Average Unit Selling Price definition

Average Unit Selling Price means Net Sales for a period divided by the number of Units of Product shipped by ABBOTT and its Affiliates in the Territory for the same period, less returned goods, inventory outdates, recalls and/or withdrawals of Product.
Average Unit Selling Price means, on a Country-by-Country basis, Net Sales (as defined below) for a time period divided by the number of Units of Product shipped by ABBOTT Affiliates or sublicensees to Third Parties (as defined below) in the Territory for the same period, less returned goods, inventory outdates and damage, samples, free goods, recalls and/or withdrawals of Product ("Net Units Shipped").
Average Unit Selling Price shall be calculated as follows: AUSP = X / Y, where AUSP is the Average Unit Selling Price; X is aggregate Adjusted Gross Sales in the Major Market Countries for a particular year; and Y is the total milligrams of solid formulation MMF sold in the Major Market Countries for such year and comprising such Net Sales. The calculations of both X and Y include all formulations of the Product other than CellCept(R) Intravenous.

Examples of Average Unit Selling Price in a sentence

  • On an annual basis thereafter, Roche shall calculate the increase or decrease in the Average Unit Selling Price from the prior twelve month period, and the Parties shall adjust Baseline Residual Sales upward or downward, as the case may be, by that same percentage.

  • On or before January 31st of each year, Roche shall provide to Aspreva a report listing (i) such increase or decrease in the Average Unit Selling Price and (ii) the new Baseline Residual Sales figure for the then-current year, both calculated pursuant to this Section 8.7(a).

  • Commencing January 2004, Roche shall calculate the Average Unit Selling Price and communicate same to Aspreva in writing.

  • The Average Unit Selling Price shall be computed by translating the sales in local currency into United States dollars at the average exchange rate published in International Financial Statistics by the International Monetary Fund for the month ending the Royalty Quarter.