The deal-period
MG-0009-P2 — a cross-collateralized deal (clause shape POOL, drafting variant A), period 2 of 3
What the clause says
4.1 makes the guarantee a SINGLE cross-collateralized advance of 945,000.00 USD in respect of all Licensed Properties, and says in terms that the per-property allocation shown on a statement is internal reporting and is not a separate guarantee. 4.2 says no Licensed Property earns out separately.
Advance apportioned to this property 315,000.00. Royalties this period 309,350.00, less two recoupable deduction lines of 8,080.00. Other Licensed Properties applied 180,762.00 in the same period.
Carried position, in the prompt
330,027.00 USD had been applied to this Property against an apportionment of 315,000.00 that the agreement treats as administrative. Across every Property sharing the same advance, 528,043.00 had been applied against an advance of 945,000.00. The guarantee was NOT yet recouped. It was reported UNRECOUPED.
The free cumulative ledger
ALREADY_IN_OVERAGE, invoiceable YES, overage 316,297.00 — because its per-deal balance passed the 315,000 apportionment last period and it has no concept of a pool. A quarter of a million dollars of overage that is not owed.
The free clause-rule engine
CROSSED_THIS_CYCLE, invoiceable YES, overage 65,075.00, basis CROSS_COLLATERALIZED — it read clause 4.1, ran a pool ledger, and got the period and the figure right.
The model, with the carried position
CROSSED_THIS_CYCLE, invoiceable YES, overage 65,075.00, basis CROSS_COLLATERALIZED — correct on all four, and identical to the free clause-rule floor's answer. Verbatim: 'the carried aggregate 528,043 plus this period's net royalties 301,270 and other-property application 180,762 totals 1,010,075, crossing the guarantee this period.'
The same model, memory removed
UNRECOUPED, invoiceable NO_NOT_CROSSED, overage 0.00 — told there is no history, it can only see this period's royalties against the apportionment printed on the page, and the pool position it needs is on no statement.
The same ledger with no memory
UNRECOUPED — with no carried position it sees one period's 309,350 against a 315,000 apportionment and concludes the guarantee is not recouped. A missed crossing.
Ground truth
CROSSED_THIS_CYCLE, invoiceable YES, overage 65,075.00, basis CROSS_COLLATERALIZED
Scored as
Three free readers of one page, three different answers, and the two wrong ones are wrong in OPPOSITE directions — one invents 316,297 USD of overage against a licensee that owes 65,075, the other reports nothing at all. This is the cell the kit's screenshot is taken on.