Consolidated Net Sales definition

Consolidated Net Sales means, for any period, the net sales of the Company and the Subsidiaries for such period, as reported as a line item in the Company's income statements as filed with the Company's Form 10-Q Report or Form 10-K Report, as applicable.

Consolidated Net Sales means, for any fiscal year or any Test Period, as the case may be, “net sales” of Holdings, the Borrower and the Restricted Subsidiaries as set forth in the Section 9.1 Financials with respect to such Test Period or fiscal year, as applicable.

Consolidated Net Sales means, for any period, for the Company and its consolidated Subsidiaries computed on a consolidated basis in accordance with GAAP and in substantially the same manner as used in the preparation of the Audited Financial Statements, net sales of the Company and its Subsidiaries as stated in the income statement of the Company and its consolidated Subsidiaries.

Examples of Consolidated Net Sales in a sentence

• Notwithstanding anything to the contrary contained herein, all calculations of Consolidated Net Sales and Consolidated Revenues shall be made on a Pro Forma Basis with respect to all Specified Transactions occurring during the applicable four quarter period to which such calculation relates.

• The Company will not, nor will it permit any Subsidiary to, sell or otherwise dispose of any Receivables, with or without recourse, except that the Company and the Subsidiaries may sell, transfer or pledge Receivables, provided, that the aggregate Dollar Amount of Receivables sold, transferred or pledged, net of amounts of such Receivables collected, does not exceed in the aggregate five percent (5%) of Consolidated Net Sales at any one time outstanding.

• Thousands of Yen) Segments HS ES ERD Total Elimination or Group Consolidated Net Sales: (1)Sales to customers .

• Consolidated Net Sales and Operating Income by Segment] (Unit: JPY millions) Segment Net sales InfrastructureWith respect to Communications Solutions business, our subsidiaries in North America strived to improve the productivity at optical fiber cable plants, and expand sales of high-value added products, including specialty fibers; South America saw an increase in sales of products for the FTTH and LAN solutions market; and Japan saw strong sales of network products.

• In the case of the First Delayed Draw Notes, Consolidated Net Sales for the fiscal quarter ended December 31, 2019 shall have been at least $9,000,000, and the Purchasers shall have received on or before the date of delivery of a valid Notice of Issuance pursuant to Section 5.03(d), a certificate signed by a Responsible Officer of Parent certifying as to the Consolidated Net Sales for such fiscal period and the satisfaction of the conditions specified in this Section 5.03(a).

More Definitions of Consolidated Net Sales

Consolidated Net Sales means all product and supply sales and rentals, facilities management revenues and service income (net of returns and allowances and excluding financial income) shown on a consolidated income statement of the Company and its Subsidiaries, prepared in accordance with Agreement Accounting Principles.

Consolidated Net Sales means, solely with respect to XHANCE as of any date of determination, (a) the “net sales” (or substantially similar term) of Parent and its Subsidiaries of such Product for the period in question occurring either prior to or after such date, as the context dictates, determined on a consolidated basis in accordance with GAAP as set forth in Parent’s financial statements or as otherwise evidenced in a manner reasonably satisfactory to the Required Purchasers, plus (b) sales-based royalty payments received by the Note Parties from a Permitted License of XHANCE (excluding, for purposes of clarity, any (i) upfront or milestone payments received by any Note Party therefrom, (ii) advancements, payments or reimbursements of expenses of any Note Party relating thereto, and (iii) any other non-sales based revenue or proceeds received by the Note Parties therefrom).

Consolidated Net Sales means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, net sales of any Product to Third Parties (including through Manufacturing and Supply Agreements) in the United States for such period, as determined and reported in accordance with GAAP; provided, that, “Consolidated Net Sales” shall exclude the net sales generated by any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of the income resulting from such net sales is not at the time permitted by operation of the terms of its Organization Documents or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary. Notwithstanding the foregoing, if any Product is sold together with other goods in any transaction without a separate price for such Product, the Consolidated Net Sales applicable to the quantity of such Product sold in such transaction shall be deemed to be the average Consolidated Net Sales for such quantity of such Product for all sales of such Product to Third Parties in the United States (excluding, for the avoidance of doubt, sales of such Product made pursuant to any transaction where such Product is sold together with other goods without a separate price for such Product) during the calendar quarter in which such transaction occurs. For the avoidance of doubt, “Consolidated Net Sales” excludes any amounts invoiced or received in connection with any transfers of any Product between the Borrower and its Subsidiaries.

Consolidated Net Sales means the consolidated sales of the Companies for the fiscal years ending 2016, 2017 and 2018, as audited by KPMG.

Consolidated Net Sales means the consolidated net sales of Rockwell Automation as reported to Rockwell from time to time in accordance with Rockwell's internal reporting policies and procedures.

Consolidated Net Sales means, for any period, the consolidated total net sales of the Borrower and its Consolidated Subsidiaries for such period.

Consolidated Net Sales means, for any period, for the Company and its consolidated Subsidiaries computed on a consolidated basis in accordance with GAAP and in substantially the same manner as used in the preparation of the Audited Financial Statements, net sales of the Company and its Subsidiaries as stated in the income statement of the Company and its consolidated Subsidiaries. “Consolidated Net Worth” means the total shareholders’ equity of the Company and its consolidated Subsidiaries, calculated in accordance with GAAP and reflected on the most recent balance sheet of the Company. “Contractual Obligation” means, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other written undertaking to which such Person is a party or by which it or any of its property is bound. “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. “Covered Entity” means any of the following: (a) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b); (b) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or (c) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b). “Covered Party” has the meaning specified in Section 11.28. “Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension.