Common use of Conditional Royalty Clause in Contracts

Conditional Royalty. In the event a master recording containing the licensed Insong project in whole or in part is contained on an album and/or song or songs, the licensor agrees to have no claim to any royalties related to that song or album. Licensor grants the rights to licensee to collect full and unlimited royalties, and monies related to sales, licenses, or any other form where royalties could be collected.

Appears in 1 contract

Sources: Full Exclusive Rights and Full Beat Ownership Agreement

Conditional Royalty. In the event a master recording containing the licensed Insong In 40 track production project in whole or in part is contained on an album and/or and /or song or songs, the licensor agrees to have no claim to any royalties related to that song or album. Licensor grants the rights to licensee to collect full and unlimited royalties, and monies related to sales, licenses, or any other form where royalties could be collected.

Appears in 1 contract

Sources: Exclusive Rights & Ownership Agreement