Gum definition
Examples of Gum in a sentence
In the event MM’s compliance with Section (a)(i), (ii), or (iii) above results in such a client, partner, aggregator, or Person withdrawing GUM from any MM Lease Products (not only Passing Leases) at the renewal date of such Lease Product, StreamEx shall make commercially reasonable efforts to provide additional GUM required to satisfy the total lease amount in ounces within the renewal period of such Lease Product.
Within seven Business Days of the conclusion of each Quarter, MM will calculate the StreamEx Revenue Share.The StreamEx Revenue Share shall be calculated on an incremental basis according to the foregoing schedule, i.e. the StreamEx Rebate shall be 0.50% only on GUM in excess of 2,000 kg during the applicable Quarter.
MM shall supply StreamEx with sufficient Passing Leases to meet the demonstrated demand for StreamEx’s Tokenized Yield Product(s), with such demand defined as MM providing Passing Leases in the amount of at least 90% of StreamEx GUM.
StreamEx will utilize reasonable commercial efforts to achieve the following GUM targets: October 1, 2025: $5 million; November 1, 2025: $10 million; December 1, 2025: $15 million; January 15, 2026: $40 million; February 15, 2026: $60 million.