Allocation of Revenue. In order to allocate fairly revenues relating --------------------- to licenses of TSI and Reuters Parties products, services or any other item and the provision of related maintenance and support, such revenues shall be determined in accordance with the following:
(i) The Reuters Parties shall allocate fees fairly as between the TSI Product license and maintenance fees, on the one part, and any Reuters or TFT products, services or any other item, sold in connection with any customer transaction or series of related transactions. Such fair allocation shall be based on a presumption that TSI Product license or maintenance fees have not been discounted at a greater rate (based on standard list price) than any Reuters or TFT products, maintenance, services or any other item, sold in connection with any customer transaction or series of related transactions.
(ii) The Reuters Parties shall not structure any customer transaction or series of transactions with the purpose of reducing the pricing or allocation of TSI Product license or maintenance fees in relation to any such Reuters or TFT products or services or other items. For example, in a transaction that includes TSI Products and Reuters or TFT services, Reuters and TFT shall fairly allocate service fees only for services actually performed and shall not, in connection with the determination of the amount properly allocable to sales of products, deem TSI Product or license fees to have been discounted in a proportionate amount greater than the proportionate amount that such services have been discounted. The provisions of this Section 6.4(i) and (ii) shall apply mutatis mutandis to the allocation of revenues of TSI that are subject to a payment obligation from TSI to any Reuters Party under this Agreement.
Allocation of Revenue. 6.1: Revenue generated by the Foundation shall be used in accordance with the purposes of the Foundation and generally in the following order: 1) operating expenses of the Foundation, 2) reserves of the Foundation as established by its Directors, and 3) charitable and educational student, college and district programs. In all cases, revenues shall be expended or reserved in accordance with, and aligned to the priorities established within Foundation, college and District policies and strategic plans.
Allocation of Revenue. Adimab and Alector shall each be reasonably available to negotiate in good faith the determination of (i) Program Trade Sale Proceeds (in the case of an Alector Change of Control) (ii) Program Transaction Revenue which is Multi-Product Deal Program Transaction Revenue (in the case of a Multi-Product Deal) based on the proportion of the Program Transaction Revenue which is allocable to Licensed Antibodies and Products, and (iii) Program Transaction Revenue which is allocable to Optimized Antibodies and to Program Antibodies/Program Benefitted Antibodies that are not Optimized Antibodies, as provided in the penultimate sentence of Section 4.4 below. If despite good faith efforts the Parties are unable to agree upon such determinations within such [***] period, then Alector may request that a Third Party determine the allocation in accordance with Section 10.2. As part of such negotiation or arbitration, the Parties shall value Combination Products, if applicable, pursuant to the principles set forth in Sections 4.4 and 4.5(d). *** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request.
Allocation of Revenue. (i) XXX.XXX shall pay Rogers fifty percent (50%) of the Net E-Commerce Revenue. XXX.XXX shall invoice and collect all Net E-Commerce Revenue. Net E-Commerce Revenue shall be aggregated on a calendar quarterly basis, and XXX.XXX shall pay Rogers fifty percent (50%) of the Net E-Commerce Revenue within thirty (30) days of the end of each calendar quarter. For greater certainty, XXX.XXX agrees that it shall not deduct any portion of the Net E-Commerce Revenue payable by XXX.XXX to a third party (including, without limitation, any portion payable to Torstar or to AOL) from the calculation of the total Net E-Commerce Revenue of which XXX.XXX shall pay Rogers fifty percent (50%). XXX.XXX shall complete a Net E-Commerce Revenue Report in the form attached hereto as Schedule "I" for each applicable payment period and shall remit each such report along with each payment due hereunder.
(ii) Rogers shall pay XXX.XXX fifty percent (50%) of the Net Promotional Revenue. Rogers shall invoice and collect all Net Promotional Revenue. Net Promotional Revenue shall be aggregated on a calendar quarterly basis, and Rogers shall pay XXX.XXX fifty percent (50%) of the Net Promotional Revenue within thirty (30) days of the end of each calendar quarter. Rogers shall complete a Net Promotional Revenue Report in the form attached hereto as Schedule "J" for each applicable payment period and shall remit each such report along with each payment due hereunder.
Allocation of Revenue. Each Associate shall retain his or her own billing number for the purposes of billing OHIP for services provided to the Associates’ patients. Each Associate shall retain or have allocated to him or her, the revenue generated from the following sources:
(a) OHIP Xxxxxxxx with respect to the Associate’s patients;
(b) Third Party Fee for Service Xxxxxxxx generated by the Associates, including medical/legal reports and WSIB payments;
(c) Revenue received from xFHT relating to the employment of nurses for the Association to be allocated amongst the Associates pursuant to the formula set forth in Section 3.3(c) hereunder;
(d) Twenty-five per cent (25%) of the revenue received from xFHT relating to nursing overhead;
(e) Revenue received from xFHT relating to office administration for the Association to be allocated amongst the Associates pursuant to the formula set forth in Section 3.3(c) hereunder;
(f) Twenty-five per cent (25%) of the revenue received from xFHT relating to mental health overhead;
(g) Twenty-five per cent (25%) of the revenue received from xFHT relating to registered dietician overhead;
(h) Fee for Service (shadow billing) revenue received from HxxHO with respect to the Associate’s patients;
(i) Twenty-five per cent (25%) of the revenue received from xxFHO with respect to long term care on call;
(j) Access Bonus revenue received from HxxHO with respect to the Associate’s patients;
(k) Twenty-five per cent (25%) of the revenue received from xxFHO with respect to electronic medical records;
(l) Fee for Service (shadow billing) revenue for locums which the Associate employs, or in the event the locum is employed by the Association or two or more associates, such revenue shall be allocated pursuant to the formula set out in Section 3.3(c) hereunder;
(m) Twenty-five per cent (25%) of the revenue received from xxFHO with respect to the nurse practitioner interaction fee;
(n) Revenue received from MOHTC relating to the employment of nurse practitioners for the Association, overhead and administration expense of the Association, all of which are to be allocated amongst the Associates pursuant to the formula set forth in Section 3.3(c) hereunder. The Clinic Manager shall be responsible for submitting each Associate’s xxxxxxxx to OHIP and for rendering accounts to third parties for services provided by each Associate, and xxxxxxxx relating to the Associates’ participation in the HEFHO Agreement. OHIP xxxxxxxx will be prepared and submitted to OHIP by the ...
Allocation of Revenue. Revenue from the Project in excess of expenses shall be divided between the parties with ASQ member unit receiving [insert number]% and Co-Sponsor receiving [insert number]%. Revenue exceeding expenses for the Project shall be distributed by [insert date]. If, after each party has paid the specific expenses attributed to them, and expenses for the Project still exceed revenue, the remaining expenses shall be paid for with the ASQ Section paying [insert number]% and the Co-Sponsor paying [insert number]%. Any modification to the above allocation of expenses and revenues must be in writing and agreed to by both parties. All financial information and books and records pertaining to the Project shall be maintained with [[insert name]] at [insert address]. The authorized representative of either party may inspect and have access to the records upon providing reasonable notice to the other.
Allocation of Revenue. Beginning on the Base Date, Net Sales Revenue shall be allocated and paid on a monthly basis as follows:
(a) For each calendar month during the period following the Base Date, Licensee shall receive from Net Sales Revenue a payment equal to the sum of (i) Reimbursable Station Expenses for such month to the extent such Reimbursable Station Expenses are consistent, in character and amount, with Licensee’s Expense Schedule, (ii) the JSA Fee, and (iii) 25% of Station Broadcast Cash Flow for such month; provided that no amount shall be due under this clause (iii) of Section 2(a) unless and until the cumulative Broadcast Cash Flow for the period commencing on the Base Date exceeds $2,000,000, and provided further, however, that the percentage of Station Broadcast Cash Flow payable to Licensee pursuant to this clause (iii) of Section 2(a) shall be reduced from 25% to 10% for the excess, in any month, of Broadcast Cash Flow over $2,500,000. The foregoing notwithstanding, Licensee shall not be entitled to receive any amount pursuant to clause (iii) of this Section 2(a) if, at the time such amount is due (the “Cash Flow Payment Date”), the aggregate amount of Net Sales Revenue during the period from the Base Date until the Cash Flow Payment Date is less than the sum of the Reimbursable Station Expenses and JSA Fees paid to the KSMO Parties during the period from the Base Date until the Cash Flow Payment Date.
(b) For each calendar month during the period following the Base Date, Sales Agent shall receive from Net Sales Revenue an amount equal to the Net Sales Revenue for such month less the Licensee Revenue Share for such month.
Allocation of Revenue. Any Revenue from an Alliance Activity will be shared as follows:
(a) Helix shall receive one hundred percent (100%) of all Revenue related to Helix Alliance Assets. Helix shall be responsible for providing operational maintenance, including storage and routine maintenance on the Helix Alliance Assets that are in service, or if not in service, onshore as required to maintain systems in operational readiness.
(b) With respect to any sale of an Alliance Well Access Package to a third party, or a lease of an Alliance Well Access Package to a third party on a “stand alone” basis (i.e., not in connection with the use of a Helix vessel), OneSubsea and Helix shall each retain fifty percent (50%) of all net Revenue related to such sale or lease of such Alliance Well Access Package, as described further in the JEMA.
(c) Schlumberger shall receive one hundred percent (100%) of all Revenue related to the supply of Schlumberger Well Intervention Services.
(d) If an Alliance Activity third-party contract includes an incentivization scheme, the Parties shall agree in writing to an appropriate revenue allocation mechanism prior to undertaking work under the contract.
Allocation of Revenue. For any month where Monthly Arena Revenue exceeds Monthly Arena Operating Expenses, the difference between Monthly Arena Revenue and Monthly Arena Operating Expenses shall first be allocated to offset contributions by Midwest during the term of this Amendment that exceed fifty percent (50%) of the Monthly Arena Operating Expenses. The remaining Monthly Arena Revenue will be prorated between Midwest and MCDA based on their relative contributions to the Monthly Arena Operating Expenses to date made after the effective date of this Amendment. MCDA’s share of such excess Monthly Arena Revenue will be a credit against future requests by Midwest for MCDA Operating Support.
Allocation of Revenue. (a) The Partnership hereby confirms that it is its practice to (i) generate a delivery ticket (“Delivery Ticket”) at the time it delivers to its customers any downhole rental equipment (“Equipment”), (ii) quote on the Delivery Ticket the rental charge which will be due upon the use of the Equipment by the customer (“Rental Charges”), and (iii) invoice customers for Rental Charges only after the customer has used and returned the Equipment to the Partnership.
(b) Subject to Subsection (c) hereof, Rental Charges with respect to Equipment which (i) have been invoiced pursuant to the practice described above prior to the Closing or (ii) Rental Charges on Equipment that has been returned but have not be invoiced prior to the Closing and which may be invoiced pursuant to the practice described above, shall be considered revenue attributable to periods prior to the Effective Time and shall be owned and be collected by the Partnership. All other Rental Charges with respect to the Acquired Assets shall be considered revenue of Turbeco and shall be owned and collected by Turbeco.
(c) All compensation payable by customers for “lost in the hole” or damaged Equipment shall be payable to Turbeco and not the Partnership. Turbeco shall be solely responsible for any expense to repair or replace any Equipment which is located at the premises of a customer at the time of Closing pursuant to a Delivery Ticket.
(d) To compensate the Partnership for its agreement pursuant to this Section, Turbeco shall pay the Partnership at the Closing an amount equal to one-half of the aggregate Rental Charges quoted on the Delivery Tickets which are outstanding as of Closing with respect to the Equipment which is in the possession of customers as of the time of Closing.
(e) After Closing, the Partnership and Turbeco shall provide to each other upon request such accounting and financial information as shall be required to confirm compliance by the parties with this Section.
(f) Without limiting in any respect Article IV of this Agreement, prior to the Closing the Partnership shall deliver Equipment to customers, accept the return of Equipment from customers, quote Rental Changes on the Delivery Tickets, and invoice customers for Rental Charges only in the ordinary course of business consistent with past practice.
