Common use of REVENUE SPLIT Clause in Contracts

REVENUE SPLIT. Planet Payment will receive a percentage of the Net FX Margin based on the table below. Planet Payment’s share shall be calculated by multiplying the relevant percentage in the table below by the relevant Net FX Margin associated with each volume tier. Once the tier threshold is exceeded for a particular month all Transactions in excess of that tier threshold shall be billed at the rate applicable to such tier but the Transactions that fall within the lower tier shall continue to be billed at the rate for the lower tier. For example, if total DCC Purchase Volume for a particular month is [*], then Planet Payment’s Revenue Share shall be [*] of Net Margin on the first [*] and [*] on the next [*]. [*]