Revenue Payments. TxDOT’s rights to payment related to Toll Revenues for the Project are set forth in Part C of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amounts as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Project pursuant to the Lease. For federal income tax purposes, the Revenue Payment Amount is allocated as set forth in Part C of Exhibit 7.
Revenue Payments. 13.1 Unless otherwise agreed between the Parties in writing, all payments due to the Trust shall be made in to the following account: Account Name: The Wellcome Trust Bank name: [**] Bank Address: [**] Sort Code: [**] Account No: [**] IBAN: [**] BIC: [**]
Revenue Payments. Notwithstanding the non-exclusive nature of the Publishing License, all revenue generated by any Co-Publisher (“Licensed Game Revenue”) shall be paid directly to the Licensee without deduction of any kind. Notwithstanding the foregoing, Developer agrees that it shall promptly pay to Licensee any Licensed Game Revenue that is paid to it rather than Licensee, without deductions of any kind. To the extent that any Co-Publisher identifies and negotiates agreements with Platforms or otherwise arranges for the Licensed Game to be sold (collectively, the “Platform Agreements”), the Co-Publisher shall promptly notify Licensee and use commercially reasonable efforts to provide that each Platform Agreement direct all Licensed Game Revenue to Licensee as the beneficiary of any payments earned thereunder. If the Platform refuses to direct revenues directly to Licensee, the Co-Publisher may receive Licensed Game Revenue directly and pay all such revenues to Licensee (“Co-Publisher Payments”) without deductions of any kind to a bank account provided by Licensee within thirty (30) days from the end of the calendar month in which such revenues are received. The Co-Publisher shall designate in such agreement that a copy of all statements shall be sent to an email address of the Licensee and all payments to be made to the Co-Publisher under such agreement shall be deposited in the bank account designated by the Licensee. The Developer agrees that Platform Agreements shall establish fair, just and equitable market rates, and arms-length prices in such dealings, which shall be created on a reasonable and empirically justifiable basis. Developer shall provide a statement detailing Licensed Game Revenues received pursuant to Platform Agreements according to a form provided to Developer by Licensee. Developer acknowledges and agrees that Developer’s failure to comply with the provisions of this Section 2.6 would be a material breach of this Agreement and an infringement of Licensee’s Intellectual Property Rights. Licensed Game Revenue shall not include revenues received by the Developer pursuant to its rewards crowdfunding campaigns for the Licensed Game conducted on Xxx.xx.
Revenue Payments. As compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Project pursuant to the Lease, Developer agrees to pay to TxDOT (a) revenue payments as determined under this Section 4.2 (each a “Revenue Payment”) and (b) interest earned on such amounts prior to distribution at the same interest rate as the blended average rate earned on Developer’s accounts into which Toll Revenues and other amounts received from the Custodian are deposited. Developer’s payment obligations under this Section 4.2 shall survive expiration or any earlier termination of the Term.
Revenue Payments. In addition to the payment made by Buyer pursuant to Section 3.1(a) and Section 3.1(b), Buyer shall pay Seller the following nonrefundable cash payments:
Revenue Payments. (a) Subject to paragraphs (b) – (f) of the condition 8, we will pay you 100% of your Net Revenues. Net Revenues will be paid and credited to your account and shall be made available on your request using the Spinnup wallet system that displays your current balance each time you log into the Service provided always that, at the time of withdrawal, the accumulated monies exceed €10 and provided further that you comply with the Wallet Rules as set out at xxx.xxxxxxx.xxx/xxx. “
Revenue Payments. (i) As soon as practicable after each of the end of Earnout Year 1 and Earnout Year 2, but in no event later than forty five (45) days following the end of such Earnout Year, Purchaser shall deliver to Seller a written statement setting forth its calculation of the Earnout Amount for such Earnout Year, accompanied by reasonably detailed supporting documentation, which statement shall be certified by Purchaser’s Chief Financial Officer (each, a “Revenue Payment Certificate”). Purchaser shall cooperate with Seller in promptly providing any reasonably requested information allowing for Seller to audit or have an outside auditing firm audit the calculations set forth in the Revenue Payment Certificate.
Revenue Payments. (i) During the Contingent Payment Period, Parent shall, on or before the 60th calendar day following the last Business Day of each calendar year within (in whole or in part) the Contingent Payment Period (each such date, a “Revenue Payment Date”), pay to the Company Securityholders a payment (a “Revenue Payment”) equal to 12.5% of Sales made within the Contingent Payment Period during the preceding calendar year, to be paid in Parent Shares or cash (or any combination of Parent Shares or cash), such allocation in Parent’s sole and absolute discretion, in accordance with Section 2.16(c); provided, that for all Sales of Products that do not use a Synergy System, the Revenue Payment shall be reduced to 10% of Sales made within the Contingent Payment Period during the preceding calendar year. Each of the Company and the Securityholder Representative (on behalf of the Company Securityholders) acknowledges and agrees that the achievement of the conditions for the Revenue Payments is dependent on Regulatory Approvals, market factors and other circumstances and that Parent and the Surviving Corporation may not achieve such conditions, and it is therefore not assured that Parent will be required to pay any Revenue Payments.
Revenue Payments. (i) Upon the earlier to occur of: (A) the achievement of either: (1) the Commercialization Milestone Payment; or (2) the Hospital CPT Code Milestone Payment and the Office CPT Code Milestone Payment, or (B) the date of written notice from the Stockholders’ Representative that it would like the revenue payments to commence (the “Revenue Payment Commencement Date”), Parent shall make the following additional payments:
Revenue Payments. 10 3. Representations and Warranties of Seller and Parent.................................................11 3.1
