Net Invoice Sales definition

Net Invoice Sales means, for any specified time period, the amount invoiced for sales of the Products to Hill-Rom under this Agreement less purchases of evaluation/demonstration units and any credits and adjustments for returned goods during such time period.
Sample 1

Examples of Net Invoice Sales in a sentence

  • The calculation of Product Gross Profit and the Licensing Fee shall be performed by Epic and presented to Elite as a report (“Report”) which shall include the following information: REPORT ITEMS Gross Invoice Sales Total Sales for Month Cash Discount Cash Discount Net Invoice Sales Total Sales - Cash Discount Deductions Allowances (including; Medicaid rebate; state program rebates) price adjustments; returns; charge backs.

  • Net Sales Net Invoice Sales – Deductions Cost of Sales 3% of Net Sales Cost of Goods Total Units x Unit Cost Gross Profit Net Sales less Cost of Goods Margin % Margin Percentage (Gross Profit divided by Gross Invoice Sales) Amount Due Gross Profit $ x 50% Whenever possible, the Report will be made using actual sales, charge backs, administrative fees/rebates, price adjustments, and returns; however, in some cases estimated numbers may be required because of timing of CBs, fees, returns, etc.

  • Gross Invoice Sales Total Sales for Month Cash Discount Cash Discount Net Invoice Sales Total Sales - Cash Discount Deductions Allowances (including; Medicaid rebate; state program rebates) price adjustments; returns; charge backs.

  • In the event that Hill-Rom meets the Net Invoice Sales requirements specified in this paragraph for purchases of Products in regard to a Contract Year, Seller will gxxxx Xxxx-Rom the exclusive rights provided in this section (in addition to any exclusive rights that Hill-Rom may have independently as a result of patents) for the following Contract Year.

  • Net Sales Net Invoice Sales – Deductions Cost of Sales 3% of Net Sales Cost of Goods Total Units x Unit Cost Gross Profit Net Sales less Cost of Goods Margin % Margin Percentage (Gross Profit divided by Gross Invoice Sales) Amount Due Gross Profit $ x {***}% Whenever possible, the Report will be made using actual sales, charge backs, administrative fees/rebates, price adjustments, and returns; however, in some cases estimated numbers may be required because of timing of CBs, fees, returns, etc.

  • The Net Invoice Sales requirements are as follows: Contract Year one, [price term redacted and confidential treatment requested]; Contract Year two, [price term redacted and confidential treatment requested]; Contract Year three, [price term redacted and confidential treatment requested]; amounts for subsequent Contract Years to be agreed to by the parties at least 190 days prior to the beginning of those Contract Years.

  • REPORT ITEMS Gross Invoice Sales Total Sales for Month Cash Discount Cash Discount Net Invoice Sales Total Sales - Cash Discount Deductions Allowances (including wholesale service fees; customer admin.

  • Purchases of any Minor Enhancement Products added to Exhibit A shall be applied to the existing minimum Net Invoice Sales requirements for exclusivity and volume incentives.

  • If the Net Invoice Sales of Product under this Agreement by Hill-Rom in a Contract Year meet or exceed the above requirement, then during the next Contract Year, as long as Hill-Rom complies with its other obligations under this Agreement, Seller will not sell the Products to any purchaser in the Territory other than Hill-Rom, except for export to locations outside of the Territory.

Related to Net Invoice Sales

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Tax Invoice means the document as required by Section 20 of the VAT Act, as may be amended from time to time;

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Valid Invoice means an invoice containing the detailed information set out in clause C2 (Payment and VAT).

  • Net Sales means [***].

  • Proper Invoice means a written request for Payment that is submitted by a Contractor setting forth the description, price or cost, and quantity of goods, property or services delivered or rendered, in such form, and supported by such other substantiating documentation, as NYSERDA may reasonably require, including but not limited to any requirements set forth in Exhibits A or B to this Agreement; and addressed to NYSERDA’s Controller, marked “Attention: Accounts Payable,” at the Designated Payment Office.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Gross Profits means the gross profits calculated under section 4;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Forecast has the meaning set forth in Section 4.1.

  • Invoice Due Date means, with respect to a Quarterly Payment Cycle, the tenth (10th) day of the month immediately succeeding Energization or the month immediately succeeding the conclusion of a Quarterly Period contained within such Quarterly Payment Cycle, consistent with Section 3.4.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Cash Flow Forecast means a 13-week cash flow forecast for the then applicable period, which shall include, among other things, anticipated cash collections and receipts and anticipated disbursements for each calendar week covered thereby.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.