a question about "recoupable"

[sport]

and I forgot to ask something else...it states in the agreement, " producer shall receive a non-returnable but recoupable advance in the amount of two hundred and fifty dollars per day in the studio(the advance), prior receipt of one thousand seven hundred and fifty of which is acknowledged by the producer." I'm not exactly clear on this concept of recoupable. Does it refer to me recovering my recording costs for the whole project or the first 1,750 dollars that I make?

 

[John Sayers]

This is an interesting one sport - I think it means this:
The producer has received $1,750 OK? as an advance against his royalties which is 3% of net.

So if you earn $1,750 from sales, 3% of that is $52.50. So the producer has $52.50 paid off on his advance.

he will not receive any additional monies until that 3% is equal to his advance of $1,750.

cheers
john