Global Sales definition

Global Sales. Sales of Tickets and Vouchers across the BBT cities across the Group;
Global Sales means the gross invoice price by Licensee or its Affiliates or sublicensees, as the case may be, for all Drug Products sold by Licensee or its Affiliates or sublicensees (“Selling Party”), under this Agreement in arm’s length sales to Third Parties less deductions allowed to the Third Party customer by the Selling Party on such sales for: (a) trade, quantity, and cash discounts; (b) credits, billing errors, rebates (including those to
Global Sales means combined gross sales in all countries in all fields for all human and non-human uses of (a) Penn Licensed Products and (b) any product that would have been a Penn Licensed Product at the time of approval in any country for any use, assuming that there were Valid Claims under the Penn Patent Rights in all countries of the world and that Valid Claims never expired, less qualifying costs. Such qualifying costs shall be limited to the following: 1.6.1 Discounts, in amounts customary in the trade, for quantity purchases prompt payments and for wholesalers and distributors. 1.6.2 Credits or refunds, not exceeding the original invoice amount, for claims or returns. 1.6.3 Prepaid outbound transportation expenses and transportation insurance premiums, 1.6.4 Sales and use taxes and other fees, duties, and imports imposed by any governmental agency.” 2) Section 3.1.3 of the License Agreement is hereby amended and restated in its entirety as follows:

Examples of Global Sales in a sentence

  • Intelsat Subsidiary Holding Company S.A. (f/k/a Intelsat Subsidiary Holding Company, Ltd.), Intelsat Holdings LLC, Intelsat LLC, Intelsat Global Sales & Marketing Ltd., Intelsat USA Sales Corp., Intelsat USA License Corp., Intelsat Global Service Corporation and Intelsat UK Financial Services Ltd.

  • During this final stage, candidates speak directly with the Vice President of the Axon Sales Team or with the Executive Vice President of Global Sales for the organization.

  • Notwithstanding the failure of the Company to achieve at least 50% of its Major Market Sales Commitment in any Major Market for such year, if the Company achieves at least 66% of its Global Sales Commitment (as defined in Schedule D of the Distributor Agreement) for such year, then the Products will be deemed to be competitive for the entire Territory for such year.

  • During the Term of this Agreement, DISTRIBUTOR -------------------- shall use its best efforts to achieve minimum Global Sales Commitments and Major Market Sales Commitments as defined and specified in Schedule D.

  • In any part of the Territory outside of the Major Markets, the Products shall be deemed competitive for such part of the Territory for such year if the Company achieves at least 50% of its Global Sales Commitment for such year.

  • The basic principle of this Incentive Plan is that participants have a fixed basic salary plus a variable component of nominal 25% or 30%, depending on the grade (see table) in the Global Sales organization.

  • Plan: The Global Sales Incentive Plan that applies for the specific functions within the Global Sales organization.

  • In this annex, the following definitions shall apply: Sales Employee: Employee who is employed in a specific function within the Global Sales organization and participates in the Plan; Basic salary: this is the annual salary, excluding personal budget and variable salary.

  • Plan: The Global Sales Incentive Plan that applies for the specific functions within Global Sales & Marketing.

  • Employee will continue to perform his regular duties as Senior Vice President of Global Sales for such period as shall be requested by the Chief Executive Officer of the Company (“CEO”).


More Definitions of Global Sales

Global Sales means combined gross sales in all countries in all fields for all human and non-human uses of (a) Penn Licensed Products and (b) any product that would have been a Penn Licensed Product at the time of approval in any country for any use, assuming that there were Valid Claims under the Penn Patent Rights in all countries of the world and that Valid Claims never expired, less qualifying costs. Such qualifying costs shall be limited to the following:
Global Sales means the cumulative Wavecom worldwide Sales of the Licensed Products at the Net Selling Price.

Related to Global Sales

  • Global Security means, with respect to any series of Securities, a Security executed by the Company and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with the Indenture, which shall be registered in the name of the Depositary or its nominee.

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.

  • Global Security Legend means the legend set forth in Section 2.6(g)(2), which is required to be placed on all Global Securities issued under this Indenture.

  • Regulation S Permanent Global Security with respect to any series of Securities, means one or more permanent Global Securities bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.