Revenue Participation Clause Samples

Revenue Participation. Musicians shall be entitled to participate in revenue derived from television programs in accordance with the provisions in Article XXI (Revenue Participation). Α As defined in E.1. & 2. below. Β As defined in E.4 below.

Revenue Participation. Musicians shall be entitled to participate in any revenue derived from the exploitation of products produced from material captured pursuant to the Annual Media Commitment in accordance with the provisions in Article XXI (Revenue Participation.

Revenue Participation. Although news and promotional distribution may not be intended to generate direct revenue to the Employer, it is possible that audio or audio- visual material used in news or promotional activities described herein will produce ancillary direct income to the Employer (e.g. YouTube advertising revenue). If any such item created pursuant to this Article VIII produces direct income to the Employer, it shall be subject to Revenue Participation in accordance with Article XXI.

Revenue Participation. (a) Borrower shall pay the following amounts (the “Revenue Participation”), in addition to any Fixed Interest: (i) with respect to the Tranche A Loan, an amount equal to the applicable Revenue Participation Percentage multiplied by the applicable Included Product Payments for each applicable Revenue Participation Period; provided that such Revenue Participation with respect to the Tranche A Loan shall not exceed an aggregate of $[***] (and the obligation to pay Revenue Participation with respect to the Tranche A Loan shall automatically terminate upon payment of such amount); and (ii) with respect to the Tranche B Loan, and in addition to any Revenue Participation with respect to the Tranche A Loan, an amount equal to the applicable Revenue Participation Percentage multiplied by the applicable Included Product Payments for each applicable Revenue Participation Period (less amounts recognized prior to the Tranche B Funding Date); provided that such Revenue Participation with respect to the Tranche B Loan shall not exceed an aggregate of $[***] (and the obligation to pay Revenue Participation with respect to the Tranche B Loan shall automatically terminate upon payment of such amount). (b) Revenue Participation with respect to each Loan shall accrue on a daily basis from the applicable Funding Date and shall be payable in arrears on the applicable Revenue Participation Payment Date with respect to each Revenue Participation Period. (c) [Reserved.] (d) In the event that the aggregate amount of the Revenue Participation received by Lender during any fiscal quarter is less or more than the amount due pursuant to this Section 4.03, then within five (5) Business Days after the date on which Borrower delivers the financial statements pursuant to Section 9.03(b), Borrower shall pay to Lender or Lender shall credit Borrower, respectively, an amount that is equal to such difference. In the event any inspection of Borrower’s books and records reveals any underpayment of any Revenue Participation in respect of any period, Borrower shall pay to Lender on the succeeding Revenue Participation Date the amount of such underpayment. In the event any inspection of Borrower’s books and records reveals any overpayment of any Revenue Participation in respect of any period, Borrower shall be entitled to offset the amount of such overpayment against the Revenue Participation due in the next Revenue Participation Period or Revenue Participation Periods until such amount is fully of...

Revenue Participation. In consideration of providing the Loan as described herein, Lender will also receive revenue participation interest in Borrower’s participation in the Series, after the Loan is re-paid in full, including interest

Revenue Participation. In addition to other payments in this Article V, P&G agrees to pay UROMED 0.75% (three-fourths of one percent) on all NET SALES exceeding the first $130,000,000 (one hundred thirty million dollars) in cumulative NET SALES and up to but not exceeding $490,000,000 (four hundred ninety million dollars) in cumulative NET SALES. Nothing in this AGREEMENT, however, will obligate P&G to introduce any P&G PRODUCTS into the market. Payment under this Article 5.3 shall be paid semi-annually with a report of NET SALES for the semi-annual period.

Revenue Participation. As additional consideration for the AZ Loan and the NV Loan, the Company grants to Purchaser the right to participate in the Gross Revenues generated from the operations of the AZ Facility and the NV Facility. For avoidance of doubt, the calculation of Gross Revenues will not be aggregated for both the Arizona Operations and the Nevada Operations, but will be calculated separately, and the applicable percentage of Gross Revenues will be applied separately, as set forth below. In addition to the defined terms above, the following terms will have the meanings set forth below:

Revenue Participation. In order to facilitate the Company’s efforts to resume normal daily operations, Company ▇▇▇▇▇▇ ▇▇▇▇▇▇ or his assignees and Noteholder have agreed to the following: a. In consideration for arranging the note and commitment, the Company will extend a Revenue Participation Agreement to ▇▇▇▇▇▇ ▇▇▇▇▇▇ or his assignees b. Upon funding of the additional $155,000 to the Company before 12/23/11 and starting in Fiscal Year 2012, and continuing until this letter agreement shall have been terminated in accordance with subsection 1 (c) below, Company agrees to i. 2% Participation on Baseline Net Revenue of $2,000,000– Company agrees to pay the ▇▇▇▇▇▇ ▇▇▇▇▇▇ or his assignees 2% of our Baseline Revenue (defined as the first $2,000,000 of gross sales net of discounts and returns) each quarter. ii. 3% Participation on Growth Revenue - Company also agrees to pay ▇▇▇▇▇▇ ▇▇▇▇▇▇ or his assignees , on a quarterly basis 3% of the amount by which our Baseline Net sales (Gross Sales net of discounts and returns) exceeds $2 million. Same shall be done on a quarter-by-quarter comparable basis with a final adjustment at year end to reflect overall annual results

Revenue Participation. Nuance will also share in the revenue generated from the Magic Network service. Nuance shall receive a royalty of $[**] the Magic Network service. The royalty will be in effect and apply to the Magic Network service subscriber base beginning on January 1, 1999 and will continue up through and including December 31, 2001. Such royalty will be due thirty (30) days after the last day of each month and will be based on [**] to the Magic Network service as tallied on the last day of each month. [**] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. 4 4.3. Audit. Nuance may, at Nuance's expense and not more than once annually, audit General Magic's books and records relevant to the royalties due under Section 4.2 ("Revenue Participation"). Any such audit shall be conducted by an independent accounting firm selected by Nuance and shall be conducted during General Magic's regular business hours and shall not unreasonably interfere with General Magic's business activities. If such an audit reveals that General Magic has underpaid royalties to Nuance, General Magic shall be invoiced for the underpaid royalties.