SPE Share of Classic Merchandising Sample Clauses

SPE Share of Classic Merchandising. “SPE Share of Classic Merchandising” means the SPE Share multiplied by an amount equal to (A) Marvel’s Classic Merchandising Net Receipts on a cumulative year-to-date basis for then-current calendar year, less (B) the applicable Pro-rated Baseline Amount; provided that if, over the entire Sharing Period, the SPE Share of Classic Merchandising actually accruing to SPE pursuant to the quarterly year-to-date accounting provision of this Section 11.f exceeds the amount to which SPE would have been entitled if the Sharing Period were treated as a single accounting period, SPE shall apply the difference against the Unrecouped SPE Merchandising Participation (and if there is any remaining balance, SPE shall promptly pay that balance to Marvel). For purposes of the preceding proviso, the amount to which SPE would have been entitled if the Sharing Period were treated as a single accounting period means the SPE Share multiplied by an amount equal to (x) Marvel’s Classic Merchandising Net Receipts for the entire Sharing Period less (y) the Baseline Amount.
Sample 1
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