Revenue obligations definition
Examples of Revenue obligations in a sentence
If the provisions of Section 2.5 apply with respect to a Product, then solely in the United States, in lieu of future milestone, Royalty and Sublicensing Revenue obligations set forth in Sections 4.1, 4.2, 4.3, 4.4 and 4.5 with respect to such Product, MDCO and Eagle shall share Gross Profits with respect to such Product as follows: [*] to Eagle and [*] to MDCO.
University represents, warrants and agrees that the obligation to make the Financing Payments required by a Financing Agreement is non-cancellable and shall be paid equally and ratably, without preference, priority, or distinction because of date of issue or otherwise, from General Revenues on the same basis as the University’s other General Revenue obligations.
AOL and DCI will provide InfoSpace with at least a quarterly revenue report regarding the sale of Advertising by AOL on the AOL White Pages hereunder in form to be reasonably agreed to by the Parties such that such reports are sufficient to determine AOL's Revenue obligations hereunder.
Amounts paid by Distributor under the Bovine Testing Agreement to Diamond shall constitute Qualified Revenue under the Distribution Agreement, be credited to Distributor's Minimum Qualified Revenue obligations under the Distribution Agreement, beginning with the Second Contract Year's Minimum Qualified Revenue, under the Distribution Agreement.
The Parties acknowledge that a breach or threatened breach of the Tax Revenue obligations would cause the non-breaching Party or Parties to suffer immediate and irreparable harm which would not be fully remedied with the payment of monetary damage.