SELLER CREDIT. The (“Buyer”) shall credit the composer / producer of track, the (“Seller”) in all media releases. The (“Seller”) shall deliver the (“Beat”) to the (“Buyer”) in the form of a 320k Mp3 file with minimal tags. (“Buyer”) has the right to perform, record, reproduce, distribute, stream, and sell the (“New Song”) worldwide. These rights are subject only to the limits described below. • Distribution: (“Buyer”) may distribute a maximum of 500 units of the (“New Song”) combining hard copies, digital copies, and digital downloads, all units provided royalty free. • Streaming: (“Buyer”) may generate up to 15,000 streams of the (“New Song”) on streaming services such as Apple Music, Amazon Music, Deezer, Napster, Pandora, Spotify, and similar distribution services.
SELLER CREDIT. The Buyer shall credit the producer of track in media releases. The Seller shall deliver the Beat in a mixed MP3 audio file format.
SELLER CREDIT. The Seller does not hold a credit or any right to receive a credit or payment from the Company nor the Company holds a credit or any right to receive payments from the Seller (due to personal expenses or any other reason).
SELLER CREDIT. The Buyer shall credit the producer of track in media releases. The Seller shall deliver the Beat in an untagged master MP3 file + an untagged master WAV file + tracked out WAV files.
SELLER CREDIT. Participants that have maintained a Net Sell Position for each of the prior 12 months are eligible for Seller Credit, which is an additional form of Unsecured Credit. A Participant’s Seller Credit will be equal to sixty percent of the Participant’s thirteenth smallest weekly Net Sell Position invoiced in the past 52 weeks. Each Participant receiving Seller Credit must maintain both its Seller Credit and its Total Net Sell Position equal to or greater than the Participant’s aggregate credit requirements, less any Financial Security or other sources of credit provided. For every participant receiving Seller Credit, PJMSettlement will maintain a forecast of the Participant’s Total Net Sell Position considering the Participant’s current Total Net Sell Position, recent trends in the Participant’s Total Net Sell Position, and other information available to PJMSettlement, such as, but not limited to, known generator outages, changes in load responsibility, and bilateral transactions impacting the Participant. If PJMSettlement’s forecast ever indicates that the Participant’s Total Net Sell Position may in the future be less than the Participant’s aggregate credit requirements, less any Financial Security or other sources of credit provided, then PJMSettlement may require Financial Security as needed to cover the difference. Failure to pay the required amount of additional Financial Security within two Business Days shall be an event of default. Any Financial Security required by PJMSettlement pursuant to these provisions for Seller Credit will be returned once the requirement for such Financial Security has ended. Seller Credit may not be conveyed to another entity through use of a guaranty.
SELLER CREDIT. A Seller Credit is a form of Unsecured Credit extended to Participants that have a consistent long-term history of selling into PJM Markets, as defined in this document. Tangible Net Worth is all assets (not including any intangible assets such as goodwill) less all liabilities. Any such calculation may be reduced by PJMSettlement upon review of the available financial information.
SELLER CREDIT. Notwithstanding Section 14.1(c) [Letters of Credit], for any period of the Services Term during which Seller is a Qualified Seller, the amount of the Services Term Letter of Credit shall be reduced by Seller’s then-current Unsecured Credit Amount.
SELLER CREDIT. The Buyer shall include a credit on all physical and electronic copies of the New Work and the master sound recording acknowledging Seller’s role in the creation of the New Work. AAcccceeppttaabblelepprirnitnetdedcrecdreitdsiitnscilnudcleu:mdeu:s“ic(Pprrooddu. cPeDdUbBy wTHesEtcPoaRsOt DstUonCeER)” and “Prod. by PDUB
SELLER CREDIT. The Buyer shall credit the Seller in the title of media releases with: (Produced by Nadir Nineteen).
SELLER CREDIT. The Buyer shall include a credit on all physical and electronic copies of the New Work. Acceptable printed credits include: “(Prod. PDUB THE PRODUCER)” and “Prod. by PDUB THE PRODUCER.” Said credit shall be provided and displayed with all deployments of the New Work on streaming and sharing services such as Pandora, Spotify, YouTube, and all similar services. DELIVERY OF INSTRUMENTAL Seller shall deliver an untagged, mastered Instrumental in the WAV audio file format. Tracked out files of the Instrumental shall be delivered in the WAV format. DELIVERY OF NOTICES TO SELLER Any notice or document required of Seller to the Buyer may be delivered by Mail to: PDUB THE PRODUCER LLC, 0000 Xxxxxxx Xxx Xxxx 000, Xxxxxxxx, XX 00000, or by e-mail at: xxxxxxxxxxxxxxx@xxxxx.xxx.
