Gross Sales Proceeds definition

Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

Gross Sales Proceeds with respect to each sale of Shares shall be the gross sales price per Share multiplied by the number of Shares sold. The gross sales price with respect to each sale of Shares sold pursuant to the Agreement shall be the gross sales price per Share of such Shares.

Gross Sales Proceeds means all compensations received by Licensee for the sale or other transfer of any product manufactured by using the Licensed Technology or any improved version of the Licensed Technology. If, however, any sale or other transfer is made for less than fair market value, the gross sales proceeds of such sale or transfer shall be deemed to be the fair market value of the product sold or transferred.

Examples of Gross Sales Proceeds in a sentence

• The Distributor may pay the Agent Compensation to the Agent, or may authorize the Agent to retain the Agent Compensation from the Gross Sales Proceeds.

• The compensation to the Distributor, as manager of registered at-the-market offerings by the Fund, for each sale of the Shares pursuant to this Section 1, before any fees imposed by any governmental or self-regulatory organization on the Fund or the Distributor in respect of such sales, shall be the Distributor Retention with respect to the Shares sold, multiplied by the Gross Sales Proceeds, as further described in the Addendum to this Agreement.

• On each Settlement Date, the Shares sold through the Agent for settlement on such date shall be delivered by the Fund at the request of the Distributor to the Agent against payment of (i) the Gross Sales Proceeds for the sale of such Shares or (ii) to the extent authorized by the Distributor, the Gross Sales Proceeds, less the Related Compensation.

• If the Agent is authorized by the Distributor to retain the Agent Compensation from the Gross Sales Proceeds for the sale of the Shares, then the Agent shall (i) pay to the Distributor an amount equal to the Related Compensation minus the Agent Compensation in same day funds delivered to the account(s) designated by the Distributor and (ii) remit to the Fund the Gross Sales Proceeds, less the Related Compensation.

• On each Settlement Date, the Shares sold through the Agent for settlement on such date shall be delivered by the Distributor to the Agent against payment of the Gross Sales Proceeds for the sale of such Shares.

More Definitions of Gross Sales Proceeds

Gross Sales Proceeds means, with respect to the sale of a Release Parcel or Lot, the aggregate amount payable to or for the benefit of the seller thereof under the Bona Fide Contract for the sale of such Release Parcel or Lot, including the purchase price set forth in such Bona Fide Contract and all other amounts paid to discharge obligations of Seller or otherwise for the account or benefit of, or at the direction of, seller and not credited to such purchase price.

Gross Sales Proceeds means Net Sales Proceeds plus all Remarketing Sale Expenses.

Gross Sales Proceeds means the actual gross proceeds received by Essential from third parties in the manufacturing, distribution, sale, licensing, franchising or exploitation of the Technology less any administrative costs, direct costs or marketing costs or deductions in regard thereto; and

Gross Sales Proceeds means all monies and all other consideration (e.g., stock or “in-kind” property) received by Jingfeng, its Affiliates, or Sublicensees from the sale of Licensed Products, notwithstanding sums actually paid or credited thereby such as: (i) sales, value added, use or other taxes directly imposed with reference to particular sales; (ii) amounts allowed or credited on returns (not in excess of the selling price of such Licensed Product) on account of rejection, recalls or failure of the Licensed Product; or (iii) amounts allowed as customary chargeback payments and rebates. Gross Sales Proceeds shall be calculated in accordance with generally accepted international financial reporting standards or Chinese GAAP, whichever is adopted by Jingfeng in its accounting system.

Gross Sales Proceeds means the gross purchase price payable (including deposits as and when released, for example release of the Bosa Development Corporation deposit of ***) to Owner (whether (i) as the seller under a Sale Agreement or an Option Agreement entered into by Owner and a Third Party Purchaser after the Closing Date, or (ii) as the assignee of a Seller’s rights under an Assumed Purchase Agreement) in connection with the Sale of a Property, a Phase within a Property before deducting closing costs, broker’s commissions or any other amount, charge or fee.

Gross Sales Proceeds means, with respect to any Unit, the value of all consideration received by Mortgage Borrower in connection with the sale of such Unit, including cash, notes, assumed indebtedness, deferred payments (contingent or otherwise), prepaid expenses and non-customary pro-rations in favor of Mortgage Borrower.

Gross Sales Proceeds means the gross proceeds from any sale of the Facility pursuant to the Remarketing Option.