Revenue Participation. Musicians shall be entitled to participate in any revenue derived from the exploitation of products produced from material captured pursuant to the Annual Media Commitment in accordance with the provisions in Article XXI (Revenue Participation.
Revenue Participation. Although news and promotional distribution may not be intended to generate direct revenue to the Employer, it is possible that audio or audio- visual material used in news or promotional activities described herein will produce ancillary direct income to the Employer (e.g. YouTube advertising revenue). If any such item created pursuant to this Article VIII produces direct income to the Employer, it shall be subject to Revenue Participation in accordance with Article XXI.
Revenue Participation. Musicians shall be entitled to participate in revenue derived from television programs in accordance with the provisions in Article XXI (Revenue Participation). Α As defined in E.1. & 2. below. Β As defined in E.4 below.
Revenue Participation. (a) Borrower shall pay the following amounts (the “Revenue Participation”), in addition to any Fixed Interest:
(i) with respect to the Tranche A Loan, an amount equal to the applicable Revenue Participation Percentage multiplied by the applicable Included Product Payments for each applicable Revenue Participation Period; provided that such Revenue Participation with respect to the Tranche A Loan shall not exceed an aggregate of $[***] (and the obligation to pay Revenue Participation with respect to the Tranche A Loan shall automatically terminate upon payment of such amount); and
(ii) with respect to the Tranche B Loan, and in addition to any Revenue Participation with respect to the Tranche A Loan, an amount equal to the applicable Revenue Participation Percentage multiplied by the applicable Included Product Payments for each applicable Revenue Participation Period (less amounts recognized prior to the Tranche B Funding Date); provided that such Revenue Participation with respect to the Tranche B Loan shall not exceed an aggregate of $[***] (and the obligation to pay Revenue Participation with respect to the Tranche B Loan shall automatically terminate upon payment of such amount).
(b) Revenue Participation with respect to each Loan shall accrue on a daily basis from the applicable Funding Date and shall be payable in arrears on the applicable Revenue Participation Payment Date with respect to each Revenue Participation Period.
(c) [Reserved.]
(d) In the event that the aggregate amount of the Revenue Participation received by Lender during any fiscal quarter is less or more than the amount due pursuant to this Section 4.03, then within five (5) Business Days after the date on which Borrower delivers the financial statements pursuant to Section 9.03(b), Borrower shall pay to Lender or Lender shall credit Borrower, respectively, an amount that is equal to such difference. In the event any inspection of Borrower’s books and records reveals any underpayment of any Revenue Participation in respect of any period, Borrower shall pay to Lender on the succeeding Revenue Participation Date the amount of such underpayment. In the event any inspection of Borrower’s books and records reveals any overpayment of any Revenue Participation in respect of any period, Borrower shall be entitled to offset the amount of such overpayment against the Revenue Participation due in the next Revenue Participation Period or Revenue Participation Periods until such amount is fully of...
Revenue Participation. For a period commencing on the Close of Escrow and continuing until the earlier of (i) December 31, 2039 or (ii) until the County no longer has any fee ownership interest in any portion of the Remaining Property (excluding any portions of the Remaining Property that are subject to an offer of dedication), City agrees to pay to County in the manner specified below the amount of the "Revenue Participation" (as defined below).
Revenue Participation. Although news and promotional distribution may not be intended to generate direct revenue to the Engager, it is possible that audio or audio-visual material used in news or promotional activities described herein will produce ancillary direct income to the Engager (e.g. YouTube advertising revenue). If any such item created pursuant to this Article VIII produces direct income to the Engager, it shall be subject to Revenue Participation in accordance with Article XXI.
Revenue Participation. As additional consideration for the AZ Loan and the NV Loan, the Company grants to Purchaser the right to participate in the Gross Revenues generated from the operations of the AZ Facility and the NV Facility. For avoidance of doubt, the calculation of Gross Revenues will not be aggregated for both the Arizona Operations and the Nevada Operations, but will be calculated separately, and the applicable percentage of Gross Revenues will be applied separately, as set forth below. In addition to the defined terms above, the following terms will have the meanings set forth below:
Revenue Participation. Distributor shall participate in revenues generated from Monitoring Contracts from date of activation as follows:
A. Monitoring or Service Agreements between Rk and Distributor’s customers, end users, or other specified parties shall be on a month-by-month, yearly or multiple-year basis. Yearly or multiple year contracts must be pre-paid in full for duration of agreements prior to activation of the service by the service agreement contract holder. Any discounts or pre-payment promotions mutually approved by both RK and Distributor shall be factored into and discounted from any revenue sharing program between the parties.
B. Distributor will receive ten percent (10%) of gross recurring revenues, as set forth on the attached Service Price Schedule. Revenue sharing will commence with the activation and payment of the contract by End User or other specified parties. RK will pay shared recurring revenues owed on monitoring participation fees on a quarterly basis within 30 days of the end of each quarter, and provide sufficient accounting to determine the basis for the calculation. RK will make its books and records available upon reasonable request for review to confirm accuracy.
C. RK reserves the right to establish monitoring prices and to change monthly monitoring charges on 60 days written notice. All Activations must be completed pursuant to RK approved contracts and or Service Agreements and paid for via monthly credit card debits or prepaid lease or approved financing arrangements or payments for activation shall be accepted via check from customer made payable to RK. Distributor will only receive shared recurring revenue payments on active and paid accounts or active and paid renewals.
D. Distributor will receive shared recurring revenue payment on all monitoring contracts renewed after termination of the initial monitoring contracts. Such renewals will be based on the pricing structure in effect at the time of renewal. To qualify as a renewal, End Users must enter into a renewal contract equal to 12 months or greater.
E. RK and Distributor mutually agree that on all potential NON-EXCLUSIVE sales, OEM customers and or on sales generated directly by RK in the markets defined by this agreement. All anticipated revenue participation and or Hardware Sales revenue shall be defined and mutually agreed to on a case-by-case basis.
F. Should this Agreement terminate and the Distributor is in good standing all revenues owed for active monitoring contracts that we...
Revenue Participation. In addition to other payments in this Article V, P&G agrees to pay UROMED 0.75% (three-fourths of one percent) on all NET SALES exceeding the first $130,000,000 (one hundred thirty million dollars) in cumulative NET SALES and up to but not exceeding $490,000,000 (four hundred ninety million dollars) in cumulative NET SALES. Nothing in this AGREEMENT, however, will obligate P&G to introduce any P&G PRODUCTS into the market. Payment under this Article 5.3 shall be paid semi-annually with a report of NET SALES for the semi-annual period.
Revenue Participation. In addition to the payment of principal and interest pursuant to the Loan as set forth in Section 2 above, the Borrower shall pay to the Lender Revenue Participation Payments ("Payment" or "Payments"), pursuant to a Revenue Participation. Agreement substantially in the form set forth in Exhibit "B", as follows:
