Certain Revenues Clause Samples
The 'Certain Revenues' clause defines specific types of income or financial receipts that are subject to particular terms within the agreement. Typically, this clause identifies which revenues—such as sales proceeds, licensing fees, or other designated income streams—are included or excluded for purposes like calculating payments, royalties, or profit-sharing. By clearly delineating which revenues are covered, the clause ensures transparency and prevents disputes over what income is considered in financial obligations between the parties.
Certain Revenues. As part of the monthly billing and invoicing procedures described herein in Article VII, during the term of this Coke Purchase Agreement, operating costs for any one month period will be credited with the amount of *****.
Certain Revenues. For avoidance of doubt, Lender acknowledges that nothing contained herein is intended to prohibit Borrowers from retaining and using any oil and gas revenues, including joint interest billing revenues and project hazard analysis revenues, to fund ongoing operations.
Certain Revenues. As part of the billing and invoicing procedures described herein in Article VII, during the term of this Coke Purchase Agreement, the Contract Price per Ton of Coke each month will be credited with the amount of actual net revenues realized by Seller from the sale of raw reclaimed undersized coke during the month. The amount of the credit will be determined by dividing the sales revenue during the month by the volume of Coke Plant production sold to Purchaser during the month (including rejected Coke sold to third parties and reduced by the volume of Coke wrongfully rejected by Purchaser under Section 3.4). No less than one hundred twenty (120) days prior to the beginning of each Contract Year, Purchaser shall inform Seller whether Purchaser will take the raw reclaimed undersized coke in the upcoming Contract Year, and any such raw reclaimed undersized coke will be priced at [***] ($[***]) per Ton.
Certain Revenues. The Seller shall certify to the Purchaser that the customers and accounts referred to in Section 2.3(s) hereof did not constitute more than 30% of the Seller's total revenues for the period from January 1, 1998 through the end of the calendar month most recently completed as of the Closing Date, and such certificate shall be reasonably acceptable in form and substance to the Purchaser.