Example Definitions of "Receipts"
Receipts. All consideration or compensation of whatever nature (including cash, Equity Securities, and any other non-monetary consideration) actually received by or on behalf of COMPANY from the commercialization of the Assigned Patent Rights (including without limitation through the sale, lease, grant of licenses or other rights under or with respect to, or the assignment of rights in or to, the Assigned Patent Rights, in whole or in part, or with respect to the grant of an option with respect to any of... the foregoing) or from enforcing rights in and to the Assigned Patent Rights; provided that in the case of transactions not at arm's length, Receipts shall be calculated based on the fair market value of such consideration or transaction, assuming an arm's length transaction. View More
Receipts. Means any Rents and any other income received by any Borrower or Manager in connection with the Property.
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