Common use of Fixed percentage Clause in Contracts

Fixed percentage. Unless the Reset Mechanism, Production Budget Option or Production Supply Option otherwise apply, the annual Program License Fee for Output Programs will be a "Fixed Percentage" of the Production Budget for the applicable Fiscal Year, as follows: (i) For Fiscal Years 1 and 2: * * *

Appears in 2 contracts

Sources: Program Supply Agreement (Playboy Enterprises Inc), Program Supply Agreement (Claxson Interactive Group Inc)

Fixed percentage. Unless the Reset Mechanism, Production Budget Option or Production Supply Option otherwise apply, the annual Program License Fee for Output Programs will be a "Fixed Percentage" of the Production Budget for the applicable Fiscal Year, as follows: (i) For Fiscal Years 1 and 2: * * ***

Appears in 1 contract

Sources: Program Supply Agreement (Playboy Enterprises Inc)