Annual Gross Sales definition

Annual Gross Sales means the total Gross Sales of all Licensed Products directed (whether solely or jointly with any other Licensed Targets) to a particular Licensed Target in a particular Year or, with respect to the Year that includes the First Commercial Sale, the period beginning on such date of First Commercial Sale through to the end of the Year in which such First Commercial Sale occurred.
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Annual Gross Sales has the meaning provided in Section 4(a)(i)
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Annual Gross Sales means the combined gross income from the operations of Company and any subsidiaries, other than capital gains, determined on a consolidated basis prepared in accordance with generally accepted accounting principles on a consistent basis by the certified public accountants regularly employed by the Company, and their determination shall be binding and conclusive on the parties hereto.
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Examples of Annual Gross Sales in a sentence

  • Failure of Market Vendors to report Annual Gross Sales, as required under this Policy, will result in said Vendor being disqualified to participate in the following Market Season.

  • All Vendors are required to report their Annual Gross Sales by the third Wednesday in November, utilizing the online management software they register with, or via paper format.

  • If Tenant was not liable for Percentage Rental during said 12 month period prior to the name change, then there shall be no adjustment to Tenant's Annual Gross Sales Breakpoint.

  • Entire Annual Gross Sales Turnover including all levies and taxes of manufacturing units handling hazardous substances as defined in the PLI Act 1991.

  • Operating Profit (EBIT) (Earnings before interest and taxes) Annual Gross Sales / sq.

  • All Market Vendors are required to report their Annual Gross Sales by November 15th, immediately following the current Farmers Market Season, utilizing the online management software they register with.

  • Failure of Market Vendors to report Annual Gross Sales, as required under this Policy, will result in said Vendor being disqualifie d to participate in the following Market Season.

  • Landlord and its agents and employees shall have the right at any and all times, during Tenant’s regular business hours, to examine and inspect all of the books, records and accounts of Tenant that relate to the Premises, including sales and other tax returns and reports, pertaining to the business of Tenant, its licensees and concessionaires, conducted in, upon, or from the Premises, only for the purpose of investigating and verifying the accuracy of Monthly and Annual Gross Sales Reports.

  • Annual Gross Sales Expressed as an AUVLicensed Mature Restaurants Type of RestaurantCompany-owned Mature Restaurants: Type of Restaurant Second FPR: SSS% Growth The following graph reflects the average same store sales increases (reflected as a percentage) (“SSS%”) for our company-owned Arby’s Restaurants, licensed Arby’s Restaurants, and the entire network of Arby’s Restaurants in the United States for the periods listed.

  • Complete the following table: Corporate Profile Corporate Name: Corporate Address: Telephone Number: Doing Business Since:Contact Information: Account Representative Account Representative: Email address: Telephone Number: Technical SupportEmail address: Telephone Number:Manufacturer Overview Annual Gross Sales for the last four (4) years: 2008: 2009: 2010: 2012: Provide three (3) customers that have purchased comparable phone systems from your company.


More Definitions of Annual Gross Sales

Annual Gross Sales is defined as the gross revenues (net of discounts, rebates and returns) of Buyer and Buyer's Affiliates (as defined below) from sales of products that are a result of or derived from the technology which is part of the eVS Business, earned in the 12 month period commencing on January 1, 1999, and each 12 month period thereafter (each such period, a "Calendar Year").
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Annual Gross Sales means comprehensively (during a given fiscal year) the total amount of the actual selling price of the totality of the goods sold and the services rendered by a business carried on by the Borrower or the Guarantor, regardless of the place where these goods and services are sold, notably the following amounts: (i) the amounts received by the Borrower or the Guarantor, as applicable, in consideration of the sale of goods, articles and merchandise; (ii) the amounts received by the Borrower or the Guarantor, as applicable, in consideration of services rendered; (iii) the amounts received by the Borrower or the Guarantor, as applicable, in consideration of the sale or leasing of any property (including intellectual property) of the Borrower or the Guarantor, as applicable, or other persons or the granting of a license in respect of any such property; (iv) all the amounts received and receivable, whatever they may be; (v) all the proceeds, if applicable, from insurance against operating losses and the insurance proceeds received in respect of a business of the Borrower or the Guarantor, as applicable. In each case, regardless of whether these sales or these amounts received are certified by a cheque, cash, a credit, a charge account, instruments or otherwise, without any deduction permitted for bank charges, bad debt accounts, remuneration of a collection agency or bad debts; however, the term “annual gross sales” does not include: (i) the amount of retail sales taxes or goods and services taxes imposed by a government authority directly on sales and collected from customers at the point of sale by the Borrower or the Guarantor, as applicable, acting as a representative of this authority, on condition that the amount of these taxes is added to the selling price, that it is not part of the indicated price of the article or the service and that it is actually paid by the seller to that authority; (ii) the refunds granted in consideration of merchandise sold to the Borrower or the Guarantor, as applicable, to the extent that the Borrower or the Guarantor, as applicable, price of this merchandise had already been included in the annual gross sales; (iii) any refund on merchandise obtained from suppliers and manufacturers.
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Annual Gross Sales means comprehensively (during a given financial year) the total amount of the actual selling price of the totality of the goods sold and the services rendered by a business carried on by all the companies whose annual gross sales are used for the purposes of this calculation (the “seller”) regardless of the place where the goods and services are sold, notably the following amounts:
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Annual Gross Sales means: the aggregate of those sales made upon and from the Premises during the subject Lease Year for all items sold to customers in the operation of Tenant's business, such sales to include the entire amount of the price charged, whether wholly or partially in cash or on credit with deduction being allowed for uncollected or uncollectible credit. "Annual Gross Sales" shall not include (i) the amount of any sales, use or gross receipts taxes collected from customers, (ii) receipts from the sale of meals to employees of the restaurant, sold to them in the course of their employment, (iii) any service charges made and collected by Tenant and turned over to Tenant's employees in lieu of such employees receiving tips or gratuities from Tenant's customers, (iv) proceeds from the sale of any of Tenant's trade fixtures or equipment, (v) returned pie tin deposits, (vi) receipts for product made on the Premises and transferred to another Xxxxx Xxxxxxxxx outlet, (vii) receipts from pay telephone, cigarette and other vending machines provided such do not occupy more than 50 square feet of floor area within the Building, (viii) refunds or credits made by Tenant for returned merchandise, provided the sale of such merchandise was previously included by Tenant in the Annual Gross Sales, (ix) non-food promotional items sold at no profit by Tenant, (x) credit card service charges, or (xi) the proceeds of the sale of any franchise to operate the business on the Premises, and all fees, charges, or rents charged to or received from any such franchise.
Sample 1
Annual Gross Sales shall not include (i) the amount of any sales, use or gross receipts taxes collected from customers, (ii) receipts from the sale of meals to employees of the restaurant, sold to them in the course of their employment, (iii) any service charges made and collected by Tenant and turned over to Tenant's employees in lieu of such employees receiving tips or gratuities from Tenant's customers, (iv) proceeds from the sale of any of Tenant's trade fixtures or equipment, (v) returned pie tin deposits, (vi) receipts for product made on the Premises and transferred to another Xxxxx Xxxxxxxxx outlet, (vii) receipts from pay telephone, cigarette and other vending machines provided such do not occupy more than 50 square feet of floor area within the Building, (viii) refunds or credits made by Tenant for returned merchandise, provided the sale of such merchandise was previously included by Tenant in the Annual Gross Sales, (ix) non-food promotional items sold at no profit by Tenant, (x) credit card service charges, or (xi) the proceeds of the sale of any franchise to operate the business on the Premises, and all fees, charges, or rents charged to or received from any such franchise.
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Related to Annual Gross Sales

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Adjusted Gross Sales means for either party distributing and selling Product (in this Section the “Selling Party”):

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Net Sales means [***].

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Net Revenues means revenues less related expenses, including

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Gross Profits means the gross profits calculated under section 4;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.