Common use of Gross Revenue from Licenses Clause in Contracts

Gross Revenue from Licenses. Except as set forth on Schedule 1.1, each Debtor’s rights as a licensee of intellectual property do not give rise to more than 5% of the gross revenues of the Borrower and its Subsidiaries on a consolidated basis in any given quarter, including without limitation revenue derived from the sale, licensing, rendering or disposition of any product or service.

Gross Revenue from Licenses. Except as previously disclosed to the Agent in writing or as set forth on Schedule 1.111 attached hereto, each Debtor’s rights as a licensee of intellectual property do not give rise to more than 5% of the its gross revenues of the Borrower and its Subsidiaries on revenue (taken as a consolidated basis whole) in any given quarter, including without limitation revenue derived from the sale, licensing, rendering or disposition of any product or service.