Unsold Advertising Inventory Sample Clauses
The Unsold Advertising Inventory clause defines how advertising space that remains unpurchased or unallocated is handled within an agreement. Typically, this clause outlines whether the publisher retains the right to fill unsold slots with their own promotions, third-party ads, or public service announcements, and may specify any revenue-sharing arrangements if such inventory is later sold. Its core function is to clarify the disposition of unused advertising opportunities, preventing disputes and ensuring both parties understand their rights and obligations regarding unsold ad space.
Unsold Advertising Inventory. Licensee shall provide to Licensor, and Licensor shall be entitled to use, a pro-rata share of six percent (6%) of Licensee's unsold advertising inventory, which Licensor may use to promote Licensed Content owned and/or controlled by Licensor. Licensor's pro-rata share of unsold advertising inventory shall be determined by using the fraction used in calculating Licensor's Music Royalty Share multiplied by six percent (6%) of the unsold advertising inventory available based upon the previous quarter's royalty calculation (or in the case of the Service's first quarter after launch, a commercially reasonable estimate of the same).
Unsold Advertising Inventory. In addition to the Advance set forth in paragraph 5 above, and the Royalties set forth in paragraph 6 above, Licensee shall provide to EMI, and EMI shall be entitled to use, a pro-rata share of six percent (6%) of Licensee’s unsold advertising inventory, which EMI may use to promote its writers and publishing companies that it owns, controls or administers. EMI’s pro rata share shall be determined by using the fraction used in calculating the EMI Basic Royalty Share during the preceding quarter.
Unsold Advertising Inventory. SpiralFrog shall provide to IODA, and IODA shall be entitled to use, a pro-rata share of twenty-five percent (25%) of SpiralFrog’s unsold advertising inventory, which IODA may use to promote Distributed Content owned and/or controlled by IODA. IODA’s pro-rata share of unsold advertising inventory shall be determined by using the fraction used in calculating IODA’s Music Royalty Share multiplied by twenty-five percent (25%) of the unsold advertising inventory available based upon the previous quarter’s royalty calculation (or in the case of the Service’s first quarter after launch, a commercially reasonable estimate of the same). IODA’s share of unsold advertising inventory is exclusively provided to IODA for use by IODA and may not be sold, exchanged, transferred, bartered or donated to any other party (including IODA’s Represented Labels, artists, affiliates, partners or associated entities) and may not be utilized for any purpose other than to promote Distributed Content owned and/or controlled by IODA. SpiralFrog reserves the right to reject any advertising, which it, in good faith, considers (i) offensive to its audience or (ii) in violation of this Section 3(e).
Unsold Advertising Inventory. Licensee shall provide to Licensor, and Licensor shall be entitled to use, a pro-rata share of six percent (6%) of Licensee's unsold advertising inventory, which Licensor may use to promote Licensed Content owned and/or controlled by Licensor. Licensor's pro-rata share of unsold advertising inventory shall be determined by using the fraction used in calculating Licensor's Music Royalty Share multiplied by six percent (6%) of the unsold advertising inventory available based upon the previous quarter's royalty calculation (or in the case of the Service's first quarter after launch, a commercially reasonable estimate of the same).
(e) Licensee will use its best efforts to track Music Plays, Service-wide Music Plays, Video Streams and Service-wide Video Streams using the system of each Covered Device, which systems are subject to interruptions and other interference not within Licensee's control, and that such interruptions and other interference will affect the royalty calculations set forth above.
(f) If, during the Term of this Agreement, we have an agreement with any third party publisher ("Other Agreement") granting us the same distribution and reproduction rights granted hereunder in third-party-owned musical compositions or shares of musical compositions, yet prescribing a royalty computation method ("Other Method") which, if used under this Agreement, would result in royalty computations more favorable to you than that prescribed in this Section 3, we will so advise you and will pay you royalties based on the Other Method instead, for the portion of the Term of this Agreement during which the Other Agreement is effective. 4.