Product Revenue definition

Product Revenue means the revenue received by the JV Participants from the sale of Products.
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Product Revenue means, with respect to any Product: (a) the sum of (x) Net Sales of such Product by Providence or its Affiliates (but excluding Net Sales by Providence’s
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Product Revenue means, with respect to the Borrower or any Obligor, all amounts paid to and received by such Person in the ordinary course of business that, in accordance with GAAP, would be classified as net revenue, excluding upfront payments, milestones, royalties and other similar one-time payments received by such Person that are not related to the sale of products or services; provided that Product Revenue shall exclude any of the foregoing amounts received by the Borrower or an Obligor from any other Borrower, Obligor or their respective Subsidiaries.
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Examples of Product Revenue in a sentence

  • By 2019, the Government of Indonesia wants to increase this figure to double to 8% of Gross Domestic Product Revenue, meaning the number of visitors needs to be doubled to approximately 20 million.

  • Example: if the combination product is sold for USD 20,000 and consists of the Licensed Product (which would be sold separately for USD 12,000 as a fair market value) and one other product (which would be sold separately for USD 18,000 as a fair market value), then the Licensed Product Revenue would be USD 2,000: i.e. 20,000 x (12,000 / (12,000 + 18,000)) x 25% = 2,000.

  • Finished Product Revenue shall be accounted for and allocated between Wood Debris and Yard Debris materials in accordance with the approved Marketing Plan.

  • The consolidated Product Revenue of the Borrower and its Subsidiaries for the period of four (4) consecutive fiscal quarters ended on the last day of the fiscal quarter before the proposed Tranche B Term Loan Borrowing Date shall be not less than $47,000,000.

  • Creative shall pay to Licensor * percent ( * %) of the Licensed Product Revenue from any Activated Product sold by Creative to End Users directly from Creative via Creative's web site on the Internet.


More Definitions of Product Revenue

Product Revenue is defined in Section 2.7(a).
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Product Revenue is product revenue determined in accordance with GAAP; provided that Product Revenue shall not include revenue from any license or royalty transaction.
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Product Revenue means Net Commercial Revenue received by the Loan Recipient or by any joint venture or subsidiary created by Loan Recipient, and any upfront licensing fees, development milestone payments received from a product development partner, and royalties on commercial sales, which arise from or are related to development and/or commercial sale of the Product.
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Product Revenue means all revenue of the Obligors from any Product properly recognized under GAAP, consistently applied, including royalty revenue, but excluding non-recurring items and any milestone, licensing, extraordinary items, research and development service revenues, and other similar items calculated net of all rebates, discounts and other price allowances.
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Product Revenue means any net revenue generated from the sale of any Products in the Field and within the Territories (defined below). In calculating “Product Revenue,” any royalty or other fees PharmaCyte is currently contractually obligated to pay Bavarian Nordic A/S and GSF – Forschungszentrum für Umwelt u. Gesundheit GmbH (“Bavarian Nordic/GSF”) under PharmaCyte’s License Agreement with Bavarian Nordic/GSF, as amended, will be taken into account in calculating Product Revenue.
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Product Revenue means earned software licenses, services and support revenue determined and recognized in accordance with generally accepted accounting principles consistently applied ("GAAP") earned during the Earn Out Period from products with the present trade name of Apex whether now available or in the process of development in connection with the San Diego contract or to be developed in connection with further California contracts and that are or will be licensed by ASIX or Buyer, and from any other Buyer software, services and support provided to local governments and other jurisdictions located in the State of California. Product Revenue does not include any such revenue to the extent such revenue is determined to be uncollectible or to the extent its earned status is in dispute.
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Product Revenue means gross product revenue of Borrower and its Subsidiaries determined in accordance with GAAP and on a consolidated basis.
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