Revenue Share Matrix Sample Clauses

Revenue Share Matrix. The Revenue Share payable by WORLDSPAN to Microsoft shall consist of the Base Revenue Share set forth below. The Incentive Revenue Share appearing in Appendix 1 of Amendment No. 1 is eliminated. The Revenue Share of Airline Fees shall be based on the number of Power Shopper messages per net Segment per month. The “Revenue Share” column indicates the percentage amount of Airline Fees that will be paid by WORLDSPAN to Microsoft in accordance with Section 5 of Amendment No. 1, from dollar one. Power Shopper Messages per Net Segment per Month Revenue Share to Microsoft 30.01 and greater [**] 29.01-30.00 [**] 28.01-29.00 [**] 27.01-28.00 [**] 26.01-27.00 [**] 25.01-26.00 [**] 24.01-25.00 [**] 23.01-24.00 [**] 22.01-23.00 [**] 21.01-22.00 [**] 20.01-21.00 [**] 19.01-20.00 [**] 18.01-19.00 [**] 17.01-18.00 [**] 16.01-17.00 [**] 15.01-16.00 [**] 14.01-15.00 [**] 13.01-14.00 [**] 12.01-13.00 [**] 11.01-12.00 [**]
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Revenue Share Matrix. The Revenue Share payable by WORLDSPAN to MICROSOFT shall consist of a Base Revenue Share and an Incentive Revenue Share. The Base Revenue Share of Airline Fees shall be based on the number of Power Shopper messages per net Segment per month. The “Base Revenue Share” column indicates that percentage amount of Airline Fees that will be paid by WORLDSPAN to MICROSOFT in accordance with Section 5 of the Amendment from dollar one. Power Per Net Shopper Segment Message Per Month Base Revenue Share 35.01 And Above Renegotiate 30.01 35.00 29.01 30.00 28.01 29.00 27.01 28.00 26.01 27.00 25.01 26.00 23.01 25.00 21.01 23.00 19.01 21.00 17.01 19.00 15.01 17.00 13.01 15.00 11.01 13.00 9.01 11.00 7.01 9.00 5.01 7.00 Below 5.01 The Incentive Revenue Share shall be based on the number of net Segments generated by MICROSOFT System users each month. The Incentive Revenue Share column indicates the percentage of Airline Fees that will be paid by WORLDSPAN to MICROSOFT on an incremental basis. [*] For example, and subject to the limitation in the next paragraph, if the net Segments for a particular month total [*], WORDSPAN will pay Microsoft an incentive Revenue Share equal to [*] for net Segments that exceed [*] but are less than [*] plus [*] for net Segments that exceed [*] but are less than [*]. The maximum Revenue Share of Airline Fees to be paid by WORLDSPAN to MICROSOFT on a monthly basis shall not exceed [*] [*] = Confidential treatment requested for redacted portion; redacted portion has been filed separately with the Commission. EXHIBIT A List of Participating Hotels and Participating Cars Paying Negotiated Car and Hotel Rates Participating Hotels: OWNED BY CODE HOTEL CHAIN/COMPANY UTELL UI UTELL UTELL IG INSIGNIA RESORTS UTELL TI MOUNT XXXXXXXXX XXXXX XX XXXXXX HOTELS UTELL MV MIRVAC HOTEL GROUP UTELL HE HELMSLEY XXXXXX XXXXX XX XXXXXXX HOTELS UTELL WX WEST COAST HOTELS XXXXX XX DISNEYLAND PARIS HOTELS UTELL BC COPTHORNE UTELL XL SUMMIT UTELL AN XXX XXXXX AZ AIRCO UTELL GT GOLDEN TULIP LEXINGTON SERVICES LM LEXINGTON SERVICES LEXINGTON SERVICES XX XXXXXX PROMUS PROMUS PROMUS HX HAMPTON INN PROMUS HG HOMEWOOD SUITES PROMUS ES EMBASSY SUITES VIP RESERVATIONS VP VIP RESERVATIONS VIP RESERVATIONS AS ALL SUITES HOTELS TSR TSR TSR SU SOUTHERN SUN TSR AH ASTON TSR CE SUISSE CHALET TSR SJ SIGNATURE INNS TSR DA DORAL HOTELS AND RESORTS TSR NY MANHATTAN EAST SUITES TSR FA FAIRMONT TSR RH REGISTRY TSR CM CAMINO REAL TSR XX XXXXX TSR XX XXXXXXX GROUP TSR PL PARK LANE TSR MO M...
Sample 1Sample 2
Revenue Share Matrix. The Revenue Share payable by WORLDSPAN to Microsoft shall consist of the Base Revenue Share set forth below. The Incentive Revenue Share appearing in Appendix 1 of Amendment No. 1 is eliminated. The Revenue Share of Airline Fees shall be based on the number of Power Shopper messages per net Segment per month. The "Revenue Share" column indicates the percentage amount of Airline Fees that will be paid by WORLDSPAN to Microsoft in accordance with Section 5 of Amendment No. 1, from dollar one. Power Shopper Messages per Net Segment per Month Revenue Share to Microsoft 30.01 and greater [*] 29.01-30.00 [*] 28.01-29.00 [*] 27.01-28.00 [*] 26.01-27.00 [*] 25.01-26.00 [*] 24.01-25.00 [*] 23.01-24.00 [*] 22.01-23.00 [*] 21.01-22.00 [*] 20.01-21.00 [*] 19.01-20.00 [*] 18.01-19.00 [*] 17.01-18.00 [*] 16.01-17.00 [*] 15.01-16.00 [*] 14.01-15.00 [*] 13.01-14.00 [*] 12.01-13.00 [*] 11.01-12.00 [*] 11.00 and less [*] If the number of Power Shopper messages per net Segment exceeds 30.00, or falls below 11.00, in an given month, then the parties shall renegotiate revenue share percentages in good faith. If the parties are unable to reach agreement within three (3) months, then at any time in the following three (3) months either party may terminate this Agreement upon a further six (6) months' written notice. In the meantime, the percentages set forth above shall apply. [*]=Confidential treatment requested for redacted portion; redacted portion has been filed separately with the Commission. This Amendment No. 4 to the CRS Marketing, Services and Development Agreement (the "Amendment") is entered into as of July 1, 2001 (the "Amendment Effective Date"), by and between Expedia, Inc. ("EI"), a Washington corporation with its principal office at 00000 XX Xxxxxxxx Xxx, Xxxxx 000, Xxxxxxxx, XX 00000, and Worldspan, L.P., a Delaware limited partnership ("Worldspan"), with its principal office at 000 Xxxxxxxx Xxxxxxx, XX, Xxxxxxx, Xxxxxxx 00000.
Sample 1
Revenue Share Matrix. The Revenue Share payable by WORLDSPAN to MICROSOFT shall consist of a Base Revenue Share and an Incentive Revenue Share. The Base Revenue Share of Airline Fees shall be based on the number of Power Shopper messages per net Segment per month. The "Base Revenue Share" column indicates that percentage amount of Airline Fees that will be paid by WORLDSPAN to MICROSOFT in accordance with Section 5 of the Amendment from dollar one. [*] [*] The redacted portion, indicated by this symbol is the subject of a confidential treatment request. The Incentive Revenue Share shall be based on the number of net Segments generated by MICROSOFT System users each month. The Incentive Revenue Share column indicates the percentage of Airline Fees that will be paid by WORLDSPAN to MICROSOFT on an incremental basis. [*] For example, and subject to the limitation in the next paragraph, if the net Segments for a particular month total [*], WORDSPAN will pay Microsoft an incentive Revenue Share equal to [*] for net Segments that exceed [*] but are less than [*] plus [*] for net Segments that exceed [*] but are less than [*]. The maximum Revenue Share of Airline Fees to be paid by WORLDSPAN to MICROSOFT on a monthly basis shall not exceed [*] [*] The redacted portion, indicated by this symbol is the subject of a confidential treatment request. EXHIBIT A List of Participating Hotels and Participating Cars Paying Negotiated Car and Hotel Rates Participating Hotels: [*]
Sample 1

Related to Revenue Share Matrix

  • Revenue Share Effective as of July 1, 2001, Paragraph A of Schedule 11.1, attached as Appendix 1 to Amendment No. 4 of the Agreement shall be deleted and replaced in its entirety by the following Paragraph A:

  • Earn-Out Payment As part of the Consideration, the Acquirer shall cause the REIT to pay to the Contributor (or its designee), within sixty (60) days after the "Calculation Date" (as defined below), an amount equal to the Earn-Out Payment (as calculated below); provided, however, that the amount of the Earn-Out Payment shall not exceed $1,800,000. If during the period beginning on the date on which the Project is open for business and available for use by paying overnight guests and ending on the date which is thirty-six (36) full calendar months after the last day of the month in which such opening date occurs (the "Calculation Date") the cumulative "Operating Profit" for the Project (as that term is defined in that certain Management Agreement to be entered into as of Closing (the "Management Agreement") between the TRS Affiliate (as defined below) and Crestline Hotels & Resorts, Inc.) is more than $9,500,000, then the Earn-Out Payment shall be equal to fifty percent (50%) of the difference between (a) the actual amount of the cumulative Operating Profit (as of the Calculation Date) for such 3-year period, and (b) $9,500,000. In the event the cumulative Operating Profit for such 3-year period is $9,500,000 or less, then no Earn-Out Payment shall be payable. If the Contributor is entitled to the Earn-Out Payment pursuant to this Section 1.3, then the Contributor (or its designee) shall receive the Earn-Out Payment in the form of Units, provided the Contributor (or its designee) continues to be an "accredited investor" as described herein. The number of Units delivered to the Contributor (or its designee) shall be equal to the calculated amount of the Earn-Out Payment divided by the average closing price per Common Share of the REIT for the twenty (20) trading days immediately preceding the Calculation Date.

  • Earn-Out Payments (i) Promptly, but in any event within five (5) Business Days, after the Escrow Agent’s receipt of joint written instructions (“Earn-Out Payment Instructions”) from the DT Representative (on behalf of Purchaser) and the Seller Representative that for any Earn-Out Year there has been a final determination in accordance with Section 2.2 of the Share Exchange Agreement (but subject to Sections 2.4 and 2.5 of the Share Exchange Agreement) with respect to the Earn-Out Payment for such Earn-Out Year or the Alternative Earn-Out Payment (the date that the Escrow Agent receives Earn-Out Payment Instructions with respect to any Earn-Out Year, an “Earn-Out Release Date”), the Escrow Agent shall distribute Escrow Property from the Escrow Account in accordance with such Earn-Out Payment Instructions (A) to the Sellers in an amount equal to the Earn-Out Payment (excluding for the avoidance of doubt, the amount of any Accrued Dividends payable by the Purchaser separate from the Escrow Account) less the sum of (I) the Reserved Amount (as defined below) as of the date of such payment, and (II) the amount of any Indemnification Claims that have been paid from the Escrow Account prior to such time but have not previously been used to reduce the amount of any prior Earn-Out Payment (but net of any prior Earn-Out Payments that have not yet been paid and are still being retained in the Escrow Account as of such time for Indemnification Claims that are still Pending Claims as of such time), up to a maximum amount equal to such Earn-Out Payment, and (B), after the last Earn-Out Year only, to Purchaser any portion of any Earn-Out Payments that were not earned by the Sellers in accordance with the Share Exchange Agreement. For the determination of the Escrow Shares to be withheld for the Reserved Amount, the Escrow Shares shall be valued at the Purchaser Share Price as of the applicable Earn-Out Release Date.

  • Revenue Sharing Developer shall pay to Fig, or Fig shall retain (as applicable), the Fig Share in accordance with the terms below.

  • Total Shareholder Return (i) Up to twenty-five percent (25%) of the RSUs granted to the Participant pursuant to this Agreement shall vest, if at all, based upon the Total Shareholder Return for the Company, as compared to the Comparison Companies, for the Performance Period in the manner set forth on Exhibit 1-A hereto.

  • Earn-Out Nothing in this Agreement shall affect Executive's right to Earn-Out payments under the Stock Purchase Agreement.

  • Minimum Shareholders’ Equity The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $500,000,000 plus 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the Ninth Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).

  • Earnout Payment In addition to the Closing Payment Shares, if Madhouse meets certain performance requirements during a three-year performance period ending December 31, 2022 as set forth on Schedule II (the “Earnout Provisions”), then the Purchaser shall make the one-time payment (the “Earnout Payment”) determined in accordance with the Earnout Provisions, payable to the Seller and the long-term incentive plan (described below). As set forth in more detail in, and subject to, the Earnout Provisions, the Earnout Payment will be made in the form of (a) the Purchaser issuing to the Seller additional Purchaser Common Shares (the “Earnout Payment Shares”) in the amount calculated pursuant to the Earnout Provisions, (b) a cash payment, (c) a subordinated promissory note issued by the Purchaser to the Seller, or (d) a combination of the foregoing payment methods. The Earnout Payment shall be made by the Purchaser within five (5) Business Days after a final determination of payment due to the Seller pursuant to this Section 3.1. The Purchaser hereby covenants and agrees to perform its obligations set forth in the Earnout Provisions and to maintain the highest number of Purchaser Common Shares potentially issuable under the terms of the Earnout Provisions (which number shall not be less than 22,200,000) available for issuance with respect to Earnout Payment Shares without any restriction or limitation thereof, at all times after the Closing until all of the payment obligations set forth in the Earnout Provisions have been satisfied or have expired. The amount of the Earnout Payment (i) is subject to reduction as set forth in the Earnout Provisions and Article VIII and, (ii) as set forth in the Earnout Provisions, has been partially and irrevocably assigned by Seller to fund a long-term incentive plan to be established for the benefit of designated individuals employed by or associated with the Group Company business, in a manner that shall be determined in Seller’s discretion, provided that Seller shall not receive any portion of such assigned Earnout Payment.

  • Sales Milestone Payments Licensee shall notify MTI of any Calendar Year in which annual Net Sales of a Licensed Product in such Calendar Year in all countries in the Territory reach the following thresholds for the first time within [***] days after the end of such Calendar Year, and shall make the following sales milestone payments to MTI within [***] days after receiving an invoice from MTI therefor: Annual Net Sales Threshold Sales Milestone Payment [***] [***] [***] [***] [***] [***] Each sales milestone payment is separate and may only be earned once for each Licensed Product, irrespective of the number of times such thresholds are achieved for such Licensed Product, but if more than one Net Sales threshold is reached in the same Calendar Year, all corresponding sales milestone payments shall be payable during such Calendar Year. For example, if annual Net Sales of a Licensed Product first reach [***] dollars [***] in Calendar Year 1, [***] dollars [***] shall be payable to MTI for such Calendar Year 1, however, if annual Net Sales of a Licensed Product first reach [***] dollars ($500,000,000) in Calendar Year 2 [***] Portions of this exhibit have been redacted pursuant to a confidential treatment request. An unredacted version of this exhibit has been filed separately with the Commission. (without first reaching [***] dollars [***] in Calendar Year 1), then both the [***] dollars [***] and the [***] dollars [***] sales milestone payments would be payable to MTI for such Calendar Year 2. Net Sales of the Co-Exploited Product in the United States, which are subject to profit and loss sharing pursuant to the Co-Exploitation Terms, shall be excluded from the annual Net Sales of such Co-Exploited Product for purposes of this Section 7.10.

  • Sales Milestones As to each of the sales milestone events set forth below, GSK shall pay EPIZYME the non-refundable, non-creditable sales milestone payments indicated below upon the first achievement by GSK, its Affiliates or Sublicensees of the success milestone events set forth below with respect to each Selected Target, on a Selected Target-by-Selected Target basis. Sales Milestone Event (For Licensed Products directed to a Selected Target) Milestone Payment (in $ [**]) First Calendar Year in which aggregate world-wide Net Sales of Licensed Product(s) directed to such Selected Target are greater than or equal to $[**] [** ] First Calendar Year in which aggregate world-wide Net Sales of Licensed Product(s) directed to such Selected Target are greater than or equal to $[**] [** ] First Calendar Year in which aggregate world-wide Net Sales of Licensed Product(s) directed to such Selected Target are greater than or equal to $[**] [** ] Upon achievement by or on behalf of GSK, its Affiliates or Sublicensees of a sales milestone event set forth in this Section 6.7, GSK shall promptly (but in no event later than the date on which the royalty report for the Calendar Quarter in which such achievement occurs is due pursuant to Section 6.10.1) notify EPIZYME of such achievement, and GSK shall pay EPIZYME the corresponding sales milestone payment within [**] days after receipt of an invoice for the milestone payment from EPIZYME. Such invoice shall be sent to GSK’s Alliance Manager and [**] with a copy to [**] (or such other email address(es) as may be notified to EPIZYME by GSK). For the avoidance of doubt, more than one of the foregoing sales milestone payments may be earned and become payable with respect to Licensed Products directed to any given Selected Target in the same Calendar Year based on aggregate world-wide Net Sales of Licensed Product(s) directed to such Selected Target during such Calendar Year.

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