Common use of Application of Gross Cash Proceeds Clause in Contracts

Application of Gross Cash Proceeds. Within sixty (60) days after the close of each of the Company’s fiscal quarters, the Company shall apply and distribute Gross Cash Proceeds in accordance with the following schedule of priorities:

Appears in 3 contracts

Samples: Operating Agreement (Patriot Scientific Corp), Commercialization Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp)

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Application of Gross Cash Proceeds. Within sixty (60) days after the close of each of the Company’s 's fiscal quarters, the Company shall apply and distribute Gross Cash Proceeds in accordance with the following schedule of priorities:

Appears in 1 contract

Samples: Limited Liability (Patriot Scientific Corp)

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