Common use of Royalty Fee Clause in Contracts

Royalty Fee. In full consideration of all Royalty Fees due to Artist(s), ArtisTech shall pay Artist(s) seventy-five percent (75%) of all Net Revenues actually received by ArtisTech from a Sale, in whole or in part, ("Royalty Fee"). The Artist(s) agree herein agrees to split its 75% share of Net Revenues as follows: 50% (37.5% of Net Revenues) to Remixing Artist, with an equal share of the remaining 50% (37.5% of Net Revenues) to be split equally between all Sampled Artists. Payments to Artist and Sampled Artists shall be managed by ArtisTech as outlined in section 4.5 Payment Terms, below.

Appears in 3 contracts

Samples: Distribution Agreement, Distribution Agreement, Distribution Agreement

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Royalty Fee. In full consideration of all Royalty Fees due to Artist(s), ArtisTech shall pay Artist(s) seventy-five fifty percent (7550%) of all Net Revenues actually received by ArtisTech from a Sale, in whole or in part, ("Royalty Fee"). The Artist(s) agree herein agrees to split its 7550% share of Net Revenues as follows: 50% (37.5% of Net Revenues) to Remixing Artist, with an equal share of the remaining 50% (37.5% of Net Revenues) to be split equally between the Remix Artist and all Sampled ArtistsArtists include in the remix. Payments to Artist and Sampled Artists shall be managed by ArtisTech as outlined in section 4.5 Payment Terms, below.

Appears in 1 contract

Samples: Distribution Agreement

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