Net Units Sold definition

Net Units Sold shall have the meaning set forth in Section 4(a) of this Agreement.
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Net Units Sold means the total number of Units sold by Distributor to third parties ([***]), less reasonable returns of Units. The purchase price hereunder shall be settled in U.S. currency. Notwithstanding any other provision of this Section 4(a), to the extent that Negative Developments can be reasonably anticipated to adversely affect the market for the Product, then at any time thereafter Distributor may request that the Parties negotiate in good faith an appropriate reduction of the minimum purchase price or other appropriate means to offset the impact of the Negative Developments.
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Net Units Sold means the aggregate number of Units sold during a given period less the number of Units for which a customer receives an allowance for breakage, spoilage or rejected or returned goods during such period, provided such allowance is credited to such customer.
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Examples of Net Units Sold in a sentence

  • A royalty based on units of product sold will normally be expressed as a fixed amount per unit sold, normally Net Units Sold, i.e., gross units sold less damaged and returned units.

  • In determining the Net Units Sold, the Corporation shall calculate the total units sold less any units that are written off.

Related to Net Units Sold

  • Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as measured by excise taxes collected by the state on packs (or "roll-your-own" tobacco containers) bearing the excise tax stamp of the state. Units sold shall also include the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as to which the state had power to under federal law, but did not, impose or collect an excise tax. The department of treasury may promulgate such rules as are necessary to ascertain the amount of units sold of such tobacco product manufacturer for each year.

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Relative Total Shareholder Return means for the Incentive Period the Total Shareholder Return of the Company compared to the Total Shareholder Return of the Peer Group, as more particularly set forth on attached Exhibit C.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Common Units is defined in the Partnership Agreement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Company Units has the meaning set forth in the Recitals.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Common Shares means the common shares in the capital of the Corporation;

  • Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Units means the Class B Units of the Company.