Royalty Accountings Sample Clauses

Royalty Accountings. 8.01. Universal will compute your royalties as of each June 30 and December 31 for the prior six (6) months, in respect of each such six (6) month period in which there are sales or returns of Records or other exploitations of Masters on which royalties are payable to you. On or before the next September 30 with respect to the period ending June 30, and on or before March 31 with respect to the period ending December 31, Universal will send you a statement covering those royalties and will remit to you the net amount of such royalties, if any, after deducting any and all unrecouped Advances and chargeable costs under this agreement and such amount, if any, that Universal may be required to withhold pursuant to the applicable state tax laws, the U.S. Tax Regulations, or any other applicable statute, regulation, treaty, or law. No royalty statements will be required for periods during which no additional royalties accrue. In computing the number of Records sold, only Records for which Universal has been paid will be deemed sold, and Universal will have the right to deduct returns and credits of any nature and to withhold reasonable reserves therefor from payments otherwise due you. Returns will be treated as units sold or Free Goods in the same manner as in Universal's customer account. If Universal makes any overpayment to you (e.g., by reason of an accounting error or by paying royalties on Records returned later), you will reimburse Universal to the extent Universal does not deduct such sums from monies due you hereunder. Universal may at any time elect to utilize a different method of computing royalties provided such method does not decrease the net monies received by or credited to you hereunder.
Sample 1Sample 2
AutoNDA by SimpleDocs
Royalty Accountings. 10.1 You will receive copies. of all statements received by Company covering Your royalties. Said statements will be sent to You, together with any such royalty due You (if any), within ninety (90) days following the end of each semi-annual calendar period, provided such monies have become good funds. if Company has overpaid You, You will promptly reimburse Company, unless Company is in a position to apply such deficiency to Your royalty account. Company shall have no liability or responsibility for a breach of timely payment by any of its Licensees, including Distributor.
Sample 1
Royalty Accountings. COMPANY wi l compute xxx alties p ay able to ART IS T hereunder as of July 31st and January 31st for each proceedin g six (6) month period. COMPANY will render a statement and p ay royalties due and pay able within thirty (30) days after the end of applicable period. ART IS T wi l receive each royalty p ay ment via electronic wire transfer (if amount exceeds the sum of € 200,00) or Paypal account (for any amount), per XXXXX T’s request. XXXXX T shall provide bank information for xxx xxxx p ayments via electronic wire transfers or an active Pay pal account.
Sample 1
Royalty Accountings. 6.1 The Company will compute the Developer's royalties hereunder on a calendar year quarterly basis. Within forty-five (45) days after the last day of each quarterly accounting period, the Company shall deliver to the Developer a statement covering such royalties and will pay any royalties owed simultaneously with delivery of the statement.
Sample 1
Royalty Accountings. (a) Company shall compute and pay royalties due you hereunder within thirty (30) days after Company has received accountings and payments from its distributor. Notwithstanding the foregoing, Company shall not be obligated to pay any share of recording funds or recording advances until thirty (30) days after delivery by Company and acceptance by the Distributor of the applicable Masters. Company may deduct from any royalty or other payment due to you under this Agreement any Advance against royalties, any charges or other sums recoupable hereunder from royalties, and any amount you may owe Company under this Agreement or otherwise.
Sample 1
Royalty Accountings. 11.01. (a) RISING STAR shall compute your royalties as of each June 30th and December 31st for the prior six (6) months, in respect of each such six (6) month period in which there are sales or returns of Records or any other transactions on which royalties are payable to you hereunder or liquidations of reserves established previously. On the next September 30th or March 31st RISING STAR shall send you a statement covering those royalties and shall pay you any royalties which are due after deducting unrecouped Advances.
Sample 1
Royalty Accountings. In the case of any Medium distributed by the Distributor and containing Masters :
Sample 1
AutoNDA by SimpleDocs

Related to Royalty Accountings

  • Monthly Accountings Silicon shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Silicon), unless Borrower notifies Silicon in writing to the contrary within thirty days after each account is rendered, describing the nature of any alleged errors or admissions.

  • Accountings Business Associate agrees to document such disclosures of Protected Health Information and information related to such disclosures as would be required for Covered Entity to respond to a request by an Individual for an accounting of disclosures of Protected Health Information in accordance with HIPAA.

  • Tax Accounting Except for Tax Returns described in paragraph 9 of Part 3 of this Exhibit A, Provider shall prepare, or cause to be prepared, all Tax Returns of the Company in accordance with Sections 7.5 and 7.6 of the LLC Agreement. Part 2: SCOPE OF ADMINISTRATIVE SERVICES

  • Access to Accounting Records All books and records of the Company shall be maintained at any office of the Company or at the Company’s principal place of business, and the Member, and its duly authorized representative, shall have access to them at such office of the Company and the right to inspect and copy them at reasonable times.

  • Royalty Reports and Accounting 10 6.1 "Royalty Reports; Records".................................... 10 6.2 "Payment Due Dates"........................................... 10 6.3 "Right to Audit Licensee"..................................... 11 6.4 "Right to Audit Cellegy"...................................... 11 6.5 "Overpayment or Underpayment of Burdened Cost"................ 11 6.6 "Disagreement with Auditor Findings".......................... 11

  • Accounting Records Maintain adequate books and records in accordance with generally accepted accounting principles consistently applied, and permit any representative of Bank, at any reasonable time, to inspect, audit and examine such books and records, to make copies of the same, and to inspect the properties of Borrower.

  • Accounting Books and Records The books and records of the Company shall be kept, and the financial position and the results of its operations recorded, in accordance with GAAP. The books and records shall reflect all Company transactions and shall be appropriate and adequate for the Company’s business. The Company shall maintain at its principal place of business: (i) a current list of the full name and last known address of each Member and Assignee set forth in alphabetical order, together with the Capital Contributions, Capital Account and Units of each Member and Assignee; (ii) the full name and address of each Director; (iii) a copy of the Articles and any and all amendments thereto, together with executed copies of any powers of attorney pursuant to which the Articles or any amendments thereto have been executed; (iv) copies of the Company’s federal, state and local income tax and information returns and reports, if any, for the six (6) most recent taxable years; (v) a copy of this Agreement and any and all amendments hereto, together with executed copies of any powers of attorney pursuant to which this Agreement or any amendments hereto have been executed; and (vi) copies of the financial statements of the Company, if any, for the six (6) most recent Fiscal Years. The Company shall use the accrual method of accounting in the preparation of its financial reports and for tax purposes and shall keep its books and records accordingly.

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts receipts and not including rentals or other payments under Space Leases) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

  • Other Accounting Reports Promptly upon receipt thereof, a copy of each other report or letter submitted to the Borrower or any of its Subsidiaries by independent accountants in connection with any annual, interim or special audit made by them of the books of the Borrower or any such Subsidiary, and a copy of any response by the Borrower or any such Subsidiary, or the Board of Directors of the Borrower or any such Subsidiary, to such letter or report.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!