Revenue Fee definition

Revenue Fee means a fee representing a percentage of the net profits of the Licensee arising directly from the use, development or other exploitation of the intellectual Property, to be negotiated by the Licenser and the Licensee subsequent to the date of this Agreement and to be payable by the Licenser to the Licensee in accordance with clause 4.1 b.
View Source

Examples of Revenue Fee in a sentence

  • BroadVision will not condition such expansion on the payment of any expansion fee or to a change in the Revenue Fee methodology described in the Master Agreement.

  • NeoMedia shall pay About a fee of Three Hundred Fifty Thousand Dollars ($350,000) (the "Quarterly Net Commerce Revenue Fee"), which shall be paid on or before the first day of the second, third and fourth Operating Quarter.

  • The Revenue Fee shall equal ten percent (10%) of PW’s Net Revenue recorded during the preceding month.

  • The Revenue Fee shall be paid on a monthly basis, no later than thirty (30) calendar days following the end of the immediately preceding calendar month, and the amount of such monthly payment of the Revenue Fee shall be equal to the product of (a) zero percent (0%), multiplied by (b) the Company’s gross revenue for such immediately preceding calendar month.

  • If, as a result of such audit, the Revenue Fee due to the Advisor is greater than 110% of the Revenue Fee then paid to the Advisor, the expenses of the audit shall be paid by Company.

  • Upon five (5) days’ advance written notice from Advisor to Company, Company shall allow Advisor (or its agents) to audit, during normal business hours, Company’s relevant records with respect to the Revenue Fee.

  • If About generates less than 855,000,000 page views during any Operating Quarter, then the Quarterly Net Commerce Revenue Fee that is due on the first day of the subsequent Operating Quarter will be reduced by a percentage equal to the percentage shortfall for page views as calculated by dividing the actual number of page views generated by 855,000,000.

  • Gross Booking Revenue Fee Credits are only applied to Services that have Gross Booking Revenue Fees.

  • Beyond reserves the right to change the Gross Booking Revenue Fee upon providing thirty (30) days notice.

  • Gliatech's obligation to pay fees under Sections 5.3.2 and Royalties under clause (b) of Section 5.3.3 with respect to each Product shall commence on the Sublicensing Revenue Fee Commencement Date for such Product.