FINANCIAL TERMS. (a) License Fee: The "License Fee" is the sum payable to Licensor for the rights licensed to Distributor. The License Fee is a minimum net sum and no taxes or charges of any sort may be deducted from it. The License Fee will be payable whether or not all telecasts for the Picture(s) actually occur.
(b) Royalty income: All amounts collected by any authors' rights organization, performing rights society or governmental agency which are payable to authors, producers or Distributors and which arise from royalties, compulsory licenses, cable retransmission income, tax rebates, exhibition surcharges or the like, will as between Licensor and Distributor be the sole property of Licensor. By way of illustration but not limitation, this will apply to such amounts arising from royalties collected by AGICOA, SACD, or similar organizations from cable retransmissions or television programs, and from collections by music performing or mechanical rights societies. Licensor has the sole right to apply for and collect all these amounts. If any of them are paid to Distributor, then Distributor will immediately remit them to Licensor with an appropriate statement identifying the payment.
(c) Documentation: Where, under the laws or rules of the country in the Territory, Distributor is required to make any registration filing or to obtain any permits or clearances with respect to the exploitation of any Licensed Rights in the Picture, then Distributor will do so promptly at its expense and provide Licensor with copies of all documents indicating full compliance with such requirements. For the sake of clarity, such requirements may include obtaining certificates of local subtitling/dubbing or copyright registration, acquiring quota permits or censorship clearances, or filing author societies, or registering the Picture to obtain royalties, rebates, or other allowances.
FINANCIAL TERMS. 3.1 The SND shall pay the Theatre a net amount of Euro 14 150,- netto (fourteen thousand one hundred and fifty Euros) for two properly delivered performances, in line with conditions specified by this Agreement. The SND shall pay the aforementioned sum upon an invoice issued by the Theatre. The Parties to the Agreement have agreed that invoice is due 30 days after delivery of the invoice to the SND. The Theatre is entitled to issue the invoice only after properly delivered performances in line with this Agreement and in line with conditions specified by this Agreement. Parties to the Agreement have agreed dohodli, že ak dôjde k riadnemu uskutočneniu len jedného predstavenia, patrí Divadlu odmena vo výške 11 650,- Euro netto (slovom: jedenásťtisíc šesťstopäťdesiat Euro). a v prípade riadneho odohrania obidvoch predstavení, suma vo výške celej odmeny podľa prvej vety tohto bodu Zmluvy.
3.2 SND sa zaväzuje uhradiť licenčné poplatky a iné náklady vyplývajúce z nárokov oprávnených osôb a držiteľov autorských a iných práv vyplývajúcich z vykonania divadelného predstavenia, vrátane tantiém (ďalej len „licenčné poplatky“) nasledovne: spolu v celkovom rozsahu 17 % Euro z hrubých tržieb za každé uskutočnené predstavenie (10% z hrubých tržieb -odmena pre autora diela Xxx Xxxxxx, 2.5% z hrubých tržieb - odmena pre autora adaptácie - Xxxxxx Xxxxxxx, 2.5% odmena z hrubých tržieb pre autora adaptácie - Xxxxx Xxxxxxx, odmena 2% z hrubých tržieb - autor hudby- Xxxxxx Xxxxxx),. Divadlo vystaví a zašle SND osobitnú faktúru. Zmluvné strany sa dohodli, že splatnosť faktúry je 30 dní od doručenia faktúry do SND.
3.3 Zdanenie honoráru podľa článku 3.1 a podľa článku
FINANCIAL TERMS. Should any “Disposition of Revenues” be indicated in para. 7 of the Basic Deal Terms, the following Financial Terms shall apply: In consideration of the rights granted hereunder Licensee shall pay to Licensor a non-refundable minimum guarantee if so indicated in para. 6.1 of the Basic Deal Terms at installments and due dates as indicated in para. 6.2 of the Basic Deal Terms. The Gross Receipts (as defined below) of the Program shall be applied by Licensee in the following order and manner: First - until such time as Licensee has recouped the minimum guarantee - if any - and his distribution expenses according to xxxxx. 6.1 & 8 of the Basic Deal Terms, Licensor’s share shall be 100% of such Gross Receipts. All further expenses incurred within the scope of the distribution and exploitation of the Program shall be borne solely by Licensee from Licensee’s share of Gross Receipts. Second - thereafter, all further receipts shall be applied according to the percentages indicated in para. 7 of the Basic Deal Terms. The term “Gross Receipts” shall mean the aggregate of all gross monies derived by Licensee, its subsidiaries, affiliates, actually received in dealing in, and leasing, licensing, rental, distribution and exploitation of the Program and all rights therein licensed by this agreement in the Territory. In computing such gross monies there shall be no reduction allowed for subsidiaries´, affliates´, sublicensees´ or agents´ fees or commissions of any kind. Licensee may only deduct, to the extent related to such gross monies, all monies to be paid by Licensee, its permitted sub-licensee, and agents as imposts, taxes and like charges, imposed by any government, or taxing authority based upon gross receipts, but not including any income, gross receipts or franchise taxes of Licensee, its sub- Licensee or agents. Amounts payable hereunder shall be paid to Licensor without any deductions (banking charges, transmittal costs, etc.) and in that currency, as Licensor may determine. The rate of exchange shall be the official rate prevailing at noon on the last bank business day of the respective accounting period. Licensee shall - commencing with the day when the Program is first released hereunder according to para. 11 of the Basic Deal Terms - submit to Licensor on a semi-annual basis an itemized statement of account covering the preceding three-month-period on the last working day of each month following such accounting period, which day shall also be the due date ...
FINANCIAL TERMS. 3.1 The SND shall pay the Theatre a net amount of Euro 16 470,- Euro netto (sixteen thousand four hundred and seventy Euros).for properly delivered performance, in line with conditions specified by this Agreement. The SND shall pay the aforementioned sum upon an invoice issued by the Theatre. The Parties to the Agreement have agreed that invoice is due 10 days after delivery of the invoice to the SND. The Theatre is entitled to issue the invoice only after properly delivered performance in line with this Agreement and in line with conditions specified by this Agreement. 3.2 SND shall pay the Theatre, pursuant to the concluded Agreement, part of the amount in line with article 3.1 of this Agreement, net amount of 8 690,- Euro netto (eight thousand six hundred ninety Euro) with due date 30 April 2019 at latest. The Theatre must deliver the issued invoice to the SND by the registered mail, only after this Agreement shall enter into forceThe Theatre is aware that when the advance payment is provided and paid in line with this point of the Agreement, part of the re-numeration in line with point 3.1 of this article of the Agreement will be paid lowered by the sum in line with this point of the Agreement.
FINANCIAL TERMS. License Fee: The “Flat Fee” is the sum payable to Licensor for the rights licensed to Distributor. The Flat Fee is a minimum sum and no charges of any sort may be deducted from it.