Examples of Mechanical Royalties in a sentence
Mechanical Royalties shall not be payable with respect to musical compositions of one minute or less in duration.
The Distributor shall be entitled to import Audio-visual Works inclusive of Me- chanical Royalties provided that the exporter has entered into an agreement with NCB or NCB’s sister society of the exporting country covering payment of Me- chanical Royalties and subject to NCB’s prior approval of such imports inclusive of Mechanical Royalties.
Mechanical Royalties are calculated on the basis of the Turnover of the Distribu- tor of each Audio-visual Work.
Interest shall be charged on any difference between the advances paid and the actual Mechanical Royalties invoiced for the same Accounting Period from the date of invoice of the advance payment till the date of the royalty invoice.
The advance payment shall equal half the Mechanical Royalties invoiced by NCB for the equivalent Accounting Period the year before.
The Distributor shall be liable for Mechanical Royalties on imports exclusive of Mechanical Royalties to NCB or NCB’s sister society of the exporting country.
For The Distributor’s national and international sales promotion and for submis- sion to critics, up to 250 copies sent for promotion to the Territory may be ex- empt from Mechanical Royalties.
After the end of each Accounting Period The Distributor shall receive a royalty invoice specification of Mechanical Royalties payable: ♦ in October an invoice covering 1 January-30 June ♦ in April an invoice covering 1 July-31 December.
Mechanical Royalties are paid to composers and publishers from the recorded sales of records.
The Distributor undertakes to submit docu- ments proving that Mechanical Royalties were already paid.