Payment of Revenue Share. The Territory shall pay FORTY FIVE PER CENT (45%) of the Revenue (such share hereinafter referred to as "the Revenue Share") to the Company monthly in arrears due within thirty (30) days of receipt by the Territory from the Government of Victoria of the Territory's portion of the Duty in the manner directed by the Company.
Payment of Revenue Share. All Revenue Share for each Calendar Quarter due under this Article 3 are to be paid in Dollars and are due within thirty (30) days after the end of each Calendar Quarter. For conversion of foreign currency to Dollars, the conversion rate shall be the New York foreign exchange rate quoted in The Wall Street Journal on the day that the
Payment of Revenue Share. ADC shall pay NS8's revenue (exclusive of value added tax) to NS8 on a monthly basis at the rate as is mutually agreed by the Parties and specified in Schedule A hereto and executed by both Parties. The revenue share may be amended or modified from time to time by mutual agreement of the Parties.
Payment of Revenue Share. During the Term of the Agreement and following Launch of Product, within sixty (60) days after the end of each fiscal quarter, ROCHE shall provide PRAECIS with a report of actual Net Sales of Product sold by ROCHE in the United States for that fiscal quarter and shall compute the actual amount of Revenue Share owed by ROCHE to PRAECIS, subject, inter alia, to Sections 3.3(c) and 8.1. Payment of such Revenue Share shall accompany this report. In the event that there is a difference between the estimated units of Product sold and the actual units of Product sold for the given fiscal quarter, the parties shall make an adjustment to COGS Amount for the given period to reflect the difference. If for a given fiscal quarter the amount of estimated units of Products sold exceeded the amount of units of Product actually sold ("Overestimate"), ROCHE will deduct an amount reflecting the Overestimate from the Revenue Share otherwise due PRAECIS under this Agreement on account of sales of Product in the United States during the fiscal quarter. Notwithstanding the foregoing, if ROCHE, in its sole determination, concludes that a unit of Product, supplied by PRAECIS to ROCHE and intended for sale in the United States, reaches obsolescence, then ROCHE shall, within sixty (60) days after the end of the fiscal quarter in which such unit reaches obsolescence, pay to PRAECIS the COGS Amount for such unit as an inventory adjustment fee. In no event shall such obsolescence exceed the expiration date of such unit of Product. Such payment shall reflect the form of Product received from PRAECIS by ROCHE.
Payment of Revenue Share. Licensee shall pay the NS8 Revenue Share (exclusive of value added tax) to NS8 on a quarterly basis in the manner calculated and at the rate described in Schedule A. The NS8 Revenue Share will be paid by Licensee to NS8 within thirty (30) days after the last day of each January, April, July and October in each year of the Term of this Agreement and the License herein granted to Licensee. Payments will be accompanied by a report stating the number of Subscriber Transactions during the relevant quarter, and the calculation of the NS8 Revenue Share for the relevant payment period.
Payment of Revenue Share. Licensee shall pay NS8's revenue share (exclusive of value added tax) to NS8 on a monthly basis at the rate specified in Schedule A hereto. The revenue share may be amended or modified from time to time by mutual agreement of the Parties.
Payment of Revenue Share. Revenue Share will be calculated and reported by BryoLogyx for each calendar quarter or portion thereof through and including the End Date. BryoLogyx will deliver to Neurotrope within forty five (45) days after the end of each calendar quarter in which sales of Bryostatin Products have occurred prior to the End Date, a report certified in writing by BryoLogyx as accurate, setting forth for such calendar quarter or portion thereof the following information on a country-by-country basis: (a) the gross revenues received in such quarter or portion thereof by each Selling Entity from such Selling Entity’s sale of Bryostatin Products, (b) a calculation of the corresponding Revenue Share with respect to such gross revenues, and (iii) the exchange rate used by BryoLogyx for converting gross revenue recorded in a currency other than United States dollars (“USD”), with such relevant exchange rate determined as set forth in Section 5.3 hereof.
Payment of Revenue Share. GSI will account to the Company for the revenue share payments due under Section 7.3 within [*] days after the end of each [*] through a report, showing in reasonable detail, the calculation of such payments. Following its receipt of such report, the Company will invoice GSI for the amount set forth in such report. Payment terms are [*] days from the date of invoice. In addition, GSI will forward to the Company a report each [*], on the last day of the Company's fiscal [*] that estimates the [*] revenue share payment to the Company for such [*], provided that the Company has provided GSI with its fiscal calendar. The revenue share figure will be calculated at [*] end based upon a mutually agreed upon method for projecting returns.
Payment of Revenue Share. With respect to the six (6)-year period commencing on July 1, 2022 and terminating on June 30, 2028 (the “Revenue Share Period”), the Company shall pay to each Purchaser such Purchaser’s pro rata percentage (as set forth on the signature page hereto executed by such Purchaser) of the Applicable Percentage (as defined below) of the Quarterly Net Rental Revenues (as defined below) received by the Company or any Affiliate thereof during each calendar quarter during the Revenue Share Period. Within ten (10) days of the last Business Day of each calendar quarter during the Revenue Share Period prior to the consummation of the IPO, or within ten (10) days of the date of the filing by the Company of its Quarterly Report on Form 10-Q for each calendar quarter during the Revenue Share Period after consummation of the IPO, the Company shall deliver to each Purchaser an officer’s certificate (a “Revenue Share Certificate”) certified by the Chief Financial Officer of the Company that sets forth (i) the Quarterly Net Rental Revenues received by the Company and each Affiliate of the Company during the immediately preceding calendar quarter, (ii) the amount that is equal to the Applicable Percentage of the Quarterly Net Rental Revenues (such amount, the “Revenue Share”) for such immediately preceding calendar quarter, and (iii) such Purchaser’s pro rata percentage of such Revenue Share (the “Payment Amount”), which certificate shall set forth the basis for the Company’s calculation of such Quarterly Net Rental Revenues, such Revenue Share and the Payment Amount. The Company shall pay to each Purchaser such Purchaser’s Payment Amount by wire transfer of immediately available funds within two (2) Business Days of the date of delivery of the applicable Revenue Share Certificate to such account as such Purchaser shall have directed in writing. For purposes of this Section 5.1, the term “Applicable Percentage” shall mean, for each of the first four (4) calendar quarters during the Revenue Share Period, five percent (5%), and for each other calendar quarter during the Revenue Share Period, one percent (1%), and the term “Quarterly Net Rental Revenues” shall mean, with respect to each calendar quarter during the Revenue Share Period, the gross rental revenues received by the Company and its Affiliates during such calendar quarter from the lease of accommodation units at the property located at 900 Xxxxx Xxxxxx in New York City, as determined in accordance with GAAP, net of any ...
Payment of Revenue Share. 3.1. M/s agrees to share revenues with TSREDCO during the Term as below:
