Revenue Sharing Arrangements Sample Clauses

Revenue Sharing Arrangements. In connection with the pursuit of ---------------------------- Joint Service Offerings, WorldCom and Premiere (or their appropriate Subsidiaries) will negotiate in good faith to enter into marketing or other agreements with the other Persons involved in the Joint Service Offering ("Joint Marketing Agreements"). The Joint Marketing Agreements will include, among other matters, provisions relating to the sharing of revenues produced pursuant to services provided in connection with the Joint Service Offering . Subject to variances and other terms as may be negotiated in good faith among the various parties to the Joint Marketing Agreements, WorldCom and Premiere anticipate that the revenue sharing arrangements generally will be structured according to the example set forth on Schedule 4.2 hereto. ------------
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Revenue Sharing Arrangements. 2.1 The Trust and the Company shall share cumulative Net Revenue received in respect of Exploitation of the Exploitation IPRs in accordance with the Financial Terms.
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Revenue Sharing Arrangements. The Agreement sets out an arrangement which provides for RailCorp to receive a share of the net revenue generated by ALC once certain thresholds have been achieved. Specifically, the Agreement provides for RailCorp to receive as a Train Service Fee, 50% of all Excess Cash Flow generated by ALC in excess of a present value of $181,969,549 (Revenue Sharing Threshold) up to a present value of $212,009,777 (Debt Equivalent Amount) and 85% of all Excess Cash Flow thereafter. The Revenue Sharing Threshold is approximately equal to the agreed net present value of the business of $120 million as at 30 September 2001 plus the Capped Amount of $80 million less debt repayments made between 30 September 2001 and 30 June 2005. The Debt Equivalent Amount is an agreed senior debt value as at 30 September 2001. Excess Cash Flow is calculated on a calendar monthly basis commencing for July 2005 and is defined as: Excess Cash Flow = Gross Revenue – (Approved Operations Cost + the Replacement and Refurbishment Amount) ÷ 12 – the Deductible Tax Amount (if any). Where Gross Revenue means all revenues earned by ALC from all sources including: • Station Usage Fees; • Capped Amount payments; • Compensation Payments made by RailCorp for poor train running performance; • Line Closure Compensation Payments; • Staff Pass Lump Sum Amounts; and • Replacement and Refurbishment Release Amounts (see below). The Approved Operations Cost is a fixed amount that ALC is entitled to deduct to operate the Stations. It is reset on an open book basis every three years and escalated annually in between in accordance with a set of indices. The Replacement and Refurbishment Amount is a fixed allowance that ALC is entitled to deduct for station replacement and refurbishment works. This amount is also reset every three years and escalated annually in between. ALC is required to credit the Replacement and Refurbishment Amount to a Replacement and Refurbishment Provision Account. Any monies unspent after five years are returned with interest at 7.75% as Gross Revenue (Replacement and Refurbishment Release Amounts).
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Revenue Sharing Arrangements. 2.1 The Trust and the Company shall share cumulative Net Revenue received in respect of Exploitation of the Exploitation IPRs in accordance with the Exploitation Terms. The Parties agree that the Exploitation IPRs are those pertaining to RDZ and that RDZ is the Project Compound and the Licensed Product as defined in the TA Funding Agreement.
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Revenue Sharing Arrangements. You may be entitled to a revenue share from the commercialisation of any of the Resulting Intellectual Property in accordance with the Student IP Policy.
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Related to Revenue Sharing Arrangements

  • Funding Arrangements Minimum amounts/increments for Japan Local Currency Borrowings, repayments and prepayments: Same as Credit Agreement.

  • Leasing Arrangements From the Effective Date through Closing (the "Contract Period"), without Purchaser's prior written consent in each instance, Seller will not amend or terminate any existing Lease or enter into any new Lease without Purchaser's prior written consent (which may be given or withheld in its sole and absolute discretion). Without limitation thereon, any and all Leases to be entered into during the Contract Period shall be on Seller's standard lease form delivered to Purchaser and otherwise on terms and conditions acceptable to Purchaser. If Purchaser fails to grant or withhold its consent to any proposed Lease within five (5) days of receipt thereof, Purchaser shall be deemed to have consented to such Lease. Notwithstanding anything contained herein to the contrary, Purchaser's consent shall not be required with respect to any renewal Lease or consent to a sublease or assignment of Lease which Seller, as a matter of law or by a Lease, shall be required to deliver. Notwithstanding anything to the contrary contained in this Agreement, Seller reserves the right, but is not obligated, to institute summary proceedings against any Tenant or terminate any Lease as a result of a default by the tenant thereunder prior to the Closing Date. Seller makes no representations and assumes no responsibility with respect to the continued occupancy of the Property or any part thereof by any Tenant. The removal of a Tenant prior to the Closing Date, whether by summary proceedings (or any written agreement accepting surrender or termination of the Lease subsequent to the commencement of such summary proceedings) or unilateral act of such Tenant, shall not give rise to any claim on the part of Purchaser; provided, however, Purchaser shall have the right within ten (10) days of the removal of any Tenant as Purchaser's sole and exclusive remedy, to terminate this Agreement and receive a refund of any portion of the Xxxxxxx Money Deposit previously tendered by Purchaser to the Escrow Agent, whereupon this Agreement shall terminate and the parties shall have no further rights and obligations to one another except for those obligations expressly stated herein to survive. If Purchaser fails to terminate this Agreement within such ten (10) day period, Purchaser shall be deemed to have waived its right to terminate pursuant to this Section 7.1(e) and Purchaser shall proceed to Closing without credit against, or reduction of, the Purchase Price.

  • Closing Arrangements Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the property, and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Seller and Buyer will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered in connection with the completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Upper Canada. Unless otherwise agreed to by the lawyers, such exchange of the Requisite Deliveries will occur in the applicable Land Titles Office or such other location agreeable to both lawyers.

  • Business Arrangements Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, neither the Company nor any of its subsidiaries has granted rights to develop, manufacture, produce, assemble, distribute, license, market or sell its products to any other person and is not bound by any agreement that affects the exclusive right of the Company or such subsidiary to develop, manufacture, produce, assemble, distribute, license, market or sell its products.

  • Severance Arrangements Grant or pay, or enter into any Contract providing for the granting of any severance, retention or termination pay, or the acceleration of vesting or other benefits, to any Person (other than payments or acceleration that have been disclosed to Acquirer and are set forth on Schedule 4.2(q) of the Company Disclosure Letter);

  • Distribution Arrangements Subject to compliance with the 1940 Act, the Trustees may retain underwriters and/or placement agents to sell Trust Shares. The Trustees may in their discretion from time to time enter into one or more contracts, providing for the sale of the Shares of the Trust, whereby the Trust may either agree to sell such Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article IV or the By-Laws; and such contract may also provide for the repurchase or sale of Shares of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the Shares of the Trust.

  • Banking Arrangements The banking business of the Corporation including, without limitation, the borrowing of money and the giving of security therefor, shall be transacted with such banks, trust companies or other bodies corporate or organizations as may from time to time be authorized by the board. Such banking business or any part thereof shall be transacted under such agreements, instructions and delegations of powers as the board may from time to time prescribe or authorize.

  • Tax Sharing Agreements All tax sharing agreements or similar agreements with respect to or involving the Company shall be terminated as of the Closing Date and, after the Closing Date, the Company shall not be bound thereby or have any liability thereunder.

  • Intercompany Arrangements Other than the Transaction Documents and the Contracts contemplated thereby, Section 3.16 of the Seller Disclosure Schedules lists all Contracts between or among Seller and/or its Affiliates with respect to the conduct of the Business or by which any of the Purchased Assets are bound.

  • Affiliate Arrangements Except as set forth on Schedule II attached hereto, neither such Sponsor nor any anyone related by blood, marriage or adoption to such Sponsor or, to the knowledge of such Sponsor, any Person in which such Sponsor has a direct or indirect legal, contractual or beneficial ownership of 5% or greater is party to, or has any rights with respect to or arising from, any Contract with Acquiror or its Subsidiaries.

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