XXXXXX NET SALES Sample Clauses

XXXXXX NET SALES. Xxxxxx Net Sales shall mean the gross sales revenues received by Hybridon, its Subsidiaries or Sublicensees from the sale of Xxxxxx Products, minus (a) all sales, use, and excise taxes, and customs duties or other charges; (b) transportation and handling charges (including transport insurance) actually incurred and paid by the buyer as part of the purchase price; and (c) amounts repaid or credited by reason of rejections or returns. Sales of a Xxxxxx Product by Hybridon to a Subsidiary of Hybridon for sale by the Subsidiary shall not be considered a sale of Xxxxxx Products hereunder.
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Related to XXXXXX NET SALES

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