Revenue Participation Right definition

Revenue Participation Right means the right to receive the Royalty Payments.

Revenue Participation Right means collectively all of the Buyer’s rights to receive the Payment Stream.

Revenue Participation Right means the right to receive the Participation Payments.

Examples of Revenue Participation Right in a sentence

• This is part of the Revenue Participation Right that Venturesome has purchased.

• Notwithstanding any provision in this Agreement to the contrary, the Buyer is only agreeing, on the terms and conditions set forth in this Agreement, to purchase, acquire and accept the Revenue Participation Right and is not assuming any liability or obligation of the Seller of whatever nature, whether presently in existence or arising or asserted hereafter.

• In this case, Venturesome pays to CTT £50,000 for a Revenue Participation Right.

• At the Closing and upon the terms and subject to the conditions of this Agreement, the Seller shall sell, transfer, assign and convey to the Buyer, and the Buyer shall purchase, acquire and accept from the Seller, the Revenue Participation Right free and clear of all Liens.

• Upon the Closing, the Buyer will have acquired, subject to the terms and conditions set forth in this Agreement, good and marketable title to the Revenue Participation Right, free and clear of all Liens, except for a Permitted Lien.

More Definitions of Revenue Participation Right

Revenue Participation Right means the “Revenue Participation Right” as such term is defined in the Royalty Financing Agreement as in effect on the date hereof.

Revenue Participation Right means the Tranche 1 Revenue Participation Right and the Tranche 2 Revenue Participation Right, in each case, individually or collectively as the context requires.

Revenue Participation Right means the right to receive the Royalty Payments payable with respect to Included Product Revenue during the period from (and including) the Closing Date through (and including) the Royalty Termination Date.

Revenue Participation Right means, collectively, all of UTS1’s rights to receive the Payment Stream.

Revenue Participation Right means, collectively, all of Working Interest Holder’s rights to receive the Payment Stream.

Revenue Participation Right means the right to receive the Participation Payments. “Royalty Rate” means the percentage of that portion of annual worldwide Net Sales of the Product during a calendar year set forth below: Annual Worldwide Net Sales Royalty Rate Portion less than or equal to $2,000,000,000 4.15% Portion greater than $[***] and less than or equal to $[***] [***]% Portion greater than $[***] and less than or equal to $[***] [***]% Portion greater than $6,000,000,000 1.75%

Revenue Participation Right means all of Palvella’s right, title and interest in, to and under the Royalties, including the right to receive the Royalties, whether now owned or existing or hereafter arising or acquired, together with all proceeds thereof.