Third party revenue definition

Third party revenue means revenue collected from an entity other than the Medi- Cal program for a service rendered.
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Third party revenue means all consideration received by Avalanche in consideration for the grant of a sublicense under the rights granted to Avalanche pursuant to Section 2.1 with respect to Other Products, excluding (i) equity investments made by Sublicensees in Avalanche, to the extent such investments do not exceed the fair market value of such equity, (ii) payment by Sublicensees to Avalanche as reimbursement of patent expenses or expenses related to Technology Transfer or technical support, in each case related to Other Products, (iii) payments by Sublicensees to Avalanche for research, development, and pre-clinical and clinical studies undertaken by Avalanche on behalf of Sublicensees or financing of research and development at Avalanche’s expense related to Other Products, (iv) payments for the supply of Other Products, or components and materials used for the production of Other Products, and (v) amounts received in consideration for intellectual property rights that are not Virovek Patents or Virovek Know-How, as reasonably determined by Avalanche.
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Third party revenue is defined in Section 5.5.
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Examples of Third party revenue in a sentence

  • To the extent commercially reasonable, it is Provider's intention to allocate Third Party Revenue to the complex generating the revenue.

  • Provider shall pay Owner ten ---------------------------------- percent (10%) of all gross revenue received by Provider attributable to the Complexes' Web Portal from (i) advertising displayed on the Web Portal or (ii) any commission, referral fee, or similar payment from any unaffiliated vendor or service provider received by reason of a Subscriber's use or purchase of such third party's good or services (collectively the "Third Party Revenue").

  • The determination of the Accounting Referee of the Third Party Revenue will be conclusive and binding upon the parties and such amounts as determined by the Accounting Referee will be the final Third Party Revenue for all purposes pursuant to this Agreement.

  • On or before March 31, 2005, Serologicals shall complete and deliver to the Shareholder Representative (i) an accounting of the Third Party Revenue, together with a detailed list of the invoices representing such Third Party Revenues reflecting the invoice number, date, customer and amount, and (ii) Serologicals' determination of the payments to be made pursuant to Section 2.d (collectively, the "Final Accounting").

  • Avalanche shall account to Virovek and pay payments due to Virovek with respect to Third Party Revenue owed to Virovek pursuant to Section 3.6 [*] Avalanche will provide a statement specifying the total amount Avalanche received, the deductions from such revenues taken to calculate Third Party Revenue payments due pursuant to Section 3.6, and the net Third Party Revenue payable to Virovek.

  • In resolving all disputed line items and amounts, the Accounting Referee's determination of Third Party Revenue may not exceed the amount of Third Party Revenue set forth on the Dispute Notice and may not be less than the amount of Third Party Revenue set forth on the Final Accounting provided by Serologicals.

  • Bump shall pay Fn(x) the Fn(x) Monthly Fee, which shall be calculated as fifty percent (50%) of the Net Third Party Revenue less (i) the Base Fee and (ii) fifty percent (50%) of the revenue generated on Xxxxxxxx.xxx.

  • Serologicals and the Shareholder Representative shall each submit a binder to the Accounting Referee promptly (and in any event within 20 days after the Accounting Referee's engagement), which binder shall contain such Party's computation of those line items or amounts contained in the Final Accounting about which the parties could not resolve any differences and such Party's calculation of Third Party Revenue.

  • Notwithstanding anything contrary set forth herein, the Serologicals Indemnified Parties shall not make a claim against the Holders for or be entitled to indemnification pursuant to this Agreement for Serologicals Losses to the extent that any such losses have otherwise been taken into account in the calculation of Third Party Revenue or by any other adjustment or decrease of the Merger Consideration pursuant to the provisions of the Merger Agreement or this Agreement.

  • The adjustments do not impact total advertising revenue, but are a reclassification of certain amounts between domestic display and Third Party Revenue.


More Definitions of Third party revenue

Third party revenue means the net revenue of the Business during calendar year 2004, that is attributable to sources other than Serologicals and its Affiliates, and which shall be determined in accordance with the AltaGen Accounting Principles.
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Third party revenue means revenue received from any Third Party Payer. A third party payer includes, but is not limited to, any entity or program that is or may be liable to pay for all or part of the Covered Services expenses incurred by a member, except that funds from other State agencies shall not be considered third party revenue.
Sample 1
Third party revenue means all gross cash amounts and the cash fair market value (determined by independent appraisal) at the time of receipt of all non-cash considerations which are actually received on or before December 31, 2027 by Buyer or any Affiliate of Buyer for:
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Related to Third party revenue

  • Third Party Royalties means any royalties or license fees owing to a Third Party attributable to the manufacture, use or sale of Products and in consideration of a license under any patent which such Product would otherwise infringe.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Third Party Reports With respect to any Mortgaged Property, the related Appraisal, Phase I environmental report, Phase II environmental report, seismic report or property condition report, if any.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Third Party Request means a written request from any third party for disclosure of Personal Data where compliance with such request is required or purported to be required by law or regulation.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sublicense Revenues means all revenue, in whatever form but excluding sublicense royalties, earned by the Licensee in consideration of its granting a Third Party a sublicense to make a Licensed Product including, without limitation, receipt of annual milestone attainment, sublicense issuance, maintenance or up-front payments, or technology access fee; and issuance of securities or real, personal or intangible property.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Eligible revenue means the property tax increment and any

  • Third-Party Release means the release given by each of the Releasing Parties to the Released Parties as set forth in Article VIII.E of the Plan.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Auction Revenue Rights or “ARRs” shall mean the right to receive the revenue from the Financial Transmission Right auction, as further described in Operating Agreement, Schedule 1, section 7.4, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • TIF Revenues means incremental ad valorem taxes generated by the Project which are allocated to and paid to the Authority pursuant to the Act.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • New M&O Revenue means the total State and local Maintenance and Operations Revenue that District actually received for such school year.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.