Revenue Interests definition

Revenue Interests means all of the Company’s interest in the Gross Product Revenues.

Revenue Interests means all of the Company’s right, title and interest in and to that portion of the accounts and payment intangibles arising out of sales and licenses of the Included Products and the Product Assets equal to the Revenue Interest Payments for each calendar quarter (or portion thereof) during the Revenue Interest Period.

Revenue Interests means all of the Company’s rights, title and interest in and to, free and clear of any and all Liens, that portion of the Annual Net Revenues of the Company in an amount equal to the Included Product Payment Amount for each Calendar Quarter during the Payment Term.

Examples of Revenue Interests in a sentence

• Except as expressly reflected in the Net Revenue Interests and Working Interests set forth in Exhibit A or Exhibit B and except as permitted after the date hereof by this Agreement, the Company has not elected not to participate in any operation or activity proposed with respect to any Asset which could result in the Company’s interest in such Asset becoming subject to a penalty or forfeiture as a result of such election.

• The Company and its Subsidiaries have not transferred, sold, or otherwise disposed of, or agreed to transfer, sell, or otherwise dispose of any portion of the Revenue Interests other than as contemplated by this Agreement.

• No EXCO Sub is obligated by virtue of any take or pay payment, advance payment or other similar payment (other than royalties, overriding royalties and similar arrangements reflected with respect to the Net Revenue Interests for the Xxxxx set forth in Exhibit B and gas balancing arrangements), to deliver Hydrocarbons, or proceeds from the sale thereof, attributable to the Subject Interests at some future time without receiving payment therefor at or after the time of delivery.

• If the Put Option is exercised prior to the first anniversary of the closing date by the Purchasers (except pursuant to a change of control), the required repurchase price will be 120% of the Cumulative Purchaser Payments (minus all payments Company has made to the Purchasers in connection with the Revenue Interests).

• During the Term, the Company shall keep and maintain, or cause to be kept and maintained, at all times full and accurate books of account and records adequate to correctly reflect all payments paid and/or payable with respect to the Revenue Interests and Assigned Interests and all deposits made into the applicable deposit accounts.

More Definitions of Revenue Interests

Revenue Interests means the revenue interests issued pursuant to the Revenue Interest Purchaser Agreement.

Revenue Interests means all of the interest of the Company and its Subsidiaries in the proceeds of the total sales realized by the Company (or an Affiliate, agent or sublicensee thereof, as applicable) of the Products sold on or after the Closing Date.

Revenue Interests means all of the interest of the Company and its Subsidiaries in the Gross Product Revenues. “Second Drawdown Date” shall mean the one-year anniversary of the date hereof.

Revenue Interests means all of the right, title and interest of the Company and its Subsidiaries in and to that portion of the Revenue Base equal to the Revenue Interest Payments for each calendar quarter (or portion thereof) during the Revenue Interest Period.

Revenue Interests means (A) with respect to any Out-License Agreement, all of the Company’s and its Affiliates’ rights under such Out-License Agreement, including, without limitation, rights to receive payments in respect of sale of the Products in the Territory and (B) otherwise, all of the Company’s and its Affiliates’ rights, however derived, to receive payments in respect of sales of the Products in the Territory.

Revenue Interests means the interest in the Company’s future revenues owned by Xxxx Capital pursuant to agreements between the Company and Xxxx Capital, and all other securities, interests and rights granted by the Company to Xxxx Capital, which, together with such revenue interest, Xxxx Capital is exchanging for the Company’s Series A-1 and Series A-2 Convertible Preferred Stock.

Revenue Interests means Xxxx Capital’s right to receive a portion of Ortec’s revenue from the sale in the United States, Canada and Mexico of Ortec’s products that Ortec may sell in such countries, as set forth and defined in the Revenue Interests Assignment Agreement.