Common use of Sound Recording Clause in Contracts

Sound Recording. Revenue earned by Seller in connection with the sale and exploitation of the Sound Recording in the Portfolio, if applicable, will be paid at the Percentage Interest and for the applicable Revenue Sources (e.g., Streaming, Neighboring Rights) as set forth in Schedule A. Sales shall be determined by reference to the royalty statements from the royalties credited to Seller by Pxxxx, Distributor, Artist or other third party for the applicable calendar quarter or bi-yearly, which shall be conclusive and binding upon the Parties, absent manifest error.

Sound Recording. Revenue earned by Seller in connection with the sale and exploitation of the Sound Recording in the Portfolio, if applicable, will be paid at the Percentage Interest and for the applicable Revenue Sources (e.g., Streaming, Neighboring Rights) as set forth in Schedule A. Sales shall be determined by reference to the royalty statements from the royalties credited to Seller by Pxxxx, Distributor, Artist or other third party for the applicable calendar quarter or bi-yearly, which shall be conclusive and binding upon the Parties, absent manifest error.