Common use of Shared Asset Payments Clause in Contracts

Shared Asset Payments. The amount of any benefit from a Shared Asset --------------------- shall be payable by the party receiving the benefit (net of the Costs incurred in collecting such benefit, if the party is not otherwise indemnified with respect to such Costs under other provisions of this Article VII) to the other parties quarterly (other than individual amounts of $100,000 or more, which shall be paid within ten business days) as such benefits are received.

Appears in 3 contracts

Samples: Distribution Agreement (Varian Associates Inc /De/), Distribution Agreement (Varian Inc), Distribution Agreement (Varian Inc)

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Shared Asset Payments. The amount of any benefit from a --------------------- Shared Asset --------------------- shall be payable by the party Party receiving the benefit (net of the Costs incurred in collecting such benefit, if the party Party is not otherwise indemnified with respect to such Costs under other provisions of this Article VIIVIII) to the other parties Parties entitled to a portion thereof quarterly (other than individual amounts of $100,000 or more, which shall be paid within ten business daysBusiness Days) as such benefits are received.

Appears in 1 contract

Samples: Master Separation and Distribution Agreement (Pg&e Corp)

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