Remuneration of the Parties Sample Clauses

Remuneration of the Parties. The revenues received by the parties from the sales of the Product shall be divided between the parties as follows:
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Remuneration of the Parties. The revenues received by the parties from the sales of Finished Product in their respective territories shall be divided between the parties as follows: For the Crazy English Territory: Lingo Media shall receive (i) ten percent (10%) of the List Price for quantities up to and including 20,000 copies per title; (ii) eleven percent (11%) for quantities greater than 20,001 copies up to and including 30,000 copies per title; and (iii) twelve percent (12%) for quantities greater than 30,0001 copies per title based on the Gross Sales and Crazy English shall retain the balance. Additionally, Crazy English agrees to pay a one-time non-repayable earned royalty fee as an advance on account payable to Lingo Media in the amount of US $ 43,000.00 within nine (9) months from the date of this Amendment based on Lingo Media's delivery of manuscripts for the balance of the three (3) titles including: English in Presentations, English in Insurance and English in Marketing. This payment is part of the consideration for granting the co-publishing and sales rights to Crazy English for the People's Republic of China on an exclusive basis for the English In Business Communications series and the milestone for this payment is the delivery of the final three (3) manuscripts. Each Party will be responsible for the remuneration of their authors. Notwithstanding anything contained in the individual Product Agreement: For the Lingo Media Territory: Crazy English shall receive four percent (4%) on net receipts resulting from international sales in the Lingo Media Territory. Furthermore, Lingo Media shall have the sole and exclusive right to produce, publish and sell the Products described in above indicated Product Agreement in volume and audio form in all languages and territories throughout the World, excluding the Crazy English Territory (means, the People's Republic of China excluding Hong Kong, and Macao). Additionally, in the above-indicated Product Agreement, Subsidiary Rights will be understood to exclude the above-mentioned volume and audio form.
Sample 1
Remuneration of the Parties. The revenues received by the parties from the sales of Finished Product shall be divided between the parties as follows: Lingo Media shall receive twelve percent (12%) for quantities up to and including 20,000 copies, eleven percent (11%) for quantities greater than 20,001 copies up to and including 30,000 copies, and ten percent (10%) for quantities greater than 30,0001 copies based on the Gross Sales and Crazy English shall retain the balance for each 12 month period. Each party will be responsible for the remuneration of their authors.
Sample 1

Related to Remuneration of the Parties

  • Remuneration The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent hereunder and shall, pursuant to its obligations under this Agreement, reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder.

  • Remuneration of Directors The directors are entitled to the remuneration for acting as directors, if any, as the directors may from time to time determine. If the directors so decide, the remuneration of the directors, if any, will be determined by the shareholders. That remuneration may be in addition to any salary or other remuneration paid to any officer or employee of the Company as such, who is also a director.

  • Remuneration and Expenses Subject to any unanimous shareholder agreement, the directors shall be paid such remuneration for their services as the board may from time to time determine. The directors shall also be entitled to be reimbursed for traveling and other expenses properly incurred by them in attending meetings of the Board or any meetings of the Board or any committee thereof. Nothing herein contained shall preclude any director from serving the Corporation in any other capacity and receiving remuneration therefor.

  • Remuneration and Benefits Subject to the Company’s policies and practices, during the Term, the Executive shall be entitled to the following remuneration and benefits (on a cumulative basis):

  • Compensation of the Adviser For all of the services to be rendered and payments to be made as provided in this Agreement, as of the last business day of each month, the Fund will pay you a fee at the annual rate of 1.50% of the average value of its daily net assets. The average value of the daily net assets of the Fund shall be determined pursuant to the applicable provisions of the Declaration of Trust of the Trust or a resolution of the Board, if required. If, pursuant to such provisions, the determination of net asset value of the Fund is suspended for any particular business day, then for the purposes of this paragraph, the value of the net assets of the Fund as last determined shall be deemed to be the value of the net assets as of the close of the business day, or as of such other time as the value of the Fund's net assets may lawfully be determined, on that day. If the determination of the net asset value of the Fund has been suspended for a period including such month, your compensation payable at the end of such month shall be computed on the basis of the value of the net assets of the Fund as last determined (whether during or prior to such month).

  • Compensation of the Manager For the services to be rendered by the Manager as provided in this Agreement, the Fund shall pay to the Manager a fee computed on the aggregate net asset value of the Portfolio as of the close of each business day and payable monthly at the annual rate of 0.20%. In the event that this Agreement is terminated at other than a month-end, the fee for such month shall be prorated, as applicable.

  • Compensation of the Advisor Each Fund agrees to pay to the Advisor and the Advisor agrees to accept as full compensation for all services rendered by the Advisor pursuant to this Agreement, a fee accrued daily and paid monthly in arrears at an annual rate listed in Appendix A with respect to the Fund’s average daily net assets. For any period less than a month during which this Agreement is in effect, the fee shall be prorated according to the proportion which such period bears to a full month of 28, 29, 30 or 31 days, as the case may be. The fee payable to the Advisor under this Agreement will be reduced to the extent required by any expense limitation agreement. The Advisor may voluntarily absorb certain Fund expenses or waive all or a portion of its fee.

  • Compensation of the Sub-Adviser As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Sub-Adviser shall be paid the fees in the amounts and in the manner set forth in Appendix A hereto.

  • Compensation of the Sub-Advisor a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.15% of the average daily net assets of the Fund. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof.

  • Compensation of the Local Manager For the services rendered, the facilities furnished and expenses assumed by the Local Manager, MSIM shall pay to the Local Manager a fee in an amount to be determined from time to time by MSIM and the Local Manager but in no event in excess of the amount that MSIM actually received for providing services to the Fund pursuant to the Advisory Agreement.

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