Project Revenue Sample Clauses
The PROJECT REVENUE clause defines how income generated from a specific project will be handled and distributed among the involved parties. It typically outlines the sources of revenue, the method for calculating total project income, and the allocation or sharing percentages for each party. For example, it may specify that all sales, licensing fees, or other earnings directly attributable to the project are included, and detail how these funds are divided after deducting agreed-upon expenses. The core function of this clause is to ensure transparency and fairness in the distribution of project earnings, thereby preventing disputes over financial entitlements.
Project Revenue. Deposit all Project Revenue in the Revenue Account for application solely for the purposes and in the order and manner provided in the Depositary Agreement.
Project Revenue. Collection and appropriation of revenue by the Licensee
24.1.1 With effect from the COD till the Transfer Date, the Licensee shall have the sole and exclusive right to demand, collect, revise and appropriate revenue from the users in accordance with Good Industry Practice and more particularly in terms set out under this Agreement.
24.1.2 The Licensee shall be free to decide on the sale price for the finished products from the Project subject to applicable laws.
24.1.3 The Licensee shall be and remain solely liable and responsible for the collection of revenue in accordance with this Agreement. On and from the COD and during the Operations Period, the Licensee or its agents or servants shall charge, collect and appropriate the revenues in respect of the Project.
Project Revenue. On and from the COD and during the Operations Period, the Licensee or its agents or servants shall charge, collect and appropriate the revenues in respect of the Project.
Project Revenue. Collection and appropriation of revenue by the Licensee
24.1.1 With effect from the COD till the Transfer Date, the Licensee shall have the sole and exclusive right to demand, collect, revise and appropriate revenue from the users in accordance with Good Industry Practice and more particularly in terms set out under this Agreement.
24.1.2 The Licensee shall be free to decide on the sale price for the finished products from the Project subject to applicable laws.
24.1.3 The Licensee shall be and remain solely liable and responsible for the collection of revenue in accordance with this Agreement.
Project Revenue. As per § 680.106(m) of the Final Nevi Federal Rule, Consultant may use revenue generated from the operation of charging stations for debt service, a reasonable return on investment, and/or costs for operation, maintenance, and site improvement.
Project Revenue. All net operating revenue of the Project shall be applied 29 toward the Project Debt Service until the Project Debt Service has been fully paid. It is 30 understood that the net operating revenue of the Project is not anticipated to fully pay the 31 Project Debt Service, and the Parties agree that the Town shall pay 51% 50% of any 32 portion of the Project Debt Service that is not covered by the net operating revenue of the 33 Project, and the County shall pay the remaining 49% 50% of any portion of the Project 34 Debt Service that is not covered by the net operating revenue of the Project. “Net
Project Revenue