Payments to Seller. If Purchaser shall receive any Royalty Payment that does not consist entirely of Purchased Receivables, Purchaser shall promptly, and in any event no later than five (5) Business Days, following the receipt of such Royalty Payment, remit to Seller the portion, if any, of such Royalty Payment that does not constitute Purchased Receivables.
Appears in 6 contracts
Samples: Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA), Royalty Purchase Agreement (Relief Therapeutics Holding SA)
Payments to Seller. If either Purchaser shall receive (i) any Royalty Payment that does not consist entirely of Purchased ReceivablesReceivables or (ii) any Excluded Asset, such Purchaser shall promptly, and in any event no later than five (5) Business Days, following the receipt of such Royalty PaymentPayment or Excluded Asset, remit to Seller (i) the portion, if any, of such Royalty Payment that does not constitute Purchased ReceivablesReceivables or (ii) such Excluded Asset, as the case may be.
Appears in 2 contracts
Samples: Royalty Purchase Agreement (SWK Holdings Corp), Royalty Purchase Agreement (Insite Vision Inc)
