Royalty-Based Revenue

Royalty-Based Revenue. Shall be set forth in Exhibit D hereto.

Royalty-Based Revenue. Means any gross revenue, derived in any way by Scanbuy in the Field of Use and in the Territory (as defined in Section 1.5) in connection with or relating to a user located in the Territory using a mobile device to scan a machine readable code, including without limitation advertising revenues, transactional revenue generated by barcode reading, in-kind payments, non-monetary consideration (valued at market value), clearing-house revenue, service fees, and includes all action oriented revenue,... for example but not limited to content download and click to subscribe. For the avoidance of doubt, Royalty-Based Revenue does not include any revenue generated by Scanbuy in connection with or relating to users using a mobile device to scan a machine readable code while that user is located outside the Territory, for which such use is not in any way covered by the license herein View More