Retained Right

Example Definitions of "Retained Right"
Retained Right. Seller's right to receive the Retained Percentage of Brand Net Profit and licensing royalties, as provided in Section 7 hereof; provided, however, that in no event shall the Retained Right entitle Seller to less than $3.00 for each case of Aguila Tequila sold to customers subsequent to the date which is 18 months following the Closing.
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