PREVIOUS SALES BY VENDOR Sample Clauses

PREVIOUS SALES BY VENDOR. With respect to each the Hotels listed on Exhibit 3.7, HII will reimburse the Hotel for the cost of certain equipment and training fees and, in consideration therefor, will pay to such Hotel an amount equal to the sum of (i) the purchase price paid to Vendor for that equipment sold to such Hotel by Vendor which HII determines to comprise a Basic PMS System for such Hotel, (ii) the amount of the license fees charged by Vendor for the use of all items of computer software included within the Basic PMS System, and (iii) the reasonable charges of Vendor for the installation, implementation and training associated with each of the foregoing (excluding travel, lodging and related out-of-pocket expenses of trainers, implementation consultants and Hotel personnel). HII shall notify Vendor of each payment to the aforementioned Hotels and Vendor shall rebate to HII an amount equal to the fees received by Vendor from such Hotels for front office software, standard interfaces and DB/C licenses by crediting to HII such amount against the final amount due Vendor from HII as set forth in Exhibit 3.2.1. In the event a Hotel does not accept an amendment or novation to Vendor's existing agreement(s) with the Hotel to conform to the arrangements contemplated by this Agreement (including Sections 3.2.2 and 3.5 hereof), then Vendor shall so notify HII and HII shall not make any payments as described in this Section to such Hotel and in which case, Vendor shall have no obligation to make any rebates to HII, unless and until such Hotel does execute such amendment or new agreement and HII authorizes such payment.
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Related to PREVIOUS SALES BY VENDOR

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • Xxxxx Purchases The Company acknowledges and agrees that Xxxxx has informed the Company that Xxxxx may, to the extent permitted under the Securities Act and the Exchange Act, purchase and sell shares of Common Stock for its own account while this Agreement is in effect, provided, that (i) no such purchase or sales shall take place while a Placement Notice is in effect (except to the extent Xxxxx may engage in sales of Placement Shares purchased or deemed purchased from the Company as a “riskless principal” or in a similar capacity) and (ii) the Company shall not be deemed to have authorized or consented to any such purchases or sales by Xxxxx.

  • Excess Sales If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s Original Underwriting Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will not be attributed to such Underwriter, and such Underwriter will be regarded as having acted only as a Dealer with respect to, and will receive only the concession to Dealers on, such excess.

  • Royalties on Net Sales Novo will pay to Neose royalties as a percentage of annual Net Sales of each New Product during the Term at the applicable rates set forth in this Section 4.1 and in accordance with this Section 4:

  • Sublicense Revenue In the event Licensee or an Affiliate of Licensee sublicenses under Section 2.2, Licensee shall pay CareFusion **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of any Sublicense Revenues resulting from sublicense agreements executed by Licensee.

  • Net Sales The term “

  • Sales, Etc of Assets. Sell, lease, transfer or otherwise dispose of, or permit any of its Subsidiaries to sell, lease, transfer or otherwise dispose of, any assets, or grant any option or other right to purchase, lease or otherwise acquire any assets, except:

  • PAYMENT OF THE DISTRIBUTOR UNDER THE PLAN 8.1 The Fund shall pay to the Distributor as compensation for services under any Plans adopted by the Fund and this Agreement a distribution and service fee with respect to the Fund's classes and/or series of Shares as described in each of the Fund's respective Plans and this Agreement.

  • Purchases of Portfolio Shares for Sale to Customers (a) In offering and selling Portfolio shares to your customers, you agree to act as dealer for your own account; you are not authorized to act as agent for us or for any Portfolio.

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