Common use of Net Sales Clause in Contracts

Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or its Affiliates (but not by Sublicensees or Partners) on all sales of Company Products, less the following items, as applicable to such Company Products:

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

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Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or Licensee, its Affiliates (but not by Sublicensees Affiliates, its Sublicensees, any of their respective affiliates, or Partners) any of them, on all sales of Company Licensed Products, less the following items, as applicable to such Company Licensed Products:

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

Net Sales. The term “Net Sales” shall mean mean, with respect to an HBV Product or an Other Product, the gross amounts amount invoiced by Company and/or Purchaser, its Affiliates Affiliate or licensee (but not by Sublicensees or Partnerseach, a “Selling Party”) on all to third parties for sales of Company Productssuch product, less the following itemsdeductions, as in each case solely to the extent (i) directly applicable to the sales of such Company Products:products, and (ii) actually given, allowed or taken (as applicable):

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vir Biotechnology, Inc.), Securities Purchase Agreement (Vir Biotechnology, Inc.)

Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or Licensee, its Affiliates (but not by Sublicensees Affiliates, its Sublicensees, or Partners) any of them, on all sales of Company Licensed Products, less the following items, as applicable to such Company Licensed Products:

Appears in 2 contracts

Samples: License Agreement (Poniard Pharmaceuticals, Inc.), License Agreement (Poniard Pharmaceuticals, Inc.)

Net Sales. The term “Net Sales” shall mean means the gross total invoiced sales revenue and associated amounts invoiced received, for Products sold (as appropriate) by Company and/or its Affiliates (but not by Sublicensees or Partners) on all sales of Company ProductsPOINT, an Affiliate and Sublicensee(s), less the following items, as applicable to such Company Productsdeductions:

Appears in 2 contracts

Samples: Exclusive License and Commercialization Agreement (Therapeutics Acquisition Corp.), Exclusive License and Commercialization Agreement (Therapeutics Acquisition Corp.)

Net Sales. The term “Net Sales” shall mean the gross amounts amount invoiced by Company and/or Verastem, its Affiliates (but not by Sublicensees and Sublicensees, or Partners) any of them, on all sales of Company ProductsLicensed Products in the country of sale, less the following items, as applicable to such Company Productsless:

Appears in 2 contracts

Samples: License Agreement (Verastem, Inc.), License Agreement (Verastem, Inc.)

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Net Sales. The term “Net Sales” shall mean gross revenues for Product sold by Company, its Affiliates, its or their licensees less Product returns and allowances, in the gross amounts invoiced by Company and/or its Affiliates (but not by Sublicensees or Partners) on all sales of Company Products, less the following items, as applicable to such Company Products:Contract Territory.

Appears in 1 contract

Samples: Agreement (Performance Sports Brands, Inc.)

Net Sales. The term “Net Sales” shall mean the gross amounts total amount invoiced by Company the Company, and/or its Affiliates (but not by Sublicensees or Partners) on all subsidiaries and sublicensees in connection with sales of the Licensed Products to any person or entity that is not a subsidiary or a sublicensee of the Company Productspursuant to this Agreement, less after the deduction of all the following items, as to the extent applicable to such Company Products:sales;

Appears in 1 contract

Samples: Exclusive License Agreement (ChromaDex Corp.)

Net Sales. The term “Net Sales” shall mean means the gross total invoiced sales revenue and associated amounts invoiced received, for Products sold (as appropriate) by Company and/or POINT or its Affiliates (but not by Sublicensees or Partners) on all sales of Company ProductsAffiliates, less the following items, as applicable to such Company Productsdeductions:

Appears in 1 contract

Samples: Exclusive License and Commercialization Agreement (POINT Biopharma Global Inc.)

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