Revenue Payments definition
Examples of Revenue Payments in a sentence
The Company shall pay the Executive the Gross Revenue Payments on an annual basis and shall be paid within fifteen (15) days after the audited financial statements for the applicable calendar year are issued.
For QW, only 77 percent of the incoming data has a verified name and SSN combination, since some states and employers do not capture enough name information in their records to complete this process.
In addition, the Seller hereby agrees to pay to the Buyer the Revenue Payments on the terms and conditions set forth herein.
The Net Sales used for computing the Revenue Payments payable to Seller by Buyer will be computed in U.S. dollars.
As full consideration of Seller’s sale, transfer, assignment, conveyance, delivery, license or sublicense of the Assets to Buyer, Buyer will assume the Assumed Liabilities and pay and deliver or cause to be paid and delivered to Seller, in the manner set forth in this Section, an aggregate purchase price (the “Purchase Price”) equal to the sum of the Initial Purchase Price set forth in Section 3.1(a) and the Milestone and Revenue Payments, if applicable, set forth in Section 3.1(b).