Performance Rights. Lessee shall be responsible for payment of any and all royalties for copyrighted material used during the course of Lessee’s event. Payment shall be deducted at final settlement and shall consist of monies withheld and due ASCAP (at the rate of .8% of Net Adjusted Gross Box Office Receipts), BMI (at the rate of .8% of Net Adjusted Gross Box Office Receipts), and SESAC (at the rate of total attendance multiplied by 0.0221). The aforementioned rates are as of August 20, 2010 and subject to change. Berkshire Theatre Group will remit royalty payments on behalf of the Lessee.
Appears in 2 contracts
Sources: Rental Agreement, Garage Rental Guidelines
Performance Rights. Lessee shall be responsible for payment of any and all royalties for copyrighted material used during the course of Lessee▇▇▇▇▇▇’s event. Payment shall be deducted at final settlement and shall consist of monies withheld and due ASCAP (at the rate of .8% of Net Adjusted Gross Box Office Receipts), BMI (at the rate of .8% of Net Adjusted Gross Box Office Receipts), and SESAC (at the rate of total attendance multiplied by 0.0221). The aforementioned rates are as of August 20, 2010 and subject to change. Berkshire Theatre Group will remit royalty payments on behalf of the Lessee.
Appears in 1 contract
Sources: Theatre Rental Agreement
Performance Rights. Lessee shall be responsible for payment of any and all royalties for copyrighted material used during the course of Lessee▇▇▇▇▇▇’s event. Payment shall be deducted at final settlement and shall consist of monies withheld and due ASCAP (at the rate of .8% of Net Adjusted Gross Box Office Receipts), BMI (at the rate of .8% of Net Adjusted Gross Box Office Receipts), and SESAC (at the rate of total attendance multiplied by 0.0221). The aforementioned rates are as of August 20, 2010 and subject to change. Berkshire Theatre Group will remit royalty payments on behalf of the Lessee.. RECORDINGS AND BROADCASTING:
Appears in 1 contract
Sources: Garage Rental Guidelines