Unearned Revenues Sample Clauses

Unearned Revenues. The aggregate of all payments received prior to the Closing Date, in each case, with respect to ongoing liabilities and obligations of Sellers to provide products or services after the day prior to the Closing Date (including, without limitation, all customer advance payments, maintenance fees and the estimated value of all warranty obligations to be discharged or performed with respect to work performed or services rendered prior to the Closing Date) under any contract listed on Schedule 3.01(q) hereto, all of which payments and amounts have been identified and set forth by Sellers on Schedule 2.05(a)(i) hereto;
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Unearned Revenues. The Seller shall promptly pay to the Purchaser any amounts received by the Seller (other than amounts received by the Seller in connection with any of the assets referred to in Section 1.2) and relating to services to be performed by the Purchaser after the Closing Date with respect to any customer or account or relating to time periods subsequent to the Effective Time on the Closing Date.
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Unearned Revenues. Notwithstanding any provision hereof to the contrary, all Unearned Revenues that are attributable to the Legacy Contracts and Reseller Legacy Clients (as such terms are defined in the Reseller Agreement), shall continue to be held by Radiant as security for Enterprise’s obligation to perform the services or deliver the software associated with such Unearned Revenues. Promptly (but in any event, within five (5) Business Days) after receipt by Radiant of Notice from Enterprise that it has performed the services or delivered the software associated with such Unearned Revenues, together with such evidence of performance as shall be reasonably requested by Radiant (which may include customer confirmation), Radiant shall deliver to Enterprise an amount of cash in same day funds equal to such Unearned Revenues.
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Unearned Revenues. 6.16 Contracts
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Unearned Revenues. No customers of the Business have been billed, or have paid any amount, for any services, licenses or products that have not been performed or delivered by Seller. No amounts have been billed or collected by Seller related to any of the Assumed Liabilities.
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Unearned Revenues. As of the Closing Date, the Company shall have as working capital an amount equal to (i) revenue derived from the Valuation Game Conference beginning on February 28, 2000, less the expenses paid by the Company relating to such conference, (ii) operating expenses of the Company for the month of February, 2000, plus (iii) any liabilities for unearned subscriptions, prepaid tickets and unfulfilled sponsorships of the Company. At least two (2) days prior to the Closing Date, the President or Chief Financial Officer of the Company shall deliver to the Purchaser a certificate to such effect, along with an estimated balance of the Company. 34 39 VII.
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Unearned Revenues. Notwithstanding any provision hereof to the contrary, all Unearned Revenues that are attributable to the Legacy Contracts and Reseller Legacy Clients (as such terms are defined in the Reseller Agreement), shall continue to be held by Radiant as security for Enterprise’s obligation to perform the services or deliver the software associated with such Unearned Revenues. Promptly (but in any event, within five (5) Business Days) after receipt by Radiant of Notice from Enterprise that it has performed the services or delivered the software associated with such Unearned Revenues, together with such evidence of performance as shall be reasonably requested by Radiant (which may include customer confirmation), Radiant shall deliver to Enterprise an amount of cash in same day funds equal to such Unearned Revenues; provided, that, as promptly as practical (but in any event, within ten (10) Business Days) upon the delayed transfer hereunder of any Legacy Contracts that are not Reseller Legacy Clients, Radiant shall deliver to Enterprise an amount of cash in same day funds equal to any remaining Unearned Revenues attributable thereto. Notwithstanding anything contained in this Section 2.3 to the contrary, Radiant shall not be required to pay Enterprise for any Unearned Revenues relating to hosting setup fees, Unearned Revenues relating to Consumer Price Index (CPI) deferrals, Unearned Revenues related to development services performed in advance of a software subscription agreement but deferred due to accounting standards, Unearned Revenues relating to the TOTAL and YUM! Brands agreements, or any HMS Unearned Revenues in excess of $134,000; provided, however, that Radiant shall make the payments to Enterprise described on Schedule 2.3 relating to the TOTAL and YUM! Brands agreements. In addition, promptly (but in any event, within ten (10) Business Days) following the Closing Date, Radiant shall deliver to Enterprise an amount of cash in same day funds equal to Radiant’s good faith estimate of all Unearned Revenues that are attributable to the Enterprise Contracts listed on Schedule 1.1.20(c) (other than Legacy Contracts and the YUM! Agreements). Promptly (but in any event, within five (5) Business Days) following confirmation of such actual Unearned Revenue amount, Radiant or Enterprise, as appropriate, shall make such payment to the other as necessary to adjust properly such estimate.
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Unearned Revenues. Prepaid revenues, deposits or other advance payments received by the Company before Closing (collectively, “Unearned Revenues”) shall be included in the Company’s gross income for federal, state and local income Tax purposes in accordance with applicable provisions of Tax law, whether before or after the Closing Date.
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Related to Unearned Revenues

  • 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 annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Collect Revenues, Apply Accounts Lender, either itself or through a receiver, may collect the payments, rents, income, and revenues from the Collateral. Lender may at any time in Lender’s discretion transfer any Collateral into Lender’s own name or that of Lender’s nominee and receive the payments, rents, income, and revenues therefrom and hold the same as security for the Indebtedness or apply it to payment of the Indebtedness in such order of preference as Lender may determine. Insofar as the Collateral consists of accounts, general intangibles, insurance policies, instruments, chattel paper, choses in action, or similar property, Lender may demand, collect, receipt for, settle, compromise, adjust, xxx for, foreclose, or realize on the Collateral as Lender may determine, whether or not Indebtedness or Collateral is then due. For these purposes, Lender may, on behalf of and in the name of Grantor, receive, open and dispose of mail addressed to Grantor; change any address to which mail and payments are to be sent; and endorse notes, checks, drafts, money orders, documents of title, instruments and items pertaining to payment, shipment, or storage of any Collateral. To facilitate collection, Lender may notify account debtors and obligors on any Collateral to make payments directly to Lender.

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Sublicense Revenue In the event Licensee or an Affiliate of Licensee sublicenses under Section 2.2, Licensee shall pay CareFusion **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of any Sublicense Revenues resulting from sublicense agreements executed by Licensee.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Quarterly Payments If Tenant during any six (6) month period shall be more than five (5) days delinquent in the payment of any rent or other amount payable by Tenant hereunder on three (3) or more occasions, then, notwithstanding anything herein to the contrary, Landlord may, by written notice to Tenant, elect to require Tenant to pay all Base Monthly Rent and Additional Rent quarterly in advance. Such right shall be in addition to and not in lieu of any other right or remedy available to Landlord hereunder or at law on account of Tenant's default hereunder

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • Underpayments/Overpayments If a report of an independent public accounting firm submitted to the Parties in accordance with Section 4.3.6 shows any underpayment of royalties and other payments due under this Article IV, Nestlé will remit to the Company within [**] days after receipt of such report by Nestlé, (a) the amount of such underpayment plus interest, calculated from the date such underpayment should have been originally made to the Company and (b) if such underpayment exceeds [**] of the total amount owed to the Company for the Calendar Year then being audited, the reasonable fees and expenses of such independent public accounting firm performing the audit, subject to reasonable substantiation thereof. If such independent public accounting firm’s written report shows any overpayment of royalties or other payments due under this Article IV, Nestlé will receive a credit equal to such overpayment plus interest, calculated from the date such overpayment was originally made to the Company hereunder against the royalties and other payments due under this Article IV otherwise payable to the Company.

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