Segmented Revenue means the Reported Sales of a PatentBook Subscriber (Licensee) designated on their Books and Records or Income Statement that have been earned from the sale of products as defined by each PatentBook.
Examples of Segmented Revenue in a sentence
An annual rate of 0.25% (25 Basis Points) of Reported Sales in such Subscribers’ (Licensees) Segmented Revenue in Internet of Things or a minimum annual fee of US$250,000.