Indirect Revenue definition
Examples of Indirect Revenue in a sentence
The parties acknowledge and agree that, upon and following the initial generation of Indirect Revenue from a particular source, the Investor shall have no further obligation to assist the Provider with respect to the generation of additional revenue from such source.
The parties hereby agree that, unless the Provider has documented material contact which was reasonably expected to result in revenue without Investor’s assistance with a third party appearing on such list prior to the date of the Investor’s contact with such party, then all revenue received by the Provider from such third party during the Term shall be classified as Indirect Revenue.
Licensee shall retain such records with respect to (i) any and all Licensed Activities and each Licensed Product for at least five (5) years from the date of such Licensed Activities or the sale, lease or putting into use of such Licensed Product, and (ii) any and all Direct Revenue, Indirect Revenue and Excluded Revenue for at least five (5) years from the date of having earned such revenue.