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 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: (a) upfront payments in respect of out-licenses of, collaborations, partnerships, co-development or other similar transactions (herein “Transactions”) (i) in respect to the Seller Portfolio, (ii) in respect to Products, (iii) in respect to Seller IP or (iv) for which the Seller Employees are utilized in performing more than a de minimis amount of services; (b) milestone payments in respect of any Transactions (i) in respect to the Seller Portfolio, (ii) in respect to Products, (iii) in respect to Seller IP or (iv) for which the Seller Employees are utilized in performing more than a de minimis amount of services;
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Examples of Third party revenue in a sentence

  • If the SCRBHO, or any other state or federal agency finds discrepancies in the Monthly Billing Invoice or the Quarterly Third Party Revenue Report, the Contractor may be requested to reimburse the SCRBHO in accordance with applicable 2 CFR 200 Uniform Guidance.

  • As shown in the equation below (Partnerships Victoria 24), these are the values used in comparing lease versus buy alternatives: Raw PSC = (Operating Costs – Third Party Revenue) + Capital Cost Operating and Capital costs are those costs associated with the purchase, operation and maintenance of the good or service.

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

  • This information is required in order for the PCA to record provider specific details on Third Party Billing Tracking (APPENDIX A) including whether the distribution of Third Party Revenue is to be an 80/20 split or 0/100 as described above.

  • 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").

  • However, Third Party Revenue Risk is shared between the Government and the private sector.The figure below provides an illustrative framework for the CGF financing model.

  • Passenger Transport Committee 20 February 2018Item 8*For the purposes of calculating the Fare Box Recovery both the Revenue and Third Party Revenue figures are used.**Transport Agency share from 2012-13 to 2014-15 calculated at 50%, 2015-16 calculated at 53%, 2016-17 at 52% and2017-18 at 51%.

  • Period: 1 July to 31 December2017-182018-19Passenger numbers4,1695,051Gross cost ($)55,63359,235Revenue ($)6,1656,121Third party revenue ($)15,00015,000Net cost ($)34,46838,114Transport Agency share ($)**17,57919,438HRC share ($)16,88918,676HRC cost per passenger ($)4.053.70Farebox recovery38%36%*For the purposes of calculating the Fare Box Recovery both the Revenue and Third Party Revenue figures are used.**Transport Agency share: 51% (2017-18 to current).

  • Period: 1 July to 31 December2016-172017-182018-19Passenger numbers12,44717,78722,294Gross cost ($)88,61093,11298,900Revenue ($)14,11510,09211,258Net cost ($)74,49583,02087,642Transport Agency share ($)38,73742,34044,697HRC share ($)35,75840,68042,945HRC cost per passenger ($)2.872.291.93Farebox recovery16%11%11%*For the purposes of calculating the Farebox Recovery, both the Revenue and Third Party Revenue figures are used.**Transport Agency share: 52% (2016-17) and 51% (2017-18 to current).

  • Secondly: there is a strong reason that the action of the pricing agreement is not inconsistent with the interests of the company if it acts on its own.


More Definitions of Third party revenue

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.
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Third party revenue is defined in Section 5.5.
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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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Related to Third party revenue

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • M&O Revenue means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • 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 [***].

  • Third Party Request means a request from a third party for records relating to an End User's use of the Services. Third Party Requests can be a lawful search warrant, court order, subpoena, other valid legal order, or written consent from the End User permitting the disclosure.

  • 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

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

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

  • Sublicense Revenues means [***].

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

  • Project Revenue means all rents, fees, sales, and payments

  • 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.

  • 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.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be 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, with respect to any school year, the total State and local Maintenance and Operations Revenue that the District received, after all adjustments have been made to such Maintenance and Operations Revenue in accordance with the provisions of the Applicable School Finance Law for such school year.

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

  • 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.