Gross Sales Revenues definition

Gross Sales Revenues means all revenues or anything of

Gross Sales Revenues means all amounts, including cash, cash equivalents and the fair market value of non-cash consideration, received by Virgin or its Affiliate or sublicensee from any first sale, lease, or other provision, to a third party that is not an Affiliate of Virgin, of Licensed Spacecraft and any related components, supplies, equipment, and spare or replacement parts, and/or for any and all related warranty coverage, insurance or indemnity fees, support, maintenance, technical training, and other similar or dissimilar goods or services provided by Virgin or any of its Affiliates or sublicensees, less: (a) refunds; and (b) applicable value added, sales or other taxes, but not including taxes based on net income or gross receipts of the seller. Where any of the foregoing are sold for less than a current, arm’s-length cash price, or where they are bundled for pricing purposes with other goods, services, barters or other considerations of any sort, the “Gross Sales Revenue” thereof will be deemed for purposes of this Agreement to be no less than the then-current, arm’s-length cash price. Such amounts will be royalty-bearing Gross Sales Revenues whether denominated as a purchase price, rental (i.e., under leasing arrangements), or otherwise, and whether paid in installments over time or in a lump sum, or otherwise. For the avoidance of doubt, any revenue that constitutes Gross Sales Revenue shall not constitute Gross Operating Revenue.

Gross Sales Revenues means all gross revenues actually received by Licensee or any affiliate of Licensee (as such term may be defined under federal securities laws) in respect of all marketing, sales, distribution and exploitation of tangible good from the Program, excluding sales or any other taxes.

Examples of Gross Sales Revenues in a sentence

• Interplay acknowledges and agrees that, subject to SECTION 11.7 of the Agreement and the terms below in this SECTION 1.2 of EXHIBIT A, final projected Gross Sales Revenues at Initial Shipment (the "FINAL GROSS SALES PROJECTION") will be determined *** upon receipt from Interplay of the Approved Gold Master.

• For the purposes of this Agreement, "NET SALES" shall be defined as Gross Sales Revenues from the Partner Product(s), less the General Reserve (as defined in SECTION 3 of this EXHIBIT A).

• Following the Six Month Evaluation, VUG shall at the Three Month Evaluation make a subsequent determination of the projected Gross Sales Revenues at Initial Shipment (the "THREE MONTH GROSS SALES PROJECTION").

• VUG will deduct the following amounts (the "GENERAL RESERVE") against (i) returns, (ii) price protections, and (iii) post-sale markdowns extended by VUG to its customers in the normal course (collectively (i), (ii) and (iii), the "AUTHORIZED DEDUCTIONS") in the amount of *** of Gross Sales Revenues with respect to all Non-PC Partner Products and *** with respect to all PC Partner Products.

• The cost of the Additional Work will be shared by the parties in the same proportion as Gross Sales Revenues are shared in the same approximate proportion to the revenue split pursuant to the Royalty provision.

More Definitions of Gross Sales Revenues

Gross Sales Revenues means all gross revenues (including membership club revenues and fees) actually received by Infotopia or its agent, Rignxx Xxxxxxxx, xxth respect to sales and exploitation on the Product and Upsells in the Territory, by any means and media other than retail, reduced by (i) sales, excise, use or any other non-income taxes (if any of such taxes are included in gross revenues), and actual returns, actual refunds and actual chargebacks. "Costs Per Order" shall mean the media costs incurred in order to sell the Product and related Upsells through the airing of the Infomercial. Infotopia agrees to provide sufficient funding on an on-going basis required to maintain such media minimums for so long as such Sales to Media Ratio is maintained at 2.7/1 or greater, including, without limitation, funding for media, Product units and Upsell units. In the event that (i) Infotopia fails to fund a minimum of Two Hundred Fifty Thousand Dollars ($250,000) in weekly television media to broadcast the Infomercial for any week when the Sales to Media Ratio for the previous week was 2.7/1 or greater or (ii) after February 20, 2001, Infotopia fails to fund an amount equal to Three Hundred Thousand Dollars ($300,000) in television media to broadcast the Infomercial for any week when the Sales to Media Ratio for the previous week was greater than 2.7/1, or (iii) Infotopia fails to purchase 15,000 units of Product per month as required in clause 3(b) above, LM, in addition to any other rights and remedies provided for herein, be permitted to supplement Infotopia's media order with additional media in excess of the limit set forth in Clause 1(d) hereof, in order to increase the broadcast of the Infomercial for LM's own account and to take any and all other actions necessary to increase orders for Products and Upsells relating to LM's own media order for LM's own account, including, without limitation, purchasing Product and Upsell units.

Gross Sales Revenues means the price received by either IDC or PSL directly from the end user or distributor, as the case may be, on the sale of any Developed Packaging System.

Gross Sales Revenues means the total sales revenues in local currency derived by APS from the sale of Systems to Customers sold by DCC, less (a) returns and allowances, and (b) shipping expenses, freight and duty, in accordance with the appointment hereunder.

Gross Sales Revenues means, for any period, the aggregate of all proceeds from sales of Logs sold by Contractor during such period.

Gross Sales Revenues means all gross revenues actually received by TT or its designees on behalf of Infotopia in respect of sales and exploitation of the Product and Upsells by any means and media other than retail, excluding (i) sales, excise, use or any other taxes, and (ii) actual returns, actual refunds and actual chargebacks.

Gross Sales Revenues means the gross invoice price or value of all Program Orders. Late payments will be subject to late fees at the rate of 1.5% per month to cover DoubleClick's costs of collections as well as interest, or, if lower, the maximum rate allowed by law.

Gross Sales Revenues means the total sales of petroleum from the permit during the period for which a royalty return must be provided.