Gross Selling Price definition

Gross Selling Price means the aggregate amount a purchaser is obligated to pay for interment rights, exclusive of finance charges.

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Gross Selling Price means the gross price at which an active ingredient is sold to a Third Party, before discounts, deductions, credits, taxes or allowances.

Gross Selling Price means the gross amount invoiced to the Customer by the Contractor exclusive of VAT.

Examples of Gross Selling Price in a sentence

All Gross Selling Prices of the therapeutically active ingredients in the Combination Product shall be calculated as the average Gross Selling Price of the therapeutically active ingredients in such Combination Products during the applicable Payment Period for which the Net Sales are being calculated.
Any sales or transfers of Licensed Products made by Licensee to any person or entity that does not deal at arm’s length with the Licensee, shall be computed, for the purpose of determining Gross Selling Price, at an amount equal to the regular sales price at which Licensee would have invoiced or charged purchasers which deal at arm’s length with the Licensee.
Licensee shall pay to the Licensor a continuing royalty in respect of each of the Licensed Products, in amounts calculated by multiplying the royalty rates as set forth in the Agreement and the Gross Selling Price of the Licensed Products respectively, sold or otherwise disposed of by the Licensee under this Agreement.
Sublessee shall pay to Sublessor an overriding royalty (“Overriding Royalty”), in addition to Production Royalty, for each ton of Subleased Coal mined and removed from the Subleased Premises, and sold, in the amount equal to the difference between (i) the greater of $5.00 per ton or seven percent (7.0%) of Gross Selling Price, as defined in the Base Lease, minus (ii) the Production Royalty payable with respect to such Subleased Coal.
For all tonnage mined from the Leased Premises in excess of the 8,000,000 clean tons from the No. 6 Seams referred to above in any calendar year, the royalty shall be the greater of 5% of the Gross Selling Price of the coal or $1.50 per clean ton.

More Definitions of Gross Selling Price

Gross Selling Price means the weighted average gross price at which a product is sold to a Third Party, before discounts, deductions, credits, taxes or allowances; Gross Selling Price shall not take into consideration the price for any product sold or used for development purposes (including for clinical trials) or as samples or free goods (including product transferred in connection with patient assistance programs or other charitable purposes).

Gross Selling Price means, with respect to any Unit, the base sales price for such Unit plus any lot premium, plus any options, extras and/or upgrades ordered from the Borrower, whether financed or collected at the close of the escrow, less any builder concessions given by the Borrower.

Gross Selling Price shall for the purpose of this Agreement mean the invoice price for Licensed Products sold by the Company during the term of this Agreement, such price not to include normal discounts actually granted, insurance fees and packing and transportation charges as invoiced separately to customers, and duties and sales taxes actually incurred and paid by the Company in connection with delivery of such Licensed Products.

Gross Selling Price means, on a country-by-country basis, the actual, bona fide gross selling price, before term discounts, at which MIA or its Affiliate (or a Related Sub- Distributor, if applicable) sells or otherwise markets Product, including Product components and Product accessories, to sub-distributors and to end users in such country; provided, however, that the Gross Selling Price for transfers from MIA to a Related Sub-Distributor shall be the greater of (i) the actual, bona fide gross selling price, before discounts, by such Related Sub-Distributor to an unaffiliated third party, or (ii) the fair market value, based on arms-length sales, of Product, including Product components and Product accessories. If ▇▇▇ ▇▇▇▇▇ the Product at more than one gross selling price in a given country within the Territory, the Gross Selling Price in such country with respect to Product shall mean the total revenue at such bona fide gross selling prices, in the relevant Sales Quarterly accounting period, divided by the number of Products sold in that period in such country. No Gross Selling Price shall be assessed on units of Product transferred free of charge by MIA to sub-distributors solely for use for marketing purposes and not for resale. The Gross Selling Price for Product sold in combination or bundled with other products shall be determined on a country-by-country basis as follows: (a) If the Product and each of the other products in the combination or bundle are sold separately in such country, the Gross Selling Price shall be calculated by multiplying the gross selling price of the combination or bundle by the fraction A/(A+B) where A is the average Gross Selling Price of Product when sold separately, and B is the gross selling price of the other product(s) in the combination or bundle. (b) If each of the other products in the combination or bundle are not sold separately in such country, but the Product is sold separately in such country, the Gross Selling Price shall be calculated by multiplying the gross selling price of the combination or bundle by the fraction A/C where A is the Gross Selling Price of the Product when sold separately, and C is the gross selling price of the combination or bundle. (c) If the Product is not sold separately in such country, Gross Selling Price shall be calculated by multiplying the gross selling price of the combination or bundle by the fraction D/(D+E), where D is the fair market value of the Product and E is the fair market value of the o...

Gross Selling Price means, with respect to a sold Lot or another tract of real property comprising the Land that has been sold, the amount set forth in the Sales Agreement as the total amount to be paid to Borrower, including but not limited to, any ▇▇▇▇▇▇▇ money or other deposit paid by the buyer, the base sales price for the Lot or tract plus any lot premium, whether financed or collected at the close of the escrow, less any concessions given by Borrower.

Gross Selling Price means the total arms length selling price of a Licensed Product or the selling price as set forth on the invoice therefore, whichever is greater, net of any charges for shipping and insurance.

Gross Selling Price means the gross selling price invoiced or charged to others by Licensee for all Licensed Products sold, distributed or transferred, reduced by the amount of actual returns only. It is understood that credit against sales shall be allowed only for actual returns and that no credit against sales shall be allowed on the basis of an accrual or reserve system. No deduction shall be made for cash, trade discounts, or other discounts, promotional allowances or uncollectible accounts. Licensed Products are considered sold on the date on which such Licensed Products are billed, invoiced, distributed, shipped, and/or paid for, whichever occurs first. No costs incurred in the manufacture, sale, distribution, advertisement or promotion of the Licensed Products or in the payment by Licensee of any local, state or federal taxes of any nature whatsoever shall be deducted from the gross sales amounts or from any royalty payable to Licensor by Licensee. Licensee shall further pay and hold Licensor forever harmless from all taxes, customs, duties, levies, import or any other charges now or hereafter imposed or based upon the manufacture, sale, distribution, advertisement or promotion by Licensee of the Licensed Products (including, but not limited to sales, use, inventory, income, and value added taxes on sales of the Licensed Products), which charges shall not be deducted from the royalties payable to Licensor. Any sales or transfers of Licensed Products made by Licensee to any person or entity that does not deal at arm’s length with Licensee shall be computed, for the purpose of determining Gross Selling Price, at an amount equal to the regular sales price at which Licensee would have invoiced or charged purchasers which deal at arm’s length with Licensee.