Examples of Bundled transaction in a sentence
Bundled transaction means a transaction that consists of distinct and identifiable properties or services which are sold for a single nonitemized price but which are treated differently for tax purposes.
The Receiving Party shall also return or destroy all other documents containing any portion of the Disclosing Party’s Confidential Information, as well as all notes, summaries, translations, abstracts, and synopses thereof.
The changes are as follows and become effective as noted after each definition: Bundled transaction – (1b).
Bundled transaction does not include the retail sale of food and food ingredients, drugs, over-the-counter drugs, durable medical equipment, mobility enhancing equipment, prosthetic devices, or home medical supplies which are sold for one nonitemized price with taxable property where the seller’s cost or sales price of the exempt items is more than 50% of the seller’s total cost or sales price of the bundle.
Bundled transaction means the retail sale of two or more distinct and identifiable products which are sold for one, nonitemized price.