Analytica Proceeds Amount

Analytica Proceeds Amount. (a) if the Net Proceeds generated from any Analytica Sale equal or exceed $8,800,000, an amount equal to the sum of (i) the difference between such Net Proceeds and $8,800,000 divided by two (2) and (ii) the difference between the $8,800,000 and the Qualified Payment (as defined in the Assignments of Rights Under Royalty Agreement), if any, actually received by the Assignees and (b) if the Net Proceeds generated from any Analytica Sale is less than $8,800,000, then an amount equal to... difference between $8,800,000 and the Qualified Payment, if any, actually received by the Assignees; provided, however, the value of any Net Proceeds not consisting of cash for which there is not a readily available publicly recorded market value shall be determined by the Assignees in their reasonable discretion based on good faith negotiations with Assignor. View More