Shared Revenue Sample Clauses

Shared Revenue. 85/15 Split) 1. To Be Utilized for Continuous Costs (85/15 Split) 1.1 85% of Growth to Units
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Shared Revenue. To be Utilized for Continuous Costs (85/15 split): 85% of continuous unrestricted state apportionment revenue allocated to the employee groups, 15% allocated to District operations.
Sample 1
Shared Revenue. (i) [**] Connetics shall determine and provide a detailed calculation of Net Product Revenues for the period January 1, 2006 through [**] no later than fifty (50) days after [**]. Connetics shall remit any amounts owed to Ventiv hereunder within ten (10) days of such determination. (ii) [**] Connetics shall determine and provide a detailed calculation of Net Product Revenues for the period [**] no later than fifty (50) days after [**]. Connetics shall remit any amounts owed to Ventiv hereunder within ten (10) days of such determination. Connetics will provide Ventiv with doctor/NDC Health data within fifty (50) days of the end of each month of the Revised Fee Period. For the purpose of calculating Net Product Revenues pursuant to this Amendment, the total number of doctors listed in the Call Audience may not exceed [**]; provided, however, the Call Audience may include: (i) any doctors (targets) included in the Call Audience for the period March 1, 2005 through December 31, 2005, and/or (ii) any doctors (targets) included in the Revised Call Audience (as defined below) listed on Exhibit A of this Amendment, and/or (iii) any doctors (targets) added to the Revised Call Audience pursuant to this Amendment. The Parties agree that **Portions of this exhibit have been omitted and filed separately with the SEC. Confidential treatment has been requested with respect to the omitted portions. in no event will the net sales price used as the multiplier of TRxs during the Revised Fee Period be [**]. Such minimum net sale prices shall be valid only during the Revised Fee Period. If the Parties elect to continue their relationship pursuant to Section 8(c)(ii) of this Amendment, new minimum net sale prices shall be agreed to by the Parties for such continued period.
Sample 1
Shared Revenue. In any month during the term of this Agreement that IMX's Net Closed Loan Revenue exceeds ***, IMX will pay to LION 50% of all Net Closed Loan Revenue ("LION's Revenue Share" (subject to adjustment as provided in Section C. below)). "Net Closed Loan Revenue" means the transaction fees that IMX collects from Lender Subscribers in connection with the closing of loans by Lender Subscribers, less all portions of such fees that IMX is obligated to pay to third parties. LION shall not be entitled to collect LION's Revenue Share in any month for which IMX collects less than *** in Net Closed Loan Revenue. The collection by IMX of *** per month shall be deemed to be the "IMX Revenue Baseline".
Sample 1
Shared Revenue. In addition to the Purchase Payment of Section 2.1, Assignee shall pay Assignor Shared Revenue of * percent (*%) (“Net Revenue Percentage”) of Net Revenue. Beginning with the first calendar quarter following the Effective Date of this Agreement, and continuing each quarter thereafter, Assignee shall provide Assignor with a statement, accompanied with reasonable sufficient supporting documentation for the defined revenue and expense calculations of Section 1.12, of the amount of Net Revenue received during the immediately preceding calendar quarter along with the Shared Revenue payment due, if any. Such statement and Shared Revenue payments shall be due within thirty (30) calendar days following the last day of each quarter. If Huawei * any of its * as set forth in Section *, then for each such *, the * will be reduced for * (or earlier if that particular * ends earlier (pursuant to particular provisions of Section *)) in the following fashion: if only * is currently in effect during any period, the * will be * at Year *, another * at Year *, and yet another * at Year *, the * will be reduced to *% from the beginning of year * to the beginning of year *; to *% between the start of Year * to Year *; *% between Year * and the start of Year *; back up to *% between the start of Year * and the start of Year * (because the next * is then the primary existing * after the previous * ends and therefore reduces the * by *% rather than the previous *%); increases to *% between the start of Year * and Year * (the final * now being primary), and thereafter back * to the *%. (a) For any potential transaction in which Net Revenue may be realized and for which the transaction involves a mixture of Transferred Patents and other patents owned by Assignee, the Parties agree to negotiate in good faith for the appropriate apportionment of the revenue as well as the expenses per Section 1.12 prior to concluding such a transaction (b) For any * of any of the Transferred Patents by Assignee, Assignor is granted * for such action, except in cases of (i) * and (ii) *).
Sample 1
Shared Revenue. LACMTA and City shall each receive its portion of the Shared Revenue from the TCN Program pursuant to the terms of this Agreement. The Net Revenue shall be collected by LACMTA in accordance with the terms of this Agreement, and LACMTA shall audit the Net Revenue received. LACMTA shall pay City’s portion of the Shared Revenue within sixty (60) days following verification of the accuracy of such funds by LACMTA, which shall not be unreasonably withheld, conditioned or delayed, as well as provide the City with supporting documentation of the paid Shared Revenue, to be used by City in accordance with the terms of this Agreement.
Sample 1
Shared Revenue. When possible, Applicant shall enter into agreements with customer host-sites to provide demand charge savings and/or provide distribution services to applicable markets to maximize current and future revenue streams. Applicant will share revenue streams from wholesale market participation (i.e., NYISO) as a credit towards Con Edison’s Reservation Payment. The Shared Revenue split is 75% to Con Edison, 25% to the Applicant. Any Shared Revenue credit carried over after the conclusion of this Agreement is released to Applicant and should be shared with Customer. Revenues associated with Customer’s account (e.g., customer demand xxxx savings and ‘Value Stack” compensation) and any funds secured from NYSERDA’s (New York State Research and Development Authority) Energy Storage Market Acceleration Bridge Incentive are not subject to revenue sharing with Con Edison. At Con Edison’s request, Applicant shall provide all supporting information and data necessary to confirm participation of the Project in all available markets and revenue streams. Documentation may include written authorization from Applicant allowing NYISO to share data directly with Con Edison. At least annually, Applicant will provide to Con Edison a written plan for market participation and opportunities to maximize mutually beneficial revenue streams available to the Project.
Sample 1
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Shared Revenue. Shared Revenue with respect to a calendar month that is calculated in accordance with this Supplemental Agreement shall equal the sum of: (a) Fifty percent of the gross commission revenue received by XXxxxxxxx.xxx during such calendar month from the sale to users of the Services of goods and services supplied or provided by a third party; plus (b) Fifty percent of the difference between (i) gross revenue received by XXxxxxxxx.xxx during such calendar month from the sale to users of the Services of goods and services (other than the Services) supplied or provided by XXxxxxxxx.xxx, less (ii) the direct cost to XXxxxxxxx.xxx of supplying or providing such goods and services during such month.
Sample 1

Related to Shared Revenue

  • Gross Revenue The Gross Revenue shall be inclusive of installation charges, late fees, sale proceeds of handsets (or any other terminal equipment etc.), revenue on account of interest, dividend, value added services, supplementary services, access or interconnection charges, roaming charges, revenue from permissible sharing of infrastructure and any other miscellaneous revenue, without any set-off for related item of expense, etc.

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

  • XXXXX CASH 25 CONTRACTOR is authorized to establish a xxxxx cash fund in an amount not 26 to exceed one thousand dollars ($1,000).

  • Approved Budget (a) On the last Thursday of each month after the Second Amendment Effective Time, on or before 12:00 pm (New York City time) on such Thursday, Administrative Borrower shall prepare and deliver to the Administrative Agent, for review and approval by the Required DDTL Approving Lenders, an updated week-by-week operating budget for the then subsequent month (each a “Budget” and, once approved as set forth below, the “Approved Budget”), which shall reflect Administrative Borrower’s good faith projection, for the Borrowers and their respective Restricted Subsidiaries, of (a) all weekly receipts (including from asset sales) and expenditures (including ordinary course operating expenses and any other fees and expenses related to the Loan Documents) in connection with the operation of their businesses, (b) weekly disbursements, and (c) net cash flow, in each case, for such month. The Budget delivered during the week of March 4, 2024 shall be the Approved Budget for March 2024. Together with delivery of the Budget, Administrative Borrower shall provide the Administrative Agent (for subsequent delivery to the Lenders) a variance report (“Variance Report”) in a form and substance reasonably acceptable to the Required DDTL Approving Lenders, comparing the actual receipts, disbursements, and net cash flow for such month through the immediately preceding week compared to the Approved Budget, both in dollar ($) and percentage (%) figures and an explanation of the variance. Each week promptly after the delivery of the Variance Report, the Borrower’s senior management and financial professionals shall review the Variance Report in detail during a telephonic conference with the Lenders. If the proposed Budget was timely delivered and contains the requisite information, the Lenders shall have until 2:00 p.m. (New York City Time) on the first Business Day of the following week to review any Budget after which time such Budget shall become an Approved Budget for all purposes hereunder; provided, no such Budget shall become an Approved Budget if reasonably objected to in writing (which may include e-mail) during the review period by the Administrative Agent (at the direction of the Required DDTL Approving Lenders) or Required DDTL Approving Lenders. (b) In the event that an event or circumstance occurs in between the monthly dates on which the Budgets are otherwise due pursuant to Section 6.24(a) which would make the then current Budget materially inaccurate, within two (2) Business Days of becoming aware of such event or circumstance, the Administrative Borrower shall provide notice of such event or circumstance to the Administrative Agent and the Lenders and promptly deliver a revised Budget reflecting the impact thereof. Without limiting the foregoing, the Budget shall be updated, modified or supplemented by the Administrative Borrower with the written consent of the Administrative Agent (at the direction of the Required DDTL Approving Lenders), and upon the request of the Administrative Agent (at the direction of the Required DDTL Approving Lenders) from time to time. (c) Each Budget delivered to the Administrative Agent and the Lenders shall be accompanied by such supporting documentation as reasonably requested by the Administrative Agent (at the direction of the Required DDTL Approving Lenders) and shall be prepared in good faith, with due care and based upon assumptions the Borrower believe to be reasonable. (d) Within one (1) Business Day of any Loan Party having knowledge of their occurrence or existence, Administrative Borrower shall provide the Administrative Agent and Lenders with written notice of any event or condition which is reasonably likely to entail expenditures of more than $100,000 which is not included in the Approved Budget (including, but not limited, on account of an accident, environmental event or other unanticipated occurrence) or which would otherwise be reasonably likely to have a negative impact on the value of the Loan Parties’ and their Subsidiaries’ assets or future business prospects or a similar event.

  • Minimum Adjusted EBITDA Borrower shall maintain a minimum trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), as of such test date, of at least the greater of (a) $75,000,000 and (b) an amount equal to 75% of the trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), for the immediately preceding six-month period, tested semi-annually, commencing September 30, 2024, and continuing on each subsequent March 31 and September 30.

  • Net Cash Flow The term “Net Cash Flow” shall mean all cash and cash equivalents from all sources on hand as of the last day of the measurement period prior to any distributions to the Partners, and after the payment of all then due expenses of operating and managing the Restaurants, and after payment of all debts and liabilities and after any prepayments of any debts and liabilities that the General Partner, in its reasonable and good faith discretion, elects to cause to be made, and after the establishment of any reserves reasonably deemed necessary by the General Partner for (i) the repayment of any due debts or liabilities, including debts owed to the General Partner; (ii) the working capital requirements; (iii) capital improvements and replacement of furniture, fixtures or equipment; and (iv) any contingent or unforeseen liabilities. In determining Net Cash Flow of each Restaurant there shall be deducted the Supervision Fee and the Accounting Fee as provided in Section 4.7, the Advertising Payment and the Insurance Payment as provided in Section 4.8, and the OSRS Charges as provided in Section 4.2.

  • Gross Receipts The entire amount of all receipts, determined on a cash basis, from (a) tenant rentals collected pursuant to tenant leases of apartment units, for each month during the term hereof; provided that there shall be excluded from tenant rentals any tenant security deposits (except as provided below); (b) cleaning, tenant security and damage deposits forfeited by tenants in such period; (c) laundry and vending machines income; (d) any and all other receipts from the operation of the Project received and relating to the period in question; (e) proceeds from rental interruption insurance, but not any other insurance proceeds or proceeds from third-party damage claims, and (f) any other sums and charges collected in connection with termination of the tenant leases. Gross Receipts also does not include the proceeds of (i) any sale, exchange, refinancing, condemnation, or other disposition of all or any part of the Project, (ii) any loans to Owner whether or not secured by all or any part of the Project, (iii) any capital expenditures or funds deposited to cover costs of operations made by Owner, and (iv) any insurance policy (other than rental interruption insurance or proceeds from third-party damage claims).

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