Revenue Interest means, with respect to the Existing License Agreement, any and all of NeurogesX’s rights to receive (i) any payments under Section 3 or Section 4 (except Section 4.4) of the Existing License Agreement, including, without limitation, rights to receive Sales Milestones under Section 3.2 of the Existing License Agreement, the Option Retention Fee under Section 3.3.2 of the Existing License Agreement, the Option Exercise Fee under Section 3.3.3 of the Existing License Agreement, and Earned Royalties under Section 4 of the Existing License Agreement, in each case payable on and after Xxxxx 0, 0000, (xx) any payments under Section 11.5.2 of the Existing License Agreement in amounts in the aggregate in excess of out-of-pocket costs and expenses (including reasonable attorneys’ and professional fees) incurred in connection with any Enforcement Action (as such term is defined in the Existing License Agreement), (iii) any payments similar to those described in clauses (i) and (ii) from Astellas or its affiliates with respect to Licensing Option Products, regardless of whether such Licensing Option Products are included under the Existing License Agreement or licensed to Astellas pursuant to a separate agreement, (iv) any payments similar to those described in clauses (i), (ii) and (iii) under any Replacement License Agreement, (v) any payments similar to those described in clauses (i) — (iv) made by a Licensee after rejection of the Existing License Agreement or Replacement License Agreement by NeurogesX in bankruptcy, and (vi) any other payments for or derived from the sale, offer for sale (including marketing and promotion), distribution or other commercialization or exploitation of Licensed Products in the Territory. For clarity the Revenue Interest shall exclude all rights under any License Agreement to receive (a) payments or amounts which are used to pay Third Parties for rights to intellectual property necessary for or incorporated in the Licensed Products (including amounts payable (I) under Section 4.4 of the Existing License Agreement, (II) to The Regents of the University of California (“The Regents”) pursuant to Section 3.2 or Section 19.4 of that certain Exclusive License Agreement between NeurogesX and The Regents effective November 1, 2000 or (III) to LTS Xxxxxxx Therapie Systeme AG (“LTS”) pursuant to Section 7.3 of that certain Commercial Supply and License Agreement between NeurogesX and LTS dated January 2007), (b) any payments under the Supply Ag...
Revenue Interest has the meaning set forth in the Financing Agreement.
Revenue Interest means all of Product Sub’s rights, title and interest in and to that portion of accounts receivable and royalty receivables arising out of sales of the Product worldwide.
Examples of Revenue Interest in a sentence
SAI has retained a Net Revenue Interest Royalty in respect of the Leases that may provide up to 25% of the net revenues therefrom.
Interest Revenue Interest is recognised using the effective interest method.
For theAs a prelude to more detailed discussions of specific telescopes in the next subsection, we comment that a typical flux density of Sbeam = 4 µJy might seem to be a quite accessible number for future large radio tele-surface mass-density Σ beam= ΣvirA≈ 0.07 kg m−2of ourscopes - many papers report detection of radio signals inRJthe µJy range using presently available facilities.
Interest Revenue Interest revenue is recognised on a time proportional basis taking into account the interest rates applicable to the financial assets.
Notwithstanding anything contained in this Conveyance to the contrary, Assignor may Transfer an undivided interest in any Development Well and/or any Subject Interests pursuant to the terms and conditions of the Founder Well Participation Program of Chesapeake Energy Corporation, free and clear of the Royalty Interest; provided, however, that any such Transfer shall not reduce the Assignor’s Net Revenue Interest warranted herein.
More Definitions of Revenue Interest
Revenue Interest means the gross revenues from Production attributable to a Working Interest, a list of which is set forth on Schedule 1. 44 hereto.
Revenue Interest means all of Borrower’s rights, title and interest in and to that portion of accounts receivable and royalty receivables arising out of sales of ADS-5102 worldwide in an amount equal to the ADS-5102 Product Payment Amount for each Calendar Quarter.
Revenue Interest means the right to receive a payment from Ascendant in cash, not later than thirty (30) days after the end of each calendar quarter ending after the Effective Date, equal to the Applicable Percentage (as herein defined) of the revenues generated by Ascendant during such quarter from AUM or through other sources, including revenues generated by or from any Investments, net of any agreed commissions paid to third parties or aid to NCEH pursuant to Section 5.6(b). Except as otherwise provided in Section 5.7, for the purposes of this Agreement, the "APPLICABLE PERCENTAGE" shall be determined as follows: (a) if the fair market value of AUM is less than $40,000,000 at the end of any month during such calendar quarter, the Applicable Percentage for such quarter shall be 50%; (b) if the fair market value of AUM is less than $200,000,000 at the end of any month during such calendar quarter and is $40,000,000 or greater at the end of every month during such calendar quarter, the Applicable Percentage for such quarter shall be 40%; (c) if the fair market value of AUM is $200,000,000 or greater at the end of every month during such calendar quarter, the Applicable Percentage for such quarter shall be 30%.
Revenue Interest. (or words of similar import), (2) cause Mercury Sub to be obligated to bear a decimal or percentage share of the cost of exploration, development and operation of such tract of land not greater than the decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such tract opposite the words "Working Interest" (or words of similar import) and (B) if such Mercury Property is shown in Section 2.2(o) of the Mercury Disclosure Letter to be subject to a unit or units, with respect to each such unit, (1) entitle Mercury Sub to receive a decimal or percentage share of all substances covered by such unit which are produced from, or allocated to, such unit equal to not less than the decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such Mercury Property opposite the words "Unit Net Revenue Interest" or words of similar import (and if such Mercury Property is subject to more than one unit, words identifying such interest with such unit), and (2) obligate Mercury Sub to bear a decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such Mercury Property opposite the words "Unit Working Interest" or words of similar import (and if such Mercury Property is subject to more than one unit, words identifying such interest with such unit). With respect to each Mercury Property described in Section 2.2(o) of the Mercury Disclosure Letter which is subject to a voluntary or involuntary pooling, unitization or communication agreement and/or order, the term "tract of land" as used in this subsection (xi) shall mean the pooled, unitized or communitized area as an entirety and shall not be deemed to refer to any individual tract committed to said pooled, unitized or communitized area. Without limitation of the foregoing, the ownership by Mercury Sub of the Mercury Properties does and will, with respect to each well or unit identified in Section 2.2(o) of the Mercury Disclosure Letter entitle Mercury Sub to receive a decimal or percentage share of the oil, gas and other hydrocarbons produced from, or allocated to, such well or unit equal to not less than the decimal or percentage share set forth, for such well or unit, in the column headed "Net Revenue Interest" in Section 2.2(o) of the Mercury Disclosure Letter, and cause Mercury Sub to be obligated to bear a decimal or percentage share of the cost of operation of such well o...
Revenue Interest shall have the meaning given to that term in the Revenue Sharing Agreement.
Revenue Interest means at any point in time the percentage of the total of all Hydrocarbons produced and saved from the OML 113 Lease (after the deduction therefrom of any and all Royalties and other amounts assessed against such production and payable to the Government) which a Party is entitled to receive pursuant to the provisions of the Joint Operating Agreement and Article 2 of this Agreement, being the sum of such Party’s share of the Cost Recovery Account and the Profit Account.
Revenue Interest means all of the Company’s rights, title and interest in and to, free and clear of any and all Liens (except for any Lien contemplated under clauses (c), (d), (e), (f), (k), (l), (y) and (cc) of the definition of “Permitted Lien”), that portion of the Annual Net Revenues of the Company in an amount equal to the Included Product Payment Amount for each Calendar Quarter during the Payment Term.