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Music Licensing Contract
"I need a Music Licensing Contract for my record label to license our music catalog to a streaming platform in Singapore, with specific provisions for revenue sharing and quarterly reporting requirements, to commence from March 2025."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and ownership declaration of the musical work
3. Definitions: Key terms used throughout the agreement including musical works, territory, and usage rights
4. Grant of License: Specific rights being licensed and their scope, including performance, mechanical, and synchronization rights
5. Territory: Geographical scope of the license and any territorial restrictions
6. Term: Duration of the license agreement including start date and termination conditions
7. Fees and Payment Terms: Licensing fees, royalties, payment schedule and calculation methods
8. Warranties and Representations: Legal guarantees regarding ownership and rights to the musical works
9. Termination: Conditions and procedures for ending the agreement
10. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Sub-licensing Rights: Terms and conditions for sub-licensing the musical works to third parties
2. Quality Control: Standards and requirements for music reproduction or performance
3. Marketing and Credit: Requirements for artist attribution and marketing obligations
4. Digital Rights Management: Specifications for digital protection measures and online distribution
5. Audit Rights: Rights and procedures for auditing royalty calculations and payments
1. Schedule 1: Licensed Works: Detailed list and description of musical works covered by the license
2. Schedule 2: Territory Details: Specific geographical restrictions or permissions for the license
3. Schedule 3: Fee Schedule: Detailed breakdown of fees, royalty rates and calculation methods
4. Schedule 4: Technical Requirements: Format and quality specifications for music delivery and reproduction
5. Schedule 5: Approved Usage Examples: Examples of permitted uses and sample credit lines
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