Revenue Interest. Commencing on 01 June 2024 (the “Commencement Date”) and continuing thereafter until all amounts due and payable in accordance with Section 3.1 are repaid (the “Pay-out Period”), AREB shall pay to Crews Ten Thousand Dollars ($10,000) per calendar month from the monthly Collected Revenue, with the first payment to be paid on or before the 05 July 2024, and continuing thereafter on or before the fifth day of each succeeding month during the Pay-out Period. However, no such payment shall be due for the month in which the last payment of the Repurchase Price is tendered hereunder.
Revenue Interest. Commencing on 01 June 2024 (the “Commencement Date”) and continuing thereafter until all amounts due and payable in accordance with Section 3.1 are repaid (the “Pay-out Period”), AREB shall pay to Bxxxxx Seven Thousand Five Hundred Dollars ($7,500) per calendar month from the monthly Collected Revenue, with the first payment to be paid on or before the 05 July 2024, and continuing thereafter on or before the fifth day of each succeeding month during the Pay-out Period. However, no such payment shall be due for the month in which the last payment of the Repurchase Price is tendered hereunder.
Revenue Interest. As and for its Revenue Interest FRMO shall pay to Fromex in perpetuity sixty six and two thirds (66 2/3%) percent of the total cash receipts that FRMO, or its successors and assigns, receives as fees from Horizon Advisers so long as such fees are paid to FRMO. Said two-thirds share shall be based only on the money actually received as fees by FRMO from Horizon Advisers in each three (3) month period beginning after the date hereof. The payment of such share shall be made at the close of the month following the end of each three month period ending on the last days of February, May, August and November of each year, less any advances, which FRMO shall have made to FROMEX on account thereof.
Revenue Interest. Commencing on 01 October 2024 (the “Commencement Date”) and continuing thereafter until all amounts due and payable in accordance with Section 3.1 are repaid (the “Pay-out Period”), AREB shall pay to JMSK Thirty Thousand Dollars ($30,000) per calendar month from the monthly Collected Revenue, with the first payment to be paid on or before the 05 November 2024, and continuing thereafter on or before the fifth day of each succeeding month during the Pay-out Period. However, no such payment shall be due for the month in which the last payment of the Repurchase Price is tendered hereunder.
Revenue Interest. Commencing on 01 April 2024 (the “Commencement Date”) and continuing thereafter until all amounts due and payable in accordance with Section 3.1 are repaid (the “Pay-out Period”), AREB shall pay to KBI Seventy-Five Thousand dollars ($75,000) from the monthly Champion Revenue, with the first payment to be paid on or before the 05 May 2023, and continuing thereafter on the fifth day of each succeeding month during the Pay-out Period. However, no such payment shall be due for the month in which the last payment of the Repurchase Price is tendered hereunder.
Revenue Interest. In consideration for Licensee’s investment described in Section 4.2.1, effective upon receipt by Isoprene of such investment, Isoprene agrees to pay Licensee a revenue interest in the amount of [*] percent ([*]%) of Net Revenues of Covered Products sold by Isoprene during the Term, in accordance with Section 7.3; provided that, at the time of any sale of any Covered Product, this Agreement is in full force and effect and Licensee is in compliance with the terms of this Agreement.
Revenue Interest. 23 ARTICLE IV. BLOCKED ACCOUNTS; EXPENSES; MAKING OF PAYMENTS SECTION 4.01 BLOCKED ACCOUNTS............................................................................ 23 SECTION 4.02 INTEREST ON LATE PAYMENTS........................................................... 24 SECTION 4.03 ADMINISTRATION AND ENFORCEMENT EXPENSES....................... 24 SECTION 4.04 MAKING OF PAYMENTS......................................................................... 24 SECTION 4.05 SETOFF OR COUNTERCLAIM................................................................24 SECTION 4.06 PAYMENT MECHANICS AND COLLECTION ACCOUNT MANAGEMENT......................................................................................... 24 SECTION 4.07 MODE OF PAYMENT................................................................................ 26 SECTION 4.08 CURRENCY CONVERSION..................................................................... 26 ARTICLE V. TAXES SECTION 5.01 TAXES......................................................................................................... 26 SECTION 5.02 RECEIPT OF PAYMENT............................................................................ 29
Revenue Interest. In consideration of the Investor paying the Investment Amount hereunder, and subject to the terms and conditions hereof, the Investor shall be entitled to the applicable Revenue Interest Payments for the period from April 1, 2018 through the Termination Date and, upon the occurrence of a Put Option Event, to any amounts payable to the Investor in respect thereof.
Revenue Interest. In consideration for the conveyance of the Property to City, the City hereby assigns and conveys to the Taxing Entities the gross revenue, if any, generated from any operation, transfer, or sale of the Property for a period of 30 years beginning the date the Property transfers to City (“Revenue Interest”). The City shall annually pay to the Taxing Entities the Revenue Interest for the preceding fiscal year. Within 90 days following the conclusion of the then-preceding fiscal year, the City shall submit to the Santa Xxxxx County Auditor-Controller (“Auditor-Controller”) the Revenue Interest and provide a statement prepared in accordance with sound accounting practice that provides the City’s calculation of the Revenue Interest. If the City’s calculation of the Revenue Interest is zero, the City shall provide a statement to that effect. The City shall keep complete, accurate and appropriate books and records of its calculation of Revenue Interest. The Auditor-Controller shall have the right, on behalf of the Taxing Entities and upon reasonable written notice to City, to audit and examine such books, records and documents and other relevant items in the possession of City, but only to the extent necessary for a proper determination of Revenue Interest.
Revenue Interest
