The amount to be paid by the sub distributor/licensee to the producer/ licensor for the right to distribute or exhibit the film(s). There are two types of license fees. The first is the flat sale/fee. This is an amount specified in the contract that is EITHER paid in one payment prior to the release of materials to the sub distributor/ licensee for exploitation of the film(s) OR by a number of payments over time. It is a one-time fee with no additional amount to be paid to the producer/licensor regardless of the actual distribution earnings of the film(s).
The second is the royalty fee. This is the producer's/licensor's share of the film's actual earnings (share of distribution earnings). The royalty fee includes all license fees that are not a flat fee/sale. Contacts normally do not specify that the fee is flat or royalty but refer to them both as a license fee, since the definition of the two types of fees is an industry standard that is well understood. The total royalty fee may consist of one amount or two amounts. If a contract contains an advance or minimum guarantee, then royalty consists of the advance or minimum guarantee portion and the overage portion, which is the amount in excess of the minimum guarantee.
More terms such as license fee in Dictionary L.
- Manual Leading Product (CRM-MKT):
- Help denotes the main product to which other products (accessories or alternative products) may be linked by means of an association rule. In an online store for example, selection of the leading product license fee definition.
- Manual Lot-Size Independent Costs:
- Help The costs that are always incurred when a material is produced, regardless of the lot size of the material. Cost-optimizing, lot-sizing procedures in material requirements planning access this value license fee explain.
- Manual Line Balance Graphic:
- Help Graphic representation of the line balance that is based on line balance data (line structure, model mix, and activities license fee what is.
- Manual Logical Home Path:
- Help home path used in XML data archiving. The logical home path is defined in archiving-object-specific customizing, not the actual home path. The home path represented by a logical home path is defined license fee meaning.
- Manual Loss Given Default:
- Help Amount of the loss in the event of the borrower's default. LGD = 1-RR (RR = recovery rate license fee abbreviation.
