Examples of ERA Members in a sentence
The Licensee acknowledges that for this purpose ERA may share this information with ERA Members and for the purpose of compliance with statutory and regulatory requirements.
ERA Members will be required to submit to ERA an invoice for payment of sums stated as due in Statements sent to the ERA Member (together with any relevant VAT).
The deductions which may be made and retained by ERA from sums otherwise payable to an ERA Member under the ERA Distribution Policy are:- An appropriate share of ERA’s management fees and reasonable allocations to reserves as is approved by ERA Members in accordance with the Policy on Deductions.
This project should significantly reduce the need for short term construction of cleanout risers for Kekaha Phase 2 until further expansion is required.
The ERA Members elect members of the Board of Directors in General Meeting (following nominations for vacancies having been received).
By agreement with ERA Members and the authorities responsible for educational establishments within the Isle of Man and the Channel Islands, ERA Licences are also granted for the benefit of educational establishments within the Isle of Man, Jersey and Guernsey.
ERA is therefore able to allocate all distributable revenue to its Members as owners of ERA Repertoire in accordance with the approved ERA Distribution Policy without provision for claims from owners who are not ERA Members or represented by ERA Members at the time when approval for distributions is confirmed.
With effect from the date of adoption of this policy, the Members of ERA have agreed and have instructed ERA to apply a specified Net revenue percentage allocated to each of the five Categories of ERA membership calculated in accordance with the objective criteria set out in 1.2. For this purpose “Net revenue” is the amount that ERA Members approve as the total sum due to be distributed and paid to ERA Members when approval for a relevant distribution is confirmed.
For each accounting period for which ERA Members shall have approved a distribution (and not less than once a year) ERA shall send a statement in the form of a request for invoice setting out in detail the royalties fees and other sums to be distributed to the Member on a specified Distribution Date.
ERA Members can agree to review the overall allocations provided in this Distribution Policy as provided by the ERA Articles of Association (which may also involve referral to a Dispute Resolution Procedure as defined).