Examples of Net Revenue in a sentence
Ifficient shall pay (the “Payment”) Company seventy percent (70%) of the Net Revenue.
Within twenty-five (25) days of the end of each calendar month, Ifficient shall calculate and confirm the Net Revenue for the preceding month and pay the applicable amount to Company.
License fees for a given calendar year shall be calculated by multiplying the amount of Net Revenue reported in LICENSEE’s Annual Report for that year by 0.2557% (the “Final Annual Fee”).
School will receive ten percent (10%) of the Net Revenue (“Revenue Share”) attributed to School’s Pixellot System- produced content.
Effective in calendar year 2020 and upon exhaustion of LICENSEE’s 2019 Operational Credit, LICENSEE shall pay provisional license fees on a monthly basis with the provisional license fee for each month equal to one twelfth (1/12th) of the product of 0.2557% and the amount of Net Revenue reported on the most recent Annual Report (“Provisional License Fees”).