4.6 GURU REVENUE shall provide the Affiliate with statements detailing the number of Players and/or Users and the Affiliate’s share of the Casino Revenue Share and/or CPA Payments (as appropriate), if any, which have accrued to the Affiliate over the course of the calendar month, which statements are accessible through the GURU REVENUE website (campaign statistics). Such statements shall be updated daily. At the end of a calendar month, GURU REVENUE shall record the total share due to the Affiliate in respect of the percentage of the Casino Revenue Share and/or CPA Payments (as appropriate), if any, during the previous calendar month. In the event that the share of the Casino Revenue Share in any calendar month to which the Affiliate is entitled is a negative amount, it will not be carried forward to the next month. In the event that the total share due to the Affiliate does not exceed fifty British Pounds (£50.00), GURU REVENUE shall be entitled to withhold and carry forward such sum until the end of the first calendar month in which the share of the Casino Revenue Share due to the Affiliate (including such carried forward sum) exceeds fifty British Pounds (£50.00), at which time payment shall be made in accordance with Clause 4.7 hereof.
For the avoidance of doubt, the Affiliate shall only be entitled to receive payment in terms of this Clause 4 when there is a positive balance and such positive balance is greater than fifty British Pounds (£50.00) in any given month. Furthermore,
should an Affiliate fail to refer new Players and/or Users to a promoted GURU REVENUE website over a period of three (3) consecutive months, the Affiliate shall no longer be entitled to his/her/its share of the Casino Revenue Share to which he/she/it would have been entitled pursuant to Clause 4 hereof in respect of the Players and/or Users. In the event that the Affiliate introduces new Players and/or Users after the said three (3) months, the Affiliate shall only be entitled to receive payment in terms of this Clause 4 in respect of the Players and/or Users introduced after the said three (3) month period.
4.7 Subject to Clause 4.6 above, at the end of a calendar month,
the Affiliate may raise an invoice for the relevant percentage of the Casino Revenue Share or CPA Payments (as appropriate) payable by GURU REVENUE to the Affiliate, which invoice shall be paid within forty five (45) days of receipt of the same by GURU REVENUE. GURU REVENUE hereby confirms that raising such an invoice is not a requirement as the relevant percentage of the Casino Revenue Share or CPA Payments (as appropriate) to which the Affiliate is entitled and which is payable by GURU REVENUE shall be automatically raised and paid out (in accordance with Clause 4.6 above) within sixty (60) days. Such Casino Revenue Share shall be paid in British Pounds, inclusive of any Value Added Tax which might be applicable.