Brand Income definition

Brand Income means any and all Gross Monies, other than Excluded Income, that are payable to Participant after the Effective Date as a result of Participant’s activities (including licensing or assignment of rights) in the Field, including (a) Distributions in connection with any Indirect Fantex Equity or Indirect Fantex Co-Investments, and (b) an amount equal to the fair market value of any Merchandise Income.
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Brand Income has the meaning set forth on Exhibit B attached hereto, which excludes the Excluded Income (as defined below), if any.
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Brand Income means any and all gross monies or other consideration of any type that Participant may earn, other than Excluded Income (as defined in the Letter Agreement), as a result of Participant’s activities (including licensing of rights of the Participant’s Persona) in the Field. For the avoidance of doubt, Brand Income shall include Distributions in connection with any Indirect Fantex Equity and/or Indirect Fantex Co-Investments (subject to Section (B) below) and an amount equal to the fair market value of any Merchandise Income (subject to Section (C) below).
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Examples of Brand Income in a sentence

  • Commencing upon the Effective Date and continuing through the date that is twelve (12) months after termination of this Agreement (“Audit Period”), Vestible or its authorized representatives shall have the right to inspect and make copies of the books and records of Participant (and its Affiliates) relating to the Brand Income Contracts, the Brand Income, and Brand Amount.

  • Notwithstanding anything herein to the contrary, Vestible shall have the right to disclose the terms and conditions of this Agreement and/or any other information provided by Participant related to this Agreement or the Offering or Series (including Brand Income Contracts, subject to Section 6.5 of these Terms and Conditions), to the extent that such disclosure is required by applicable law in connection with any filing related to the Offering or the Series.

  • Participant shall provide to Vestible such additional information as Vestible shall reasonably request from time to time (in a reasonable amount of time after such request) in connection with the Brand Income and Participant’s participation in the Principal Business; provided, that Vestible shall use commercially reasonable efforts to limit any such requests to no more than once per calendar quarter.

  • Concurrent with delivery of each Quarterly Report (as required by Section 5.1 of these Terms and Conditions), Participant shall also provide copies of all receipts, invoices, pay stubs, or other documents evidencing all Brand Income referenced in the applicable Quarterly Report.

  • Participant shall deliver an irrevocable payment instruction in the form attached as Exhibit C to the Agreement to each payor of Brand Income (other than Nonrecurring Brand Income), and otherwise use commercially reasonable efforts to ensure that the Brand Amount is assigned to Vestible and delivered directly to Vestible from each such payor of Brand Income.

  • Participant desires to sell to Vestible an interest in Participant’s Brand Income pursuant to the terms and conditions of this Agreement.

  • I have had the opportunity to consult with legal counsel regarding this consent and the Agreement; and I am aware that pursuant to the provisions of the Agreement, my spouse agrees to grant a percentage of my spouse’s Brand Income in the form of all right, title and interest in the Brand Amounts to Vestible, which may include community property interest I may have thereof, if any.

  • Participant shall deliver an irrevocable payment instruction in the form attached as Exhibit C to the Agreement to each payor of Brand Income (other than Nonrecurring Brand Income), and otherwise use commercially reasonable efforts to ensure that the Brand Amount is assigned to Vestible and tdelivered directly to Vestible from each such payor of Brand Income.

  • Participant desires sell to Vestible an interest in Participant’s Brand Income pursuant to the terms and conditions of this Agreement.


More Definitions of Brand Income

Brand Income means, other than excluded income, as the context requires:
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Brand Income means any and all gross monies or other consideration of any type that Participant may earn, other than Excluded Income (as defined in the Letter Agreement), as a result of Participant’s activities (including licensing of rights) in the Field. For the avoidance of doubt, “Brand Income,” with respect to any Brand Income Contract, shall expressly not include any merchandise (or the value thereof) or merchandise credit that is immaterial in the overall context of such Brand Income Contract, as determined by Fantex in its reasonable discretion after meaningful consultation with Participant. The term “gross monies or other consideration” shall include, without limitation, salaries, earnings, fees, royalties, bonuses, shares of profit, shares of stock, partnership interests, percentages and the total amount paid for any activities in the Field, and received by Participant or Participant’s heirs, executors, administrators or assigns, or by any other Person on Participant’s behalf, net of any self-employment taxes to which Participant is subject in connection with the receipt of such amounts or items to the extent that such amounts or items constitute Brand Income, but prior to the deduction or withholding of (a) any amounts payable to any third party (e.g., agency commissions), (b) any voluntary or personal deductions (e.g., contributions to retirement funds), or (c) any taxes required to be deducted or withheld by any federal, state or local government authority based on the net income of Participant (but excluding any deduction or withholding for payroll, medicare or FICA taxes or other deductions or payments required to be made to any federal, state or local government authority). In the event that Participant receives, as all or part of any Brand Income, stock or other equity interests (including membership interests and partnership interests) or the right to purchase stock or other equity interests, then the Brand Percentage of such stock or other equity interest, or right to buy stock or other equity interest, shall be delivered to Fantex as the applicable Brand Amount. Should Participant be required to make any payment for such stock or other equity interest, then Fantex shall contribute its pro rata share of such payment. In addition, with respect to any such stock or other equity interest, or any right to purchase stock or other equity interest, Fantex shall make a payment to Participant, within five (5) business days after delivery of the stock or other...
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Related to Brand Income

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Earned Income means the same as that term is defined in § 32(c) of the Internal Revenue Code. The

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Unearned income means any income which is not earned income and includes supplemental security income (SSI) and other funds available to a child residing in a foster care placement.

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Household income means the combined income of the members

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Moderate Income means more than 50 percent but less than 80

  • Gains means, with respect to any Party, an amount equal to the present value of the economic benefit to it, if any (exclusive of Costs), as of the Early Termination Date resulting from the termination of this Agreement, expressed in dollars and determined in a commercially reasonable manner. Factors used in determining the gain of economic benefit to a Party may include:

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Unpaid income tax means income tax due but not paid by the date the income tax is required to be paid under applicable law.

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Other Income Benefits means any benefits listed in the Other Income Benefits provision that you receive on your own behalf or for your dependents, or which your dependents receive because of your entitlement to Other Income Benefits.

  • Per capita income means the average for the most recent three years for

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.