Earned Revenue definition
Examples of Earned Revenue in a sentence
As the Licensor, SKYX shall directly receive Earned Revenue from Licensees for each transaction arising from a Licensed Program.
Any existing Earned Revenue Share will remain in effect and governed by this Contract.
Unless otherwise agreed by the Parties in the applicable SOW, when a Program is monetized by the licensing of Program technology and/or Intellectual Property by the Company on SQL’s behalf to one or more third parties (each, a “Licensed Program”), SQL shall receive [***] of any Earned Revenue realized from such monetization of the Program and the Company shall receive [***] of such Earned Revenue.
SKYX shall provide to Company full administrative access to view and account for and reconcile to the applicable Licensees such Earned Revenue.
Sales Reports, Earned Revenue Reports and Revenue Remittance Payments will be generated and disbursed on the fifteenth day of each month.