RE: RE: RE: RE: Royalty Windy, I think the language int he arrangement reads "net apoAI revenue" that is subject to the royalty. Not sure if "sales" or "profit" is techninically correct. Here is the "net apoAi revenue" definition from the arrangement.
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“Net Apo Revenue” means the aggregate of the following amounts: (i) amounts received by the Corporation or its Affiliates (as defined in the Plan of Arrangement) from any Person who is not the Corporation or its Affiliate (a “third party”) in consideration for granting a license or other rights to the third party which entitle the third party to research, develop, make, manufacture, modify, administer, offer to sell, sell or distribute one or more of the Apo Products and/or Apo Intellectual Property Rights or amounts received under the terms of such license or other right that are granted to the third party; (ii) the gross consideration received from a third party by the Corporation, any Licensee or their respective Affiliates from the sale of any Apo Product (other than consideration received by the Corporation, any Licensee or their respective Affiliates from a Licensee of such Apo Product or its Affiliate); less (A) credits or allowances, if any, actually granted; (B) discounts actually allowed; (C) freight, postage, and insurance charges and additional special packaging charges; and (D) customs duties, and excise sales taxes, duties or other taxes imposed upon and paid with respect to such sales (excluding what is commonly known as income taxes); and (c) amounts received from a third party by the Corporation or its Affiliates in consideration for the sale of any Apo Intellectual Property Right;