Gross Margin Percentage means the gross margin (expressed as a percentage) achieved by sale of the applicable Product that will be calculated according to the following formula: [***];

Gross Margin Percentage means, as to the Borrower and its Consolidated Subsidiaries and for any period, the quotient of (a) the remainder of (i) Gross Revenue for such period minus (ii) Network Costs, divided by (b) Gross Revenue for such period, expressed as a percentage.

Gross Margin Percentage shall have the meaning set forth in Section 1.9(a) of the Agreement.

Examples of Gross Margin Percentage in a sentence

New Awards Gross Margin Percentage is the total amount of gross margin the Company expects to receive as a result of projects awarded within the Performance Period as a percentage of expected revenue from those projects.
Your VDI Award performance criteria are comprised of two measures: New Awards Gross Margin Dollars and New Awards Gross Margin Percentage (the “Performance Targets”).
New Awards Gross Margin Percentage is the total amount of gross margin the Company expects to receive as a result of projects awarded within each year of the Performance Period as a percentage of expected revenue from those projects.
The decrease in Gross Margin and Gross Margin Percentage is the result of a combination of increased fixed costs related to the addition of PICGO into the group of companies and the carrying of additional operating staff hired to support sales that were delayed or rescheduled into the third and fourth quarters and in some cases next year.
The sum of the Corporate Objectives Percentage and the Gross Margin Percentage shall equal 100%.

More Definitions of Gross Margin Percentage

Gross Margin Percentage means, with respect to the subject accounting period for which it is being calculated, the following (determined in accordance with the cost method of accounting): sales (minus) cost of goods sold x 100 -------------------------------- sales "HAZARDOUS MATERIALS" means (a) substances that are defined or listed in, or otherwise classified pursuant to, any applicable laws or regulations as "hazardous substances," "hazardous materials," "hazardous wastes," "toxic substances," or any other formulation intended to define, list, or classify substances by reason of deleterious properties such as ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, or "EP toxicity", (b) oil, petroleum, or petroleum derived substances, natural gas, natural gas liquids, synthetic gas, drilling fluids, produced waters, and other wastes associated with the exploration, development, or production of crude oil, natural gas, or geothermal resources, (c) any flammable substances or explosives or any radioactive materials, and (d) asbestos in any form or electrical equipment that contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per million.

Gross Margin Percentage is a percentage determined by dividing the Gross Margin Dollars for the Earnout Period by the Revenue for the Earnout Period.

Gross Margin Percentage means (i) for all Reference Cohorts that originated prior to July 1, 2024, [***]%; and

Gross Margin Percentage means, as to any Person and its Consolidated Subsidiaries and for any period, the quotient of (a) the remainder of (i) Gross Revenues for such period minus (ii) Network Costs, divided by (b) Gross Revenues for such period, expressed as a percentage.

Gross Margin Percentage means the Net Sales of Licensed Products less Cost of Goods Sold (which shall include royalties payable pursuant to Section 6.3(a)), divided by the Net Sales of Licensed Products.

Gross Margin Percentage means the difference between sales revenue and the cost of goods sold, divided by sales revenue. It comes from the sales revenue a company retains after incurring direct costs associated with producing the goods it sells and the services it provides. It does not include any other ordinary business expenses incurred by franchisees, including the royalties and brand development fees that you will be required to pay according to the rates outlined in this disclosure document.