Net Receipts

Net Receipts. With respect to any Product, the aggregate of the Net Sales thereof and Net Licensing Revenues therefrom in excess of the Development Recovery Amount therefor.

Net Receipts. Shall mean with respect to a particular Product all monies actually received by Gizmondo from the license, sale or other exploitation of such Product, after deducting the 2 following (1) any amounts payable to any Wireless Network Operator, Platform owner, including deductions made by the Wireless Network Operator or Device manufacturer; (2) the actual returns attributable to such... Product; and (3) taxes and other governmental charges actually paid or incurred in connection with the sale of such Product (other than the income tax of Gizmondo). For the avoidance of doubt; Gizmondo Net Receipts shall not be deemed to include monies derived or collected from the distribution of the Product to End-Users by any third parties. but shall refer only to those monies actually received by Gizmondo from such third parties after such third parties have retained or withheld any markups, revenue share amounts, or license or other fees due to them pursuant to the terms of Gizmondo's agreements with such third parties. View More

Net Receipts. Means gross monies actually received by Broderbund from the sale or license of the Products less: (a) Cost of Goods (b) taxes, duties, freight, shipping, handling, actual bad debt, and other demonstrable costs incurred by Broderbund not directly attributable to the purchase price of the Products but charged to its customers, and (c) the following credits to the extent Broderbund reimburses these amounts: credits for discounts (including price protection), replacements, returns, refunds, and the... like. Marketing expenses such as MDF, co-operative advertising, promotional materials incurred by Broderbund shall be paid by Broderbund and shall not be included in determining Net Receipts. The terms "sell," "sale," and other similar terms, when used in this Agreement in conjunction with the Products will mean the granting of a license or sublicense and will not be deemed for any purpose to mean a transfer of title or other rights of ownership in any such Products (other than the rights to use, reproduce and distribute as specifically set forth in this Agreement). View More

Net Receipts. Means the actual United States dollar amount actually received by DMG or any of DMG's affiliates less only the following costs and fees incurred in connection with the Masters, (and Option Masters, if any): (a) transaction processing fees, such as credit card transaction fees and other electronic commerce processing, royalties or other fees, payable to or retained by unaffiliated third parties in connection with the Masters, and Option Masters, if any; (b) sales tax, if any; (c) returns and... credits, including, but not limited to, those on account of defective merchandise, errors in billing, and errors in transmission, if any; (d) third party costs and fees incurred by DMG directly in connection with the sale, license or other commercialization of the Masters, and Option Masters, if any, (excluding DMG's overhead and legal fees); and (e) union, guild or other third party fees pertaining to the Masters, and Option Masters, if any, (excluding publishing payments) that may be required by contract or the Copyright Act, if any; and (f) advertising and promotion costs to promote the Masters (and Option Masters , if any) which have been approved in advance by TufAmerica. View More

Net Receipts. The total amounts of money or other consideration received or earned by LICENSEE from all Transfers of Licensed Products, less the following amounts if itemized separately from the Transfer price: tax, duty, tariff, or other governmental charge on the making, having made, use, transportation, or Transfer of the Licensed Products

Net Receipts. The total amount of money or other consideration received or earned by NAI from the sale, lease, rental or other commercial disposition to any third party of Products, less any taxes, duties, tariffs or other governmental charges on the manufacture, use, transportation, sale, lease, rental or other commercial disposition of Products to the extent the same are itemized separately from the price charged by NAI to third parties for the Products.

Net Receipts. The amount of any payment (excluding Value Added Tax), and the value of any non-monetary receipt, obtained by, or due to, Licensee or its Affiliate, in relation to the development or sub-licensing (including the grant of any option over a sub-licence) of any of the Patents and Know-how, and including any of the following: a) up-front, milestone (whether at the stage of development, marketing or otherwise), success, bonus, maintenance and periodic (including annual) payments, royalty and minimum... royalty payments due under any sub-licence agreement; b) payments in respect of the funding of research or development activities related to any Licensed Product, to the extent that such payments exceed a reasonable level of payment for such activities; c) where any sub-licence is to be granted under cross-licensing arrangements, the value of any third party licence obtained under such arrangements; d) any premium paid over the fair market value of shares, options or other securities in respect of any of the share capital of the Licensee or its Affiliate (such fair market value to be determined on the assumption that Licensor had not granted, nor agreed to grant, any rights to the Licensee in respect of any of the Patents and Know-how); e) any loan, guarantee or other financial benefit made or given other than on normal market terms; and any shares, options or other securities obtained from a third party. View More