Division of Revenues Sample Clauses

Division of Revenues. To the extent Sellers receive proceeds attributable to the Assets and related to periods on or after the Closing Date, Sellers shall deliver such proceeds received after Closing (net of (A) out-of-pocket expenses incurred by Sellers in earning or receiving such proceeds and any fees payable or incurred in connection therewith not reimbursed to Sellers by a Third Party and (B) applicable Non-Income Taxes in respect of such proceeds paid or borne by Sellers and not reimbursed to Sellers by a Third Party or Buyer) to Buyer promptly upon Sellers’ receipt thereof. To the extent Buyer receives proceeds attributable to the Assets (other than proceeds received on account of the Acquired Accounts Receivable) and related to periods prior to the Closing Date, Buyer shall deliver such proceeds (net of (A) out-of-pocket expenses incurred by Buyer in earning or receiving such proceeds and any fees payable or incurred in connection therewith not reimbursed to Buyer by a Third Party and (B) applicable Non-Income Taxes in respect of such proceeds paid or borne by Buyer and not reimbursed to Buyer by a Third Party or Sellers) to Sellers promptly upon Buyer’s receipt thereof.
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Division of Revenues. (a) The division of revenues between EPI and EELP with respect to any International Joint Tariff Rates on file pursuant to this Agreement shall be determined on the basis of the proportions set forth in Attachment 4 hereto; provided, however, that if at any time the FERC or the NEB shall require an International Joint Tariff Rate to be reduced below the level contemplated by this Agreement solely because of a change in the underlying local rate of one or more of the Parties, any such reduction shall be reflected solely in the division of the Party or Parties whose local rate was the cause of the change; provided further that nothing in this Agreement shall prevent EELP from increasing its underlying local rate in accordance with applicable FERC regulations or orders, or from collecting the full amount of revenue resulting from such local rate increases in accordance with Attachment 4.
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Division of Revenues. The division of revenues between Licensor and Licensee shall be in accordance with Schedule II hereto which is incorporated by reference herein.
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Division of Revenues. During the term of this Agreement, except -------------------- as may otherwise be required by applicable law, Petro shall distribute to EPAC for its services as described above fifty percent (50%) of the total gross revenues from the Amusements provided by EPAC at the Facilities (and at such other Additional Facilities to which services are rendered by EPAC) (the "Amusements Revenues"), and, Petro shall retain for itself for the services it provides and the use of the Amusement Areas the remaining fifty percent (50%) of the Amusement Revenues.
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Division of Revenues. (1) All fares will be divided in accordance with the straight rate/prorate formula via procedures outlined in USAir Express Revenue Accounting Instruction Manual, unless the division of such fares is otherwise mutually agreed to by USAir and Contractor. (Under the straight rate/prorate formula, each parties' portion of the actual joint (through) fare is determined by the ratio of its prorate coach (Y) fare to the sum of the individual full (prorate) coach (Y) fares for all of the flight segments involved.)"
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Division of Revenues. 6.1 All revenue produced from the operation of Crude Oil Recovery shall be divided according to ownership percentage, namely, 51% going to Encore and 49% going to USCR. During the initial operations of the Company, all revenues generated by the joint venture shall be reinvested back into oil production to effect leasehold improvements, acquire additional leases, etc. No distributions of revenues shall be made without the mutual written consent of both Parties. This agreement constitutes the entire understanding between the parties with respect to the subject mater hereof and supersedes all negotiations prior to the execution hereof, and all preliminary agreements or understandings, written or oral. No waiver or modification of this agreement shall be binding unless it is in writing, signed by both parties. In witness hereof, the Parties have caused this agreement to be executed as of the date of this letter. U.S. CRUDE LTD., by ENCORE PRODUCTIONS, by /s/Xxxxxxx X. Xxxxxx /s/Xxxx Xxxxxxxxxx -------------------- ------------------ Xxxxxxx X. Xxxxxx Xxxx Xxxxxxxxxx
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Division of Revenues. (a) All fares wholly within and/or between the fifty (50) United States, the District of Columbia and Canada will be divided in accordance with the * unless the division of such fares is otherwise mutually agreed to by US Airways and Contractor. Under the *, each parties' portion of the actual joint (through) fare is determined by *.
Sample 1
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Division of Revenues. (1) All fares will be divided in accordance with [***], unless the division of such fares is otherwise mutually agreed to by US Airways and Contractor. [***] (2) Where either party has a connecting middle city within the routing revenue [***].
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Related to Division of Revenues

  • Allocation of Revenues All revenues relating to the Designated Property shall be allocated as follows: (i) 100% to CWEI before Payout and (ii) 1% to CWEI and 99% to the Participants after Payout, apportioned among the Participants in proportion to the percentages listed on Exhibit A attached hereto.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts receipts and not including rentals or other payments under Space Leases) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

  • Revenue All revenue from the event activities may be retained by Permittee.

  • Accounting and Fiscal Year Subject to Section 448 of the Code, the books of the Company shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the Management Committee. The Fiscal Year of the Company shall be the calendar year.

  • Accounting for Profits Employee covenants and agrees that if he violates the provisions of Sections 7, 9, 11, or 12 the Company shall be entitled to an accounting and repayment of all profits, compensation, commissions, remuneration or other benefits that Employee has realized and/or may realize as a result of or in connection with any such violation. These remedies shall be in addition and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law, in equity or under this Agreement.

  • Collect Revenues, Apply Accounts Lender, either itself or through a receiver, may collect the payments, rents, income, and revenues from the Collateral. Lender may at any time in Lender’s discretion transfer any Collateral into Lender’s own name or that of Lender’s nominee and receive the payments, rents, income, and revenues therefrom and hold the same as security for the Indebtedness or apply it to payment of the Indebtedness in such order of preference as Lender may determine. Insofar as the Collateral consists of accounts, general intangibles, insurance policies, instruments, chattel paper, choses in action, or similar property, Lender may demand, collect, receipt for, settle, compromise, adjust, xxx for, foreclose, or realize on the Collateral as Lender may determine, whether or not Indebtedness or Collateral is then due. For these purposes, Lender may, on behalf of and in the name of Grantor, receive, open and dispose of mail addressed to Grantor; change any address to which mail and payments are to be sent; and endorse notes, checks, drafts, money orders, documents of title, instruments and items pertaining to payment, shipment, or storage of any Collateral. To facilitate collection, Lender may notify account debtors and obligors on any Collateral to make payments directly to Lender.

  • Sublicense Revenue In the event Licensee or an Affiliate of Licensee sublicenses under Section 2.2, Licensee shall pay CareFusion **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of any Sublicense Revenues resulting from sublicense agreements executed by Licensee.

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