Allocation of Gross Receipts. As to proceeds derived from Distributor's exploitation of all rights outlined in Paragraph 2, division of the Gross receipts will be made, as follows; a) >From the Distributors exploitation of Theatrical, Television, Home Video and any other Granted Rights, Distributor shall deduct and retain twenty five percent (25%) of Gross receipts. From the remaining revenues Distributor shall recoup all recoupable expenses related to the prints, marketing, advertising and sale of the Picture. The net proceeds shall be paid to Producer.
Appears in 2 contracts
Sources: Distribution Agreement, Distribution Agreement
Allocation of Gross Receipts. As to proceeds derived from Distributor's ’s exploitation of all rights outlined in Paragraph 2, division of the Gross receipts will be made, as follows;
:a) >From the Distributors exploitation of Theatrical, Television, Home Video/DVD, Video on Demand, Internet and any other Granted Rights, Distributor shall deduct and retain twenty five percent (2520%) of Gross receipts. From the remaining revenues Distributor shall recoup all recoupable expenses related to the prints, marketing, advertising and sale of the Picture. The net proceeds shall be paid to Producer.
Appears in 1 contract
Sources: Film Distribution Agreement