Common use of Net Sales Clause in Contracts

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

Appears in 1 contract

Samples: Exclusive License Agreement (ChromaDex Corp.)

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Net Sales. The term “Net Sales” shall mean the gross amounts amount invoiced by Licensee, its Affiliates, its Sublicensees, any of their respective affiliatesor sublicensee, or any of them, them on all sales of Licensed Products, Licensed Processes and Licensed Services less the following items(a) discounts, as applicable to such Licensed Products:chargebacks and rebates actually allowed, whether in cash or trade; (b) credits for claims, allowances, retroactive price reductions or returned goods;

Appears in 1 contract

Samples: License Agreement (Repligen Corp)

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