Royalty-Based Revenue definition

Royalty-Based Revenue means any gross revenue, derived in any way by Scanbuy in the Field of Use and in the Territory (as defined in Section 1.5) in connection with or relating to a user located in the Territory using a mobile device to scan a machine readable code, including without limitation advertising revenues, transactional revenue generated by barcode reading, in-kind payments, non-monetary consideration (valued at market value), clearing-house revenue, service fees, and includes all action oriented revenue, for example but not limited to content download and click to subscribe. For the avoidance of doubt, Royalty-Based Revenue does not include any revenue generated by Scanbuy in connection with or relating to users using a mobile device to scan a machine readable code while that user is located outside the Territory, for which such use is not in any way covered by the license herein.
Royalty-Based Revenue means any gross revenue, derived in any way by Mobile Tag in connection with or relating to the Field of Use, including without limitation advertising revenues, transactional revenue generated by barcode reading, in-kind payments, non-monetary consideration (valued at market value), clearing-house revenue, service fees, and includes all action oriented revenue, for example but not limited to content download and click to subscribe.
Royalty-Based Revenue shall be set forth in Exhibit D hereto.

Examples of Royalty-Based Revenue in a sentence

  • By way of example only, if the Net Royalty Based Revenue for a Fiscal Year equals $2,000,000,000 and Transferee actually received a Royalty of $30,000,000 with respect thereto, and the Net Royalty-Based Revenue for such Fiscal Year was subsequently reduced in accordance with GAAP to $1,000,000,000, the Royalty with respect to such Fiscal Year after taking into account such reduction would be $10,000,000 and the Setoff Amount equals $20,000,000 (Royalty received minus Royalty as-adjusted).

  • There is no right to sublicense granted herein, except that it is understood that parties contracting with Mobile Tag to operate within the Field of Use under the rights granted herein to Mobile Tag (“Mobile Tag Clients”) will fall within the license granted to Mobile Tag subject to termination of the license as set forth herein and provided that such Mobile Tag Clients are generating Royalty-Based Revenue subject to Paragraph 3.

Related to Royalty-Based Revenue

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Sublicense Revenue means [***].

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Sublicense Revenues means [***].

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Gross Profits means the gross profits calculated under section 4;

  • Net Sales means [***].

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Net Revenues means the difference between:

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Gross Revenue means:

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • System Revenues means all rates, rents, fees, charges,

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Sales Milestone Payment is defined in Section 5.3.

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).