Invoiced Sales definition

Invoiced Sales has the meaning set forth in the definition of “Net Sales.”

Invoiced Sales has the meaning set forth in Section 1.57.

Invoiced Sales has the meaning set forth in Section 1.83 (Net Sales).

Examples of Invoiced Sales in a sentence

• Licensee shall and shall cause its Affiliates and its and their Sublicensees to, keep complete and accurate financial books and records pertaining to the Commercialization of Licensed Products hereunder, including books and records of Invoiced Sales and Net Sales of Licensed Products, in sufficient detail to calculate and verify all amounts payable hereunder.

• The Account Holder will be prevented from using their Invoiced Sales Account after the Invoiced Sales Account has been terminated.

• The Account Holder is responsible for the accuracy of the information it has presented in the Invoiced Sales Account Application, and the Account Holder accepts these terms and conditions by sending the Invoiced Sales Account Application, undertakes to comply with these terms and conditions for opening the Invoiced Sales Account and adheres to Onninen’s current Terms and Conditions for Customer Accounts when using the Invoiced Sales Account.

• The Invoiced Sales Account cannot be used for paying other companies’ goods or services.

• If Onninen considers that the customer is creditworthy after it has evaluated the customer's application and checked the customer's credit information, the Invoiced Sales Account will be opened with the credit limit defined by Onninen.

More Definitions of Invoiced Sales

Invoiced Sales shall have the meaning set forth in Section 1.114.

Invoiced Sales for Utz means net sales before the impact of certain trade deductions and independent DSD operator discounts.

Invoiced Sales is defined in Section 1.133. 1. 102 “In-License Agreement” is defined in Section 13.2(o).

Invoiced Sales means the invoiced sales of products after deducting (to the extent that they may have been included in aforegoing) trade and cash discounts, ad valorem duties, value-added tax or any refunds made in respect of products; 1.2.11. "know-how" means the know-how relating to the manufacturing of the products and the product formulations; 1.2.12. "premises" means the leased premises at which the business is carried on, being the factory premises situate at 00 Xxxxxxxx Xxxxxx, Xxxxx, Xxxxxxxxxxxx; 1.2.13. "prime rate" means the basic rate of interest per annum publicly quoted by THE STANDARD BANK OF SOUTH AFRICA LIMITED ("the Bank") as the rate at which the Bank lends on overdraft, compounded monthly in arrears, and calculated on a 365 (three hundred and sixty five) day year factor, irrespective of whether or not the year is a leap year, as reflected in a certificate issued by a manager of the Bank (whose appointment and authority shall not be necessary to prove); 1.2.14. "products" means the toiletry products as more fully described in Annexure~B; 1.2.15. "product formulations" means the formulations and methods for the manufacture of the products, certain of which are more fully described in Annexure~C; 1.2.16. "profits" means :- a) in respect of clause 2 below, the net profits of the business during the specified period after deduction of all costs and expenses and after deducting therefrom tax at an imputed rate equal to the standard rate of taxation applicable to companies as at 31 December 1997 as prescribed pursuant to the provisions of the Income Tax Act (58 of 1962, as amended), provided that - * depreciation over the specified period shall be effected at an agreed value of R20 500,00 (twenty thousand five hundred rand) per month; and * no expenses attributable to the sale of the business of whatsoever nature (whether direct or indirect) shall be categorised as an expense of the business over the specified period and any such expenditure shall be ignored for the purposes of the profit calculation; b) in the context of clause 7, the net profits of the business during the adjustment period after deduction of all costs and expenses and after deducting therefrom tax at an imputed rate equal to the standard rate of taxation applicable to companies as at 31 December 1998 as prescribed pursuant to the Income Tax Act (58 of 1962, as amended) to be calculated subject to the provisions of clause 7.5.3 below. Attached hereto marked Annexure D are indicative income ...

Invoiced Sales shall have the meaning set forth in Section 1.64.

Invoiced Sales means sales upon invoice and shipment to a customer or distributor; provided, however, that with respect to any sale of a product with which a product of the Product Line is integrated or bundled, only that portion of such sale which is allocable to the product of the Product Line (based upon the list price of each product so integrated or bundled) shall be counted as an “Invoiced Sale” for purposes of Section 2.04(b).

Invoiced Sales shall have the meaning set forth in the definition of "Net Sales."