Net Revenue Share definition
Examples of Net Revenue Share in a sentence
For the avoidance of doubt, Buyer shall continue to pay to Seller any amount of Net Revenue Share (including the future Net Revenue Share which will be obtained after the termination date) which Buyer has settled or agreed with any Settled Third Party with respect to Buyer’s commercialization activities on or before the termination date of this Agreement.
Kayak shall provide Orbitz with a monthly invoice for the Orbitz Domestic OTA Net Revenue Share Fee and the Ebookers Net Revenue Share Fee based on the data provided in accordance with Section 5.4(b) below.
This Agreement may be terminated by either party upon thirty (30) days prior written notice to the other party of that other party’s breach of any of its obligations under this Agreement in any material respect, which breach is not remedied within the thirty (30)-day notice period (for clarification, a failure by Orbitz to pay a Net Revenue Share Fee on or prior to the date it was due will constitute a material breach of Orbitz’s obligations under this Agreement).
Starting on July 1, 2007 and continuing throughout the Term, Orbitz will pay Kayak a share of Net Revenue for Orbitz Domestic Online Travel Agencies (“Orbitz Domestic OTA Net Revenue Share Fee”) and for the Ebookers Sites (“Ebookers Net Revenue Share Fee”) in accordance with Exhibit E.
The Orbitz Domestic OTA Net Revenue Share Fee and Ebookers Net Revenue Share Fee will be calculated using 30-Day Look Back Tracking.
In the event that the total accrued amount of Net Revenue Share of * (*) and * (*) * for each * (*), * (*), and * (*) * is less than the respective Guaranteed Payments for that *, Buyer shall pay the difference between such total accrued amount of Net Revenue Share of the * (*) and * (*)* and the Guaranteed Payments of such * in order to satisfy the Guaranteed Payment of such * by the Guaranteed Payment Date.
However, 100% of Angel’s share of Guild revenue will be owed to Creator; following the example in Paragraph 3.d. above, if ▇▇▇▇▇’s share of Guild revenue is $3 Million, all $3 Million will be owed to Creator and will not be subject to the foregoing Net Revenue Share.
Revenue from Angel Guild membership fees shall be separate from the Net Revenue Share and set aside for participating filmmakers after the deduction of certain Guild related costs including, but not limited to (A) transaction fees, (B) wholesale theatrical ticket costs; (C) 25% Guild marketing expense (“Guild Marketing Expense”); and(D) digital currency (“LUMENS”) transaction costs (“Net Guild Revenue”).
Except as otherwise set forth in the CAMA, Producer’s Net Revenue Share shall be tendered by A▇▇▇▇ to Producer quarterly, concurrent with the distribution of the quarter’s reports to Producer.
No later than thirty (30) days after the end of March, June, September, and December of any calendar year during which Net Revenue is obtained by the Buyer, Buyer shall report the Net Revenue Share and related evidence information thereto, including but not limited to, the Gross Revenue, the Deducted Costs, the Net Revenue Share and the list of Patent Assets which were used for Buyer’s commercialization activities, which support the amount of the Net Revenue Share to Seller.