Minimum Net Sales Target definition

Minimum Net Sales Target has the meaning set forth in Section 6.4.
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Minimum Net Sales Target means Eight Hundred Seventy-Five Thousand Dollars ($875,000); provided, however, if the Closing Date occurs prior to the Target Closing Date, such number shall be adjusted downward by Four Thousand Seven Hundred Seventeen Dollars ($4,717) for each day between the Target Closing Date and such earlier Closing Date.
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Examples of Minimum Net Sales Target in a sentence

  • Except as set forth in Section 8.1, this Agreement may be terminated by Principal upon 120 days prior written notice to Agent after the occurrence of any of the following events: (i) a material change in the management, ownership or control or Agent; or (ii) the aggregate Net Invoice Price or the Products sold by Agent in the Territory in the relevant Contract Period is less than the Minimum Net Sales Target.

Related to Minimum Net Sales Target

  • Net Sales means [***].

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;