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Music Royalty Contract
"I need a Music Royalty Contract for a Singapore-based independent artist who will be licensing their music catalog to a digital streaming platform, with quarterly royalty payments and specific provisions for user-generated content usage starting March 2025."
1. Parties: Identifies all parties to the agreement with full legal names and addresses
2. Background: Contextual information about the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Specific rights being licensed or transferred
5. Royalty Rates: Detailed breakdown of royalty percentages and calculation methods
6. Payment Terms: Payment frequency, method, and currency
7. Term and Termination: Duration of agreement and termination conditions
8. Warranties and Representations: Legal guarantees from both parties
1. Territory Restrictions: Geographic limitations of rights, used when rights are territory-specific
2. Sub-licensing Rights: Terms for allowing third-party licensing, if applicable
3. Minimum Guarantee: Minimum payment guarantees, used in larger commercial agreements
4. Audit Rights: Right to audit royalty calculations, typically for higher-value agreements
1. Schedule A - Musical Works: List of covered musical works with relevant details
2. Schedule B - Royalty Calculations: Detailed methodology for calculating royalties
3. Schedule C - Reporting Template: Standard format for royalty reporting
4. Schedule D - Territory List: Detailed list of covered territories if territory-specific
Authors
Applicable Law
Accounting Period
Authorized Platform
Broadcast
Commencement Date
Commercial Release
Composition
Digital Distribution
Digital Service Provider
Effective Date
Gross Receipts
Licensed Rights
Licensed Territory
Mechanical Rights
Musical Work
Net Receipts
Performance Rights
Publishing Rights
Quarter
Recording
Reporting Period
Royalty Rate
Royalty Statement
Streaming
Synchronization Rights
Term
Territory
Third Party Platform
Usage Data
User Generated Content
Writer's Share
Publisher's Share
Master Recording
Minimum Guarantee
Permitted Use
Revenue Share
Sub-Publishing Rights
Termination Date
Working Day
Grant of Rights
Term and Territory
Royalty Rates
Payment Terms
Accounting and Statements
Audit Rights
Warranties and Representations
Assignment and Sub-licensing
Confidentiality
Intellectual Property
Performance Obligations
Reporting Requirements
Distribution Rights
Quality Control
Termination
Force Majeure
Indemnification
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment and Variation
Severability
No Partnership
Waiver
Third Party Rights
Non-Exclusivity
Minimum Guarantee
Marketing and Promotion
Credit and Attribution
Moral Rights
Data Protection
Record Keeping
Territory Restrictions
Survival
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