Revenue Sharing Fee definition

Revenue Sharing Fee means a fee, payable quarterly, with respect to each fiscal quarter commencing with the first full fiscal quarter after the Closing Date, as provided in Section 3.08, based upon OC-01 Net Revenue for any fiscal year in which such fiscal quarter occurs, determined as follows: the sum of (i) with respect to that portion of OC-01 Net Revenue for such fiscal year up to (but not in excess of) $300,000,000 for such fiscal year, three percent (3.0%) of such portion of OC-01 Net Revenue for such fiscal quarter plus (ii) with respect to that portion of OC-01 Net Revenue for such fiscal quarter (if any) in excess of $300,000,000 for such fiscal year and up to (but not in excess of) $500,000,000 for such fiscal year, one percent (1.0%) of such portion of OC-01 Net Revenue for such fiscal quarter; provided that, total Revenue Sharing Fees payable hereunder since the Closing Date shall not exceed the Revenue Sharing Fee Cap Amount applicable to such Applicable Period, and once an aggregate amount of Revenue Sharing Fees equal to the applicable Revenue Sharing Fee Cap Amount in effect for any Applicable Period has been paid pursuant to Section 3.08, no further Revenue Sharing Fees shall be payable for the remainder of such Applicable Period.
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Revenue Sharing Fee has the meaning set forth in Section 5.
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Revenue Sharing Fee. A semi-annual fee in the amount of:
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Examples of Revenue Sharing Fee in a sentence

  • Revenue Sharing Fee, currently computed at the prescribed rate of adjusted gross revenue (AGR) is expensed in the Profit and Loss Account in the year in which the related income from providing unified access services is recognised.An additional revenue share towards spectrum charges is computed at the prescribed rate of the service revenue earned from the customers who are provided services through the CDMA and CorDect wireless technology.

  • The Revenue Sharing Fee will not begin until the later of (x) July 1, 2020, or (y) the first renewal, extension, or change in the agreement between you and your customer after July 15, 2019 (except if the agreement has a perpetual term or rights, then renewal will be deemed to have occurred upon the date on which the first payment is due from End Customer to ISV after July 1, 2020 in connection with the agreement or a related agreement covering ongoing maintenance or support).

  • Microsoft will invoice the Revenue Sharing Fees for each Paid Eligible Sale within 30 days of initial deal registration and generally in advance of each quarterly period thereafter during the Customer Subscription Term (except for those Paid Eligible Sales in which the Customer Subscription Term for the Paid Eligible Sale is not defined or less than or equal to 90 days, in which case the full remaining Revenue Sharing Fee will be invoiced and due).

  • If the Annual Reconciliation Statement shows that the Concessionaire paid more than the Revenue Sharing Fees and the Concession Fees that were actually due, then the excess amount shall be credited against the Revenue Sharing Fee or Concession Fee that is next payable by the Concessionaire, as the case may be.

  • I(3)S agrees that GTE has the right to audit or otherwise examine, or have audited or otherwise examined, on an annual basis all applicable books, records, documents, and other data of I(3)S, including computations and projections, specifically and only relating to the GTE Revenue Sharing Fee under this Agreement, and I(3)S' billing and collection of revenues from HSDS subscribers.

  • The Licensee shall, after the end of a natural month, issue a settlement confirmation letter to settle the Revenue Sharing Fee payable to the Licensor for that natural month within X working days after receipt of the channel settlement statement.

  • For the avoidance of doubt, no Revenue Sharing Fee shall be payable by the Company for the period from the Soft Launch Date up to but excluding the Official Launch Date.

  • See the Addendum for information on how to calculate the Revenue Sharing Fee, including determining the Total Solution Value, Revenue Share Percentage, and treatment of existing customer agreements (including upon renewal).

  • The Grantee shall pay an annual License Fee for the Concession, in an amount equal to the sum of: (A) $75,000 per year, payable in equal semi-annual amounts on May 1 and November 1 each year of the Term (the "Base Fee"); and (B) Four percent (4%) of the Grantee's annual gross sales from all operations of the Concession (the "Revenue Sharing Fee") (the Base Fee and Revenue Sharing Fee are collectively referred to as the "Fee").

  • If the audited Party's audit reveals that the auditing Party has been underpaid its applicable Revenue Sharing Fee by a percentage in excess of five percent (5%) over the period of the audit, the audited Party shall pay the auditing Party's reasonable costs of the audit, in addition to paying all past due amounts owed to the auditing Party.


More Definitions of Revenue Sharing Fee

Revenue Sharing Fee. Has the meaning given thereto in the Concession Agreement. “Sponsor” – Has the meaning given thereto in the introductory paragraph.
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Revenue Sharing Fee means a fee, payable quarterly, with respect to each fiscal quarter commencing with the first full fiscal quarter after the Closing Date, as provided in Section 3.08, based upon OC-01 Net Revenue for any fiscal year in which such fiscal quarter occurs, determined as follows: the sum of (i) with respect to that portion of OC-01 Net Revenue for such fiscal year up to (but not in excess of) $300,000,000 for such fiscal year, three percent (3.0%) of such portion of OC-01 Net Revenue for such fiscal quarter plus (ii) with respect to that portion of OC-01 Net Revenue for such fiscal quarter (if any) in excess of$300,000,000 for such fiscal year and up to (but not in excess of) $500,000,000 for such fiscal year, one percent (1.0%) of such portion of OC-01 Net Revenue for such fiscal quarter; provided that, total Revenue Sharing Fees payable hereunder since the Closing Date shall not exceed the Revenue Sharing Fee Cap Amount applicable to such Applicable Period, and once an aggregate amount of Revenue Sharing Fees equal to the applicable Revenue Sharing Fee Cap Amount in effect for any Applicable Period has been paid pursuant to Section 3.08, no further Revenue Sharing Fees shall be payable for the remainder of such Applicable Period.
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Revenue Sharing Fee. A quarterly fee in the amount of [•] percent ([•]%)6 of the Project‟s revenue, whose purpose is sharing of the Project‟s economic benefit .and refund of the invested funds in the Project by the Grantor.
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Related to Revenue Sharing Fee

  • Revenue sharing means sharing tax increment proceeds as defined in ORS 457.470.

  • Revenue Share means Government’s Share of Revenue.

  • Funding Fee has the meaning set forth in Section 2.04(b).

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Deferred Sales Charge means the "deferred sales fee" as described in the Prospectus.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Aggregate Payments means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Debit Payment means a particular transaction where a debit is made.