Revenue Interest means, with respect to the Existing License Agreement, any and all of NGX’s rights to receive (i) any payments under Section 3 or Section 4 (except Section 4.4) of the Existing License Agreement, including, without limitation, rights to receive Sales Milestones (as defined in the Existing License Agreement) under Section 3.2 of the Existing License Agreement, the Option Retention Fee (as defined in the Existing License Agreement) under Section 3.3.2 of the Existing License Agreement, the Option Exercise Fee (as defined in the Existing License Agreement) under Section 3.3.3 of the Existing License Agreement, and Earned Royalties (as defined in the Existing License Agreement) under Section 4 of the Existing License Agreement, in each case payable on and after Xxxxx 0, 0000, (xx) any payments under Section 11.5.2 of the Existing License Agreement in amounts in the aggregate in excess of out-of-pocket costs and expenses (including reasonable attorneys’ and professional fees) incurred in connection with any Enforcement Action (as defined in the Existing License Agreement), (iii) any payments similar to those described in clauses (i) and (ii) from Astellas or its affiliates with respect to Licensing Option Products (as defined in the Existing License Agreement), regardless of whether such Licensing Option Products [***]Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. are included under the Existing License Agreement or licensed to Astellas pursuant to a separate agreement, (iv) any payments similar to those described in clauses (i), (ii) and (iii) under any Replacement License Agreement, (v) any payments similar to those described in clauses (i) - (iv) made by a Licensee after rejection of the Existing License Agreement or Replacement License Agreement by NGX in bankruptcy, and (vi) any other payments for or derived from the sale, offer for sale (including marketing and promotion), distribution or other commercialization or exploitation of Licensed Products in the Territory. The Revenue Interest excludes all rights under any License Agreement to receive (a) payments or amounts which are used to pay Third Parties for rights to intellectual property necessary for or incorporated in the Licensed Products (including amounts payable (I) under Section 4.4 of the Existing License Agreement, (II) to The Regents pursuant to Se...
Revenue Interest has the meaning set forth in the Financing Agreement.
Revenue Interest means all of Product Sub’s rights, title and interest in and to that portion of accounts receivable and royalty receivables arising out of sales of the Product worldwide.
Examples of Revenue Interest in a sentence
To be effective, this notice (a “Title Defect Notice”) must (i) be in writing; (ii) be received by Seller prior to the expiration of the Examination Period; (iii) describe the Title Defect in sufficient, specific detail (including any alleged variance in the Net Revenue Interest or Working Interest); (iv) identify the specific Asset or Assets affected by the Title Defect; and (v) include the value of the Title Defect as determined by Buyer.
The Interest Rates, the Interest Amount, the Notes Payment Date, the Class X Revenue Interest Amount and the Step-up Consideration so published may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Interest Period.
Interest Amounts, the Class X Revenue Interest Amount, the Step-up Consideration and Notes Payment Dates The Paying Agent and/or the Reference Agent (as applicable) will cause the relevant Interest Rates, the relevant Class X Revenue Interest Amount and the Notes Payment Date applicable to the relevant Class of Notes to be notified to the Issuer, the Security Trustee, the Paying Agent, the Issuer Administrator, the holders of such Class of Notes and the Luxembourg Stock Exchange.
The Class X Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class X Notes and any Class X Revenue Interest Amount after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Transaction Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.
The determination of the relevant Interest Rate, each Interest Amount, each Class X Revenue Interest Amount and each Step-up Consideration by the Paying Agent or the Issuer, as applicable, shall (in the absence of manifest error) be final and binding on all parties.
More Definitions of Revenue Interest
Revenue Interest means at any point in time the percentage of the total of all Hydrocarbons produced and saved from the OML 113 Lease (after the deduction therefrom of any and all Royalties and other amounts assessed against such production and payable to the Government) which a Party is entitled to receive pursuant to the provisions of the Joint Operating Agreement and Article 2 of this Agreement, being the sum of such Party’s share of the Cost Recovery Account and the Profit Account.
Revenue Interest means the gross revenues from Production attributable to a Working Interest, a list of which is set forth on Schedule 1. 44 hereto.
Revenue Interest means the, Working Interest, less applicable burdens, proportionately reduced. Operating Agreement has the meaning ascribed to it in Article 5. Objective Depth has the meaning ascribed to it in Article 6, Preferential Right to Purchase means obligations with respect to a Lease or its related agreements that exist at the Effective Date and that may include requirements to satisfy obligations, including, but not limited to, the obligation to offer the terms and provisions of this Agreement or the Initiative to a third party holding contractual rights applicable to a Lease, Prospect means, in general, a geologic structural, stratigraphic trap or combination thereof that is believed to have the potential for accumulations of hydrocarbons, as defined in the Initiative, in commercial quantities and that lies at a depth greater than or equal to fifteen thousand feet (15,000) subsea and whose associated Lease may obtain royalty relief pursuant to 30 CFR 203 as amended or a similar royalty relief provision contained in the Lease itself. Prospect means, specifically as it relates to this Agreement, the Saltamontes Profundo aspect. Prospect Area means the geographic area encompassing the Prospect and any depth limitation applicable thereto, as fully described on Exhibit "A" hereto, and which shall be identified by legal description appropriate for recording purposes with the MMS. Working Interest means the undivided interest of a Party, expressed as a percentage of the total interests of all Parties, in the rights and obligations derived from this Agreement and also means the undivided interest of a party, expressed as a percentage of the total interests of all Parties, in the rights and obligations in and to a Lease. ARTICLE 2
Revenue Interest means an Interest in the Adjusted Gross Revenues — initially owned by Value Line, Inc. ("VLI).
Revenue Interest shall have the meaning given to that term in the Revenue Sharing Agreement.
Revenue Interest means any and all of the rights of Zogenix and/or any of its Subsidiaries, subject to the percentages set forth in Section 2.02(a), to (i) Included Product Payments reported by Zogenix on a consolidated basis from [***] through and including the Maturity Date; and (ii) as received by Zogenix, any other payments for or derived from the Exploitation of Included Products in the Territory (which for purposes of determining the Revenue Interest Payments under Sections 2.02(a) and 2.04 shall be deemed part of “Included *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. Product Payments”). For clarity, (a) damage awards and settlement proceeds received by Zogenix and/or any of its Subsidiaries arising out of infringement actions and other litigation that are allocable as compensation for lost sales or profits of an Included Product or awarded as punitive damages shall be included in the Revenue Interest and (b) Excluded Revenue Interests shall not be included in the Revenue Interest.
Revenue Interest. (or words of similar import), (2) cause Mercury Sub to be obligated to bear a decimal or percentage share of the cost of exploration, development and operation of such tract of land not greater than the decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such tract opposite the words "Working Interest" (or words of similar import) and (B) if such Mercury Property is shown in Section 2.2(o) of the Mercury Disclosure Letter to be subject to a unit or units, with respect to each such unit, (1) entitle Mercury Sub to receive a decimal or percentage share of all substances covered by such unit which are produced from, or allocated to, such unit equal to not less than the decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such Mercury Property opposite the words "Unit Net Revenue Interest" or words of similar import (and if such Mercury Property is subject to more than one unit, words identifying such interest with such unit), and (2) obligate Mercury Sub to bear a decimal or percentage share set forth in Section 2.2(o) of the Mercury Disclosure Letter in connection with such Mercury Property opposite the words "Unit Working Interest" or words of similar import (and if such Mercury Property is subject to more than one unit, words identifying such interest with such unit). With respect to each Mercury Property described in Section 2.2(o) of the Mercury Disclosure Letter which is subject to a voluntary or involuntary pooling, unitization or communication agreement and/or order, the term "tract of land" as used in this subsection (xi) shall mean the pooled, unitized or communitized area as an entirety and shall not be deemed to refer to any individual tract committed to said pooled, unitized or communitized area. Without limitation of the foregoing, the ownership by Mercury Sub of the Mercury Properties does and will, with respect to each well or unit identified in Section 2.2(o) of the Mercury Disclosure Letter entitle Mercury Sub to receive a decimal or percentage share of the oil, gas and other hydrocarbons produced from, or allocated to, such well or unit equal to not less than the decimal or percentage share set forth, for such well or unit, in the column headed "Net Revenue Interest" in Section 2.2(o) of the Mercury Disclosure Letter, and cause Mercury Sub to be obligated to bear a decimal or percentage share of the cost of operation of such well o...