Definition of Net Revenues. As used in this Agreement, the term “net revenues” shall mean and include the actual gross charges for all products and services of any kind or nature sold in connection with the Tully’s Business Names or Trademarks, for cash or credit, whether such purchases are made in, upon, or from the premises of any Licensee Tully’s Store, or through or by means of the business conducted therein or otherwise by Licensee or any sublicensee thereof, but excluding sales, use, service, or excise taxes collected from customers and paid to the appropriate taxing authority.
Definition of Net Revenues. For purposes of this agreement Net Revenues shall mean the consolidated gross sales value from all products, services, royalty agreements, patent agreement, license agreements, trademark agreements, management service agreements and all other sources of revenue as defined by generally accepted accounting principals from TASKER anx xxx affiliates, subsidiaries, and all other legal entities to which TASKER hax xx xquity interest LESS any discounts, allowances, returns and all other sources of deductions from revenue as defined by generally accepted accounting principals.
Definition of Net Revenues. As used in this Agreement, the term "Net Revenues" shall mean the total aggregate of all monies and receipts received by Franchisee and derived from (i) all services performed and the rental of rooms/apartments by tenants/residents residing at the Residence licensed hereunder, (ii) entrance, and community, other fees charged/assessed to any resident/tenant, (iii) vending and laundry machine income, (iv) all proceeds received by Franchisee from the payment of claims made under any policy of business, (v) all other business whatsoever conducted or transacted at or from the Premises, and whether the Net Revenues are evidenced by cash, credit, check, services, property or other means of exchange. Provided further, Net Revenues shall also be deemed to mean the total aggregate of all monies and receipts received by Franchisee from any other business operated upon or from the Premises. However, there shall be excluded from Net Revenues (i) all sales and use taxes (if any) imposed by governmental authorities directly on rental or sales and actually collected from residents, provided such taxes are added to the selling price and are, in fact, paid by Franchisee to the appropriate governmental authority and (ii) refundable deposits to the extent such funds are actually refunded to resident/tenant (in which event, the refund[s] shall be deducted from Net Revenues in the month the refund is actually remitted), and (iii) all funds collected from tenants for payment to beauticians, vendors, and other third party contractors to the extent that Franchisee realizes no revenue therefrom. Net Revenues shall be deemed to be realized by Franchisee at the earlier of the time of the sale or delivery of the services, or the time when Franchisee actually receives payment, whether partial or full, therefor. Net Revenues consisting of property or services shall be valued at their fair market value at the time such property or services were received by or for the account of Franchisee. 6.04
Definition of Net Revenues. For the purposes of this Agreement,"Net Revenues" shall mean the gross collections by HSND from all sales of Product and Ancillary Products, less the following costs which shall be made available in a report.
Definition of Net Revenues. The term "
Definition of Net Revenues. For purposes of this Private Label Communications Wholesaler Agreement, the term "net revenues" shall mean the actual dollar amounts received by the Company for Services from Wholesaler's Customers, exclusive of all sales, use, value-added or other taxes, trade or other discounts, rebates, returns and allowances, warranty claims, insurance and service charges, and charges for customer training. Commissions shall be subject to adjustment with respect to any amounts returned or rebated by its Company to any of Wholesaler's Customers due to their cancellation of or dissatisfaction with the Services or due to warranty claims or any errors in xxxxxxxx or otherwise and, as between the Company and Wholesaler, the Company shall be entitled, in its discretion, to determine the amounts and circumstances under which it will return such amounts or pay such rebates to such Customers. Such adjustments to commissions as provided herein may be made in the month in which the adjustment occurs and, in the event the adjustment occurs after commissions have been paid on the pre-adjusted net revenues, the Company shall be entitled to credit the amount of that adjustment against commissions that the Wholesaler would otherwise be entitled (whether generated from Services rendered to that same Customer or other of Wholesaler's Customers). In the alternative, Company may xxxx Wholesaler for such adjustment, in which case such adjustment shall be due and payable by Wholesaler to the Company thirty (30) days thereafter. EXHIBIT C PRICES, INITIAL SETUP FEE AND ON-GOING SUPPORT The table below shows the agreed upon retail price, wholesale price, and commissions for Wildgate Unified communications Services provided n a result of this agreement.
