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Recovery also includes non-monetary, tangible consideration such as patents or shares of corporate interest. In the event of such Recovery, PDS and Alliacense shall in good faith negotiate, on a case-by-case basis, the appropriate basis for and amount of the Recovery, such as the monetary equivalent or the like and to assign a monetary present value to such non-monetary terms at the time of settlement p.3
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PDS may at times enter into license agreements whereby contingent revenues are recognized as one or more contractual milestones are met.
Is there any correlation here ? If Alliacense is due 15 percent off the top of licenses procured but part of said license is non monetary is the difference accumulating interest until the non monetary portion is monetized? Did Alliacense obtain a loan to help pay Moore up front and use the MMP as collateral?
