Revenue Stream definition

Revenue Stream means the Applicable Percentage of the Monetization Revenues.

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Revenue Stream means a right to receive payment in cash of the Revenue Stream Amount; provided, that unless the Revenue Stream is accelerated in accordance with the Agreement, such right shall be recourse solely to Monetization Revenues and the Patents.

Revenue Stream means a right to receive a portion of Monetization Revenues totaling (x) if paid in full in cash prior to January 29, 2016, 6x (600%) of the Revenue Stream Basis, (y) if paid in full in cash prior to July 29, 2018, 10x (1,000%) of the Revenue Stream Basis, and (y) otherwise, 15x (1,500%) of the Revenue Stream Basis, provided, that upon an acceleration, the Revenue Stream shall represent an absolute entitlement to receive such amounts without regard to the existence of Monetization Revenues; and provided that with respect to portions of the Revenue Stream arising from increases to the Revenue Stream Basis that result from issuances after the Closing, the foregoing dates shall be the first anniversary and the 42 month anniversary of such issuances, respectively.

Examples of Revenue Stream in a sentence

• The rights of the Revenue Participants to the Revenue Stream shall be secured pursuant to the Collateral Documents, junior in priority to the rights of the Note Purchasers.

• In the event the Parties cannot in good faith reach agreement regarding such Alternative Revenue Stream within ten (10) days of AOL's request to negotiate, either Party will have the right to have such matter submitted to dispute resolution pursuant to Section 6.

• This Revenue Stream Assignment and Assumption Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

• This Revenue Stream Assignment and Assumption Agreement (this “Revenue Stream Assignment and Assumption Agreement”) is dated as of the Effective Date set forth below and is entered into by and between the Assignor (as defined below) and the Assignee (as defined below).

• For the avoidance of doubt, prior to the payment in full of the Notes, the Revenue Stream shall be applied by the Company or the Collateral Agent, as the case may be, to the payment of principal and interest on the Notes when due or payments owed pursuant to Sections 9.1(ii)-(iv) or 9.2, and shall not be shared with any Revenue Participants as a payment in respect of the Revenue Stream.

• The Company, after payment in full of the Note Obligations, may prepay any or all of the remaining balance of the Revenue Stream (as defined with respect to the applicable time of such payment in the definition of Revenue Stream).

• Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Revenue Stream Assignment and Assumption Agreement, without representation or warranty by the Assignor.

• Delivery by telecopier, .pdf or other electronic imaging means of an executed counterpart of a signature page to this Revenue Stream Assignment and Assumption Agreement shall be effective as delivery of an original executed counterpart of this Revenue Stream Assignment and Assumption Agreement.

• Until all of the Company’s obligations with respect to the Notes and the Revenue Stream, have been paid in full in cash, the Company shall comply with the covenants set forth in this Article VI.

• This Revenue Stream Assignment and Assumption Agreement shall be governed by, and construed in accordance with, the law of the State of New York.

More Definitions of Revenue Stream

Revenue Stream means a right to receive a portion of Monetization Revenues totaling (x) if paid in full prior to an acceleration of the Notes and/or Revenue Stream and on or before September 30, 2016, $8,500,000, (y) if paid in full prior to an acceleration of the Notes and/or Revenue Stream, and following September 30, 2016 and on or before December 31, 2016, $9,500,000, and (z) if paid in full following an acceleration of the Notes and/or Revenue Stream, or following December 31, 2016, up to $11,284,538; provided, that upon an acceleration, the Revenue Stream shall represent an absolute entitlement to receive $11,284,538 without regard to the existence of Monetization Revenues.”

Revenue Stream means a right to receive a portion of Monetization Revenues totaling (x) if paid in full prior to March 31, 2018, up to $5,000,000 and (y) otherwise, up to $7,500,000; provided, that upon an acceleration, the Revenue Stream shall represent an absolute entitlement to receive such amounts without regard to the existence of Monetization Revenues.