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Update legal-developers-terms.mdx #1072

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2 changes: 1 addition & 1 deletion website/pages/docs/topics/legal/legal-developers-terms.mdx
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Expand Up @@ -74,7 +74,7 @@ Please read these Terms carefully. These Terms govern your access to and use of

6. <strong>Revenue Share.</strong>

1. <strong>Revenue Share.</strong> In consideration for the display and distribution of the Application and other services pursuant to these Terms, Developer shall make payment to Overwolf of 30% of Revenues. "<strong>Revenues</strong>" shall mean all amounts received by Developer or its affiliates in connection with or related to the Application. For the avoidance of doubt, Revenues includes all amounts received by the Developer in respect of sales, licenses or rentals of the Application, in-App content, or advertising displayed or sold through the Application.
1. <strong>Revenue Share.</strong> In consideration for the display and distribution of the Application and other services pursuant to these Terms, Developer shall make payment to Overwolf of 30% of Revenues. "<strong>Revenues</strong>" shall mean all amounts received by Developer or its affiliates in connection with or related to the Application. For the avoidance of doubt, Revenues includes all amounts received by the Developer in respect of sales, licenses or rentals of the Application, in-App content, or advertising displayed or sold through the Application.In certain cases agreed upon in advance, Overwolf may accept different subscription affiliation terms. In cases where Subscriptions are done by Overwolf affiliation, Overwolf shall be entitled to 30% of the net subscription value received from said users. In the cases where users subscribe directly through the Developer’s platform, Overwolf shall be entitled to 5% of the net subscription value.

2. <strong>Payment Terms.</strong> Developer shall make payment of amounts due hereunder within 30 days of receipt by the Developer of the applicable amounts. Payments shall be made free and clear and without deduction for any charges or taxes, including withholding taxes. Developer shall add applicable VAT to any payments. Late payments shall accrue interest at the rate of 1.5% per month or the highest rate permitted by law, the lowest of the two.

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