the public broadcast of music on TV and radio. Composer should make sure that the credit Composer wants is made known to the Company and that Composer provides the Company with any photographs and biographies that Composer wants to be used in promotion for the Programme. The warranties in this clause are fairly standard and essentially promise that the Composer owns all the rights. Composer needs to check these carefully though to ensure they are all true. The Composer should make sure the Works are original or, if they intend to include any samples, Composer must first check with the Company, then clear them and get company’s approval before including anything in the final version. All the Works must be fully cleared b...
Performance Rights. In consideration for the services to be provided by the Employee under this engagement, the Company will, issue up to 5,000,000 Performance Rights to the Employee (or its nominee) on the terms set out in Schedule 1 to this agreement which shall vest and be convertible into ordinary shares in the Company (on a one for one basis) as follows: (a) every time the Company enters into a binding agreement (term sheet or otherwise) with a Substantial Organisation, 250,000 of the Performance Rights will vest; and (b) in the event the Company has not entered into a minimum of four (4) binding agreements (term sheet or otherwise) with Substantial Organisations in every 12-month period, then, at the election of the Company, all remaining Performance Rights held by the Employee will lapse; and: (c) subject to paragraph (d) below, if the Mandate is validly terminated in accordance with its terms: (i) any unvested Performance Rights shall remain in existence for a period of 12 months (Run Off Period); (ii) in the event the Company is acquired, during the Run Off Period, by one of the Substantial Organisations that has been introduced by the Employee prior to the date of termination, then all unvested Performance Rights shall automatically vest; (iii) the Employee will no longer be able to achieve vesting of any unvested Performance Rights by achieving the criteria set out in clause 3.1(a) (because the Employee will no longer be performing any services for the Company); and (iv) at the end of the Run Off Period, all unvested Performance Rights shall automatically lapse, unless the period is extended by mutual agreement; and (d) in the event the Company terminates this Mandate in accordance with clause 4.1, all unvested Performance Rights will automatically lapse.
Performance Rights. Lessee shall be responsible for payment of any and all royalties for copyrighted material used during the course of Xxxxxx’s event. Payment shall be deducted at final settlement and shall consist of monies withheld and due ASCAP (at the rate of .8% of Net Adjusted Gross Box Office Receipts) and BMI (at the rate of .8% of Net Adjusted Gross Box Office Receipts). The aforementioned rates are as of August 20, 2010 and subject to change. Berkshire Theatre Group will remit royalty payments on behalf of the Lessee.
