Examples of Revenue Buyer in a sentence
Vertex may, at any time, monetize all or a portion of the value of the payments to which it may be entitled to receive under this Article 4 by assigning to a Third Party (a “Revenue Buyer”) the right to receive such payments (a “Monetization Transaction”); provided that Vertex has put in place adequate and customary confidentiality provisions at least as stringent as those applicable to Vertex hereunder with the Revenue Buyer.
For every $1.00 that Product Revenue exceeds Base Product Revenue, Buyer shall pay Sellers $0.15, (the "Contingency Consideration) with each Seller receiving their portion based on their Percent of Stock Ownership as indicated in Schedule 1.2 until the earlier of (i) the end of the Earn Out Period or (ii) the time when the aggregate Contingency Consideration paid equals the Maximum Earn Out Amount (as defined below in Section 1.2.4 (f)).
In the event of a Monetization Transaction, Xxxxx will make such payments to the Revenue Buyer as directed by Vertex and shall deliver notices and provide reports directly to the Revenue Buyer as directed by Vertex.
Subject to the consent of the insurer (Standard Life) and the Inland Revenue, Buyer or an Affiliate of Buyer shall become a participating employer in the Stanplan on the same terms as the UK Subsidiary in respect of the UK Employees who are members of the Stanplan as at Closing with effect from Closing.
VERTEX may, at any time, monetize all or a portion of the value of the payments to which it may be entitled to receive under this Section 4 by assigning to a Third Party (a “Revenue Buyer”) the right to receive such payments and other payments (a “Monetization Transaction”), provided that VERTEX has put in place adequate and customary confidentiality provisions at least as stringent as those applicable to VERTEX hereunder with the Revenue Buyer.
Buyer shall cause the Work-in-Progress to be billed in the normal course of the Business consistent with past practices and, to the extent that the amount of the Work-in-Progress actually collected from the customers exceeds the amount of the Unearned Revenue, Buyer shall pay such amount to Seller.
Subject to the consent of the insurer (Standard Life) and the Inland Revenue, Buyer or an Affiliate of Buyer shall become a participating Sequential Page No: 285 of 350 Exhibits: Page 123 employer in the Stanplan on the same terms as the UK Subsidiary in respect of the UK Employees who are members of the Stanplan as at Closing with effect from Closing.
In the event of a Monetization Transaction, TREKtx shall make such payments to the Revenue Buyer as directed by VERTEX and shall deliver notices and provide reports directly to the Revenue Buyer as directed by VERTEX.
Except for Alcohol Costs, all costs and expenses incurred in connection with the operations of the Management Agreement Sites (including, without limitation, all wages and benefits paid to all persons engaged in the Management Agreement Site operations) shall be paid by and be the sole responsibility of Buyer, and except for Alcohol Revenue, Buyer shall be entitled to all proceeds and profits of all sales at the Management Agreement Sites.
Except for Alcohol Costs, all costs and expenses incurred in connection with the operations of the Restaurant (including, without limitation, all wages and benefits paid to all persons engaged in the Management Agreement Site operations) shall be paid by and be the sole responsibility of Buyer, and except for Alcohol Revenue, Buyer shall be entitled to all proceeds and profits of all sales at the Restaurant.