Deducted Amount definition
Examples of Deducted Amount in a sentence
The Deducted Amount shall be netted against any Financial Settlement Amount, if any, owed between the Parties.
The portion of the Deducted Amount that may be deductible by Licensee hereunder shall equal the Deducted Amount times a fraction, the numerator of which is the Deducted Amount and the denominator of which is the amount that would be payable by the Sublicensee to Licensee if the Deducted Amount were not withheld.
Any remaining total Deducted Amount shall be included in Service Provider's monthly invoice for the month in which such reconciliation occurs and shall be due and payable to Service Provider pursuant to Section 15.02(c).
In addition, Parent shall deliver to eUniverse an additional amount equal to interest on the Deducted Amount for the period in which the Deducted Amount has been held in escrow, at the prime interest rate charged by the Federal Reserve Bank, San ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ as reported in the Wall Street Journal on the first day of the month in which the Disputed Claim is not allowed, to eUniverse.
In addition, the amount of damages payable by DEGICA to Applicant pursuant to the Agreement shall not exceed the Deducted Amount (however, not including a Settlement Business Provider’s prescribed fee) paid by Applicant to DEGICA over the past three months as of the point the damages are paid, unless caused by the willful intent or gross negligence of DEGICA.
DEGICA shall deliver to Applicant via bank transfer the amount remaining after deducting the Deducted Amount defined in Article 1(18) of the Agreement from a Payment.