Residual compensation definition

Residual compensation means supplemental compensation paid at the time that a motion picture is exhibited through new use, reuse, clip use, or in secondary markets, as distinguished from payments made during production.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Residual compensation means supplemental

Residual compensation means supplemental compensation paid at the time that a motion

Examples of Residual compensation in a sentence

Residual compensation payments shall be due Producer so long as PEO, or an affiliate of PEO, provides services to the client whether or not under the same contract as originally referred by Producer.
Residual compensation payments shall accrue and be paid monthly, in arrears, on or before the 10th of the month based upon the schedule of remittance of monies.
Residual compensation shall continue to be paid to Reseller with respect to all TransBlue Merchants signed by Reseller for so long as Reseller is not actively targeting TransBlue Merchants to accept POB Services on behalf of any competitor of TransBlue, and for so long as the respective TransBlue Merchants are actively having POB transactions processed through TransBlue, remain in compliance with the terms hereof, and TransBlue is receiving revenue for those TransBlue Merchants from the Banks.
Free 4 Life Program: Residual compensation will be reduced by 25% for each Free 4 Life referral processed (for example, if the merchant is on a Value Plan and submits their first referral; their monthly fee is reduced to $74.25 and the adjusted residual would be $30).
Residual compensation will only be paid if collected from the Merchants and CTC’s vendors and will be paid three business days after the fifteenth or previous business day of the second month following the month of collection provided all necessary reports needed in the calculations have been received and reconciled by CTC.

More Definitions of Residual compensation

Residual compensation and "Residual Period" have the meanings set forth in Section 11(e) hereof.

Residual compensation means supplemental compensation paid at the time that a motion picture is exhibited

Residual compensation has the meaning ascribed to such term in Section 9.5

Residual compensation means the amount paid to ISO for referring approved customers to Reliable Fast Cash and/or its affiliates for participation in the Merchant Program, as set forth in Section

Residual compensation has the meaning ascribed to such term in Section 9.5 “Retraining Program” has the meaning ascribed to such term in Section 8.6.3. Page 17 of 91 CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL PORTIONS OF THIS DOCUMENT MARKED [***] HAVE BEEN REDACTED AND HAVE BEEN FILED SEPARATELY WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION.