Turnover. Turnover shall refer to the amount charged by a Party [and by its sublicensees] to its/the customers for the exploitation of Foreground less any turnover or value added taxes (commissions, discounts, risk premiums, bonuses or annual compensations, payment defaults, etc. cannot be deducted, return deliveries to the licensee cannot be charged).
Appears in 4 contracts
Samples: R&d Cooperation Master Agreement, R+d Cooperation Agreement, R&d Cooperation Master Agreement
Turnover. Turnover shall refer to the amount charged by a Party [and by to its sublicensees] to its/the customers for the exploitation of Foreground less any turnover or value added taxes (commissions, discounts, risk premiums, bonuses or annual compensations, payment defaults, etc. cannot be deducted, return deliveries to the licensee cannot be charged).
Appears in 2 contracts
Samples: R&d Cooperation Master Agreement, R+d Cooperation Agreement
Turnover. Turnover shall refer to the amount charged by a Party [and by to its sublicensees] to its/the customers for the exploitation of Foreground less any turnover or value added taxes (commissions, discountsdis-counts, risk premiums, bonuses or annual compensations, payment defaults, etc. cannot be deducted, return deliveries to the licensee cannot be charged).
Appears in 1 contract
Samples: R+d Cooperation Agreement