Sales-dependent remuneration Sample Clauses

Sales-dependent remuneration. For sales-dependent remuneration (see section II), the following shall apply: The publisher’s net revenue comprises all sales revenues minus any value added tax and minus either dealer discounts (through dealer sales) or distribution costs (through direct sales). The accrued amount of sales-dependent remuneration shall be calculated in arrears and paid by 31 May each year. Accrued fees amounting to less than NOK 200 shall be transferred to next year’s payment. Annual notice of sales shall be accompanied by such information concerning sales and revenues as required pursuant to section 70 of the Norwegian Copyright Act. If the original work consists of other copyrighted material, the translator’s sales-dependent fee may be reduced. Such a reduction shall be calculated based on this material’s share of the total volume of the work but cannot exceed 50 per cent.