ISL Revenues definition
ISL Revenues means revenues recognized on the books of ISL and/or SPSS (as appropriate) for sales made through the entire ISL and/or SPSS organization worldwide (including its affiliates, agents and partners) from all ISL products and services listed on Schedule 1.4 including, without limitation, licensing of ISL's intellectual property rights, sale of ISL's technology or part of it, product license sales, maintenance sales, training fees, consulting revenue, distributor fees, royalty payments payable to ISL (pursuant to that certain Agreement for the Sale and Purchase of the Integrated Solution and Scheduling Business and Certain Assets of Integrated Solutions Limited dated January 18, 1997 by and among Auto Simulations Limited, Integral Solutions Limited and Auto Solutions, Inc. (the "ISS Agreement"; the Integral Solution and Scheduling Business referenced in the ISS Agreement is referred to herein as "ISS")), royalty payments from value added reseller and original equipment manufacturer relationships, access fees, as well as research and development funds for data mining and applications related to ISL products as recognized by ISL or SPSS from any government agency and other sources, including work-in-progress on the basis used by ISL historically. The parties hereto agree that, when calculating the amount of ISL Revenues attributable to bundled software containing a combination of an ISL product or part of an ISL product and another product or other products, the amount to be included in the ISL Revenues shall be that proportion of the total price of the bundled software which the price of the ISL product bears relative to the price of all products comprised in the bundled software when sold individually. In the event an ISL product or part is bundled with or merged into a non-ISL product or products, and the price of such ISL product or part cannot be determined, or if it is unclear as to the contribution such ISL product or part makes to the price of the bundled
Examples of ISL Revenues in a sentence
SPSS intends to prepare business plans with respect to ISL, the intent of which is to enable ISL to achieve ISL Revenues sufficient to require the payment of the maximum Contingent Payments provided for under Section 1.4; provided, however, that SPSS makes no representation, warranty or covenant that such business plans, if implemented, will be successful, or that such levels of ISL Revenues shall be achieved.
If any Rent payment is not received by Landlord or Landlord's designee within five (5) days after that Rent is due, Tenant shall pay to Landlord interest on the past-due amount, from the date due until paid, at the rate of five percent (5%) above the prime interest rate then in effect at Fleet Bank, Boston, Massachusetts per year.