Definition of Technology Revenues

  1. Technology Revenues means the gross revenues of the Purchaser and its Subsidiaries and any Purchaser Sublicencee which are derived, directly or indirectly, from the exploitation of the Technology by the Purchaser and/or its Subsidiaries and/or any Purchaser Sublicencee;

Examples of Technology Revenues in a sentence

  1. The Purchaser shall pay the Vendor (the "Revenue Sharing Payments"), ten percent (10%) of the Technology Revenues, within thirty (30) days following the receipt of any Technology Revenues by the Purchaser and/or its Subsidiaries and/or any Purchaser Sublicencee, as the case may be.

Definition of Technology Revenues in Asset Purchase Agreement

Technology Revenues means the gross revenues of the Purchaser and its Subsidiaries and any Purchaser Sublicencee which are derived, directly or indirectly, from the exploitation of the Technology by the Purchaser and/or its Subsidiaries and/or any Purchaser Sublicencee;