Exploitation Revenue definition

Exploitation Revenue means anything of value received by a Managing Party for the performance of Exploitation Agreement, including but not limited to, license/option issue and maintenance fees, equity, minimum royalties, earned royalties, and milestone payments, but not including funds received for research support that is not in lieu of license/option consideration.
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Exploitation Revenue means any and all consideration received by Organisation from the commercial exploitation of the Arising IP, including licence fees, revenues from sales, option fees, up-front fees, royalties, minimum royalties or milestone payments, sub-licence initiation fees or any other monetary or in-kind compensation received by Organisation from the licensing or commercialisation or other disposition of the Arising IP in forms including but not limited to monies, shares or options. For clarity, Exploitation Revenue excludes any monies paid specifically to fund the undertaking of research, including but not limited to any additional funding required to undertake the Research Programme;
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Examples of Exploitation Revenue in a sentence

  • Exploitation Revenue received by the Access Party is subject to the Threshold Payment requirements under Schedule 3.

  • Any sums recovered with respect to any such action shall be applied first to reimburse out-of-pocket expenses incurred by UT Austin, SU, CNRS and WU in the enforcement action and the remaining sums shall be deemed Exploitation Revenue hereunder and shall be shared by the Parties as set forth in Article 5.

  • Termination under this clause will not affect the right of the Access Party to sell Products or material containing a Product, by way of retail sale under commercial arrangements existing at the date of termination, and the Access Party’s obligation to provide Exploitation Revenue in accordance with Schedule 3 will survive the termination.

  • ADNM shall pay you [***] of the "Gross Exploitation Revenue," which means the amount actually received by ADNM in respect of activities contemplated in this Agreement and not set forth above in this paragraph 6, including, for example, income in respect of advertising contained on the Store (e.g., hyperlinks to, and banners and other advertisements for, other Internet web sites), less all agent commissions and other related Deductible Amounts.

  • Without limiting clause 8.1.1 the Access Party accounts and records will enable tracking of Exploitation Revenue to ensure correct delivery of Threshold Payments to the Commonwealth.

  • Where the gross Exploitation Revenue received by the Access Party in a calendar year falls within the relevant threshold range specified in column 1 of the table below the Access Party will pay to the Access Provider the corresponding percentage of gross Exploitation Revenue specified in column 2 of the table (Threshold Payments).

  • Where the gross Exploitation Revenue received by the Access Party in a calendar year falls within the relevant threshold range specified in column 1 of the table below the Access Party will pay to the Commonwealth the corresponding percentage of gross Exploitation Revenue specified in column 2 of the table (Threshold Payments).

  • ADNM shall pay you [***] of the "Gross Exploitation Revenue," which means [***].

  • Any sums recovered with respect to any such action shall be applied first to reimburse out-of-pocket expenses incurred by UT Austin, SU, CNRS and XX in the enforcement action and the remaining sums shall be deemed Exploitation Revenue hereunder and shall be shared by the Parties as set forth in Article 5.

  • Without limiting clause 8.1.1 the Access Party accounts and records will enable tracking of Exploitation Revenue to ensure correct delivery of Threshold Payments to the Access Provider.

Related to Exploitation Revenue

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Net Revenues means revenues less related expenses, including

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Adult exploitation means the illegal use of an incapacitated adult or his resources for another's

  • Project Revenue means all rents, fees, sales, and payments

  • Advertising Revenues means revenues derived from sales of advertising that are made available to Grantee’s Cable System subscribers within the Town and shall be allocated on a pro rata basis using total Cable Service subscribers reached by the advertising. Additionally, Grantee agrees that Gross Revenues subject to franchise fees shall include all commissions, rep fees, Affiliated Entity fees, or rebates paid to National Cable Communications (“NCC”) and Comcast Spotlight (“Spotlight”) or their successors associated with sales of advertising on the Cable System within the Town allocated according to this paragraph using total Cable Service subscribers reached by the advertising.

  • Exploitation means to make, have made, import, export, use, have used, sell, have sold, or offer for sale, including to Develop, Commercialize, register, modify, enhance, improve, Manufacture, have Manufactured, hold, or keep (whether for disposal or otherwise), or otherwise dispose of.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Licensed service area means the geographic area in which

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • System Revenues means all rates, rents, fees, charges,

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Licensed Services means all functions performed by the Licensed System.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Gross Profits means the gross profits calculated under section 4;

  • Net Sales means [***].

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

  • Licensed Processes means processes which, in the course of being practiced, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.