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KILL FEE

Spanish translation: See below

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16:45 Jul 11, 2000
English to Spanish translations [PRO]
Art/Literary
English term or phrase: KILL FEE
In the event... fails to occur on... and such failure is not the result of default of... and is not provided xx days advance notice, XXX shall be entitled to a KILL FEE of $________.

As applies to the arts and artists' performance contracts. Is there a specific term other than CANCELLATION FEE?
BAQMIA
Local time: 20:36
Spanish translation:See below
Explanation:
There is also a "rejection fee" called a "kill fee." You would have to decide which meaning you need from your context.
google.com turned up the following:
KILL FEES
Life Insurance For Your Artwork (Note: This important subject is covered extensively in the GAG Handbook: Pricing and Ethical Guidelines. We have summarized it below to provide a context for the comments about kill fees in the discussions of individual contracts that follow.)
A "kill fee" is a fee paid by the client to the artist when the
client does not use the artwork. "Kill fee" is a general term
that covers two types of payments: a cancellation fee, and a
rejection fee.
CANCELLATION FEE
A cancellation fee should be paid when the artwork satisfies the
client's stated requirements, but the client decides, for reasons
outside the artist's control, not to use it.
For example:
- the artwork was intended to accompany an article that has
been killed;
- unforeseen space limitations don't leave enough room for
artwork.
REJECTION FEE
A rejection fee should be paid when the artwork does not satisfy
the client's stated requirements. When this happens, the causes
are, in theory at least, within the artist's control.
For example:
- the artwork unexpectedly deviates from the artist's
traditional style;
- the final artwork is not consistent with the preliminary
sketches or roughs that were accepted by the client.
In either case, the artist should be paid a fee. The amount of
the fee is usually a percentage of the agreed-upon fee for the
finished piece. We have seen a wide range of kill fees, from 20
to 100 percent. The amount usually depends on the stage of
completion of the artwork at the time the project is killed.
Two additional points are worth noting:

1. The issue of copyright does NOT go away just because a
project has been killed. When a project is cancelled,
the client still obtains all of the originally agreed-upon
rights to the use of the artwork upon payment of the
cancellation fee (unless there is a written agreement that
the rights revert to the artist if the project is cancelled).
When artwork is rejected, the client has chosen NOT to obtain
any rights to the use of the artwork.
2. If the contract does not mention a kill fee, there is no
guarantee that one will be paid.
Selected response from:

Robert Anderson
Local time: 18:36
Grading comment
Thanks! Confirms the fact that it is otherwise known as cancellation fee as needed!
Appreciate everyone's help.
4 KudoZ points were awarded for this answer

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Summary of answers provided
naCargos resensoriosTelesforo Fernandez
naCargos por revocación ....de contrato....Yvette Camou
naSee belowRobert Anderson


  

Answers


42 mins
See below


Explanation:
There is also a "rejection fee" called a "kill fee." You would have to decide which meaning you need from your context.
google.com turned up the following:
KILL FEES
Life Insurance For Your Artwork (Note: This important subject is covered extensively in the GAG Handbook: Pricing and Ethical Guidelines. We have summarized it below to provide a context for the comments about kill fees in the discussions of individual contracts that follow.)
A "kill fee" is a fee paid by the client to the artist when the
client does not use the artwork. "Kill fee" is a general term
that covers two types of payments: a cancellation fee, and a
rejection fee.
CANCELLATION FEE
A cancellation fee should be paid when the artwork satisfies the
client's stated requirements, but the client decides, for reasons
outside the artist's control, not to use it.
For example:
- the artwork was intended to accompany an article that has
been killed;
- unforeseen space limitations don't leave enough room for
artwork.
REJECTION FEE
A rejection fee should be paid when the artwork does not satisfy
the client's stated requirements. When this happens, the causes
are, in theory at least, within the artist's control.
For example:
- the artwork unexpectedly deviates from the artist's
traditional style;
- the final artwork is not consistent with the preliminary
sketches or roughs that were accepted by the client.
In either case, the artist should be paid a fee. The amount of
the fee is usually a percentage of the agreed-upon fee for the
finished piece. We have seen a wide range of kill fees, from 20
to 100 percent. The amount usually depends on the stage of
completion of the artwork at the time the project is killed.
Two additional points are worth noting:

1. The issue of copyright does NOT go away just because a
project has been killed. When a project is cancelled,
the client still obtains all of the originally agreed-upon
rights to the use of the artwork upon payment of the
cancellation fee (unless there is a written agreement that
the rights revert to the artist if the project is cancelled).
When artwork is rejected, the client has chosen NOT to obtain
any rights to the use of the artwork.
2. If the contract does not mention a kill fee, there is no
guarantee that one will be paid.



    Reference: http://www.google.com/search?q=cache:www.gag.org/contracts/a...
Robert Anderson
Local time: 18:36
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 45
Grading comment
Thanks! Confirms the fact that it is otherwise known as cancellation fee as needed!
Appreciate everyone's help.
Login to enter a peer comment (or grade)

2 hrs
Cargos por revocación ....de contrato....


Explanation:
This is a broad term that can be applied to different situations. It is used in contracts also.

Yvette Camou
Mexico
Local time: 17:36
PRO pts in pair: 101
Login to enter a peer comment (or grade)

8 hrs
Cargos resensorios


Explanation:
Resensorio = fee paid for cancellation.

Telesforo Fernandez
Local time: 06:06
PRO pts in pair: 266
Login to enter a peer comment (or grade)




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