Average Selling Price definition
Average Selling Price means the total amount, in dollars (based upon the first sale to arms-length customers), for a device, sensor, accessory or other product divided by the number of devices, sensors, accessories or other products sold during the relevant period, or quarterly if not otherwise stated, on a product-by-product basis.
Average Selling Price means, with respect to each Product, the price per Unit of Product determined for a given Sales Year or Residual Year by dividing the Net Sales of such Product for such year by the Net Units of such Product for such year.
Average Selling Price means the Net Sales of any given Product divided by the total number of units of that Product shipped (excluding non-revenue units, such as samples) and invoiced by Abbott or its Affiliates to Customers.
Examples of Average Selling Price in a sentence
The Actual Average Selling Price shall be the basis for establishing the final Transfer Price.
LABS shall pay to MASIMO royalties in the amount of ten percent (10%) of SpO2 sensor or accessory value of LABS’ Average Selling Price of sensors or accessories that measure ▇▇▇▇▇ ▇▇▇▇▇ Parameters for use in LABS Licensed Devices or Stand Alone Devices.
Such negotiations shall take into consideration the Manufacturer's Average Selling Price of such product, the Licensed Patents covering such product and the royalty rates and terms contained herein.
LABS shall also include in the accounting sufficient information regarding LABS Average Selling Price to permit MASIMO to verify margin splits, if such splits are elected.
Price, and (ii) the sum of (a) SpectRx's Disposable Costs to manufacture the Disposables or Accessory in question and (b) [*] of Healthdyne's Average Selling Price for Disposables and Accessories.
More Definitions of Average Selling Price
Average Selling Price means the weighted average selling price, based on the invoice price less discounts, of Licensee Products that include Licensed Technology, sold by Licensee during the applicable calendar quarter.
Average Selling Price means, for each Albunex Product which is sold during any calendar quarter, the quotient obtained by dividing (i) the Net Sales of that Albunex Product during the quarter by (ii) the number of vials of that Albunex Product shipped to purchasers during the quarter (including vials given away in order to provide a discounted purchase price and vials distributed as samples, but not including vials shipped at no charge for preclinical and clinical trials). The Average Selling Price for each Albunex Product which is labeled in a manner that permits vials of that product to be sold in more than one country shall be determined on a sales-weighted basis by taking into account the aggregate Net Sales of that Albunex Product in all such countries during the quarter (i.e., the Average Selling Price shall not be determined by averaging the Average Selling Price for each such country).
Average Selling Price means the average of net revenue actually received by ▇▇▇▇▇▇ ▇▇▇▇▇▇ from end users on sales of such RF generators in each calendar quarter during the term of this Agreement. As used in the previous sentence, "net revenue" shall equal the total gross revenue, less credits or allowances on account of rejections of RF generators previously sold upon which a royalty has already been made to Somnus. In the event that ▇▇▇▇▇▇ ▇▇▇▇▇▇ places such RF generators with end users at no cost, ▇▇▇▇▇▇ ▇▇▇▇▇▇ shall pay Somnus a royalty based on the average selling price of [*] per unit.
Average Selling Price means with respect to a Product for any period, (A) the gross sales (number of units shipped times the invoiced price per unit) by Cadista, its distributors or sublicensees, for such period less accruals for expected rebates and retroactive price reductions for Product shipped during such period and any applicable prior periods, divided by (B) the number of units of Product shipped by Cadista for such period.
Average Selling Price means on a Product-by-Product and month-by-month basis, the average selling price for Accepted Orders of such Product to Qualified Customers during such month.
Average Selling Price means the gross sales revenue, less product return credits and pricing adjustments, divided by net units sold.
Average Selling Price means the Net Sales, booked by BSC or its Affiliates, in accordance with generally accepted accounting principles as utilized by BSC in preparing its publicly reported financial statements, during the preceding six (6) months, divided by the number of units of the Final Product shipped during the preceding six (6) months. Sales and expense data not in US Dollars shall be converted into US Dollars using the applicable exchange rate for converting such local currency rate to the US Dollar as follows: