Qualifying Sales definition

Qualifying Sales means per unit (as opposed to lump sum) sales of the type of Qualifying Timber at issue made during the six months immediately prior to the six month period in which the applicable Base Price Adjustment Date occurs, provided such sales (i) are made within the Market Region, and (ii) involve not less than 2,000 tons of the type of Qualifying Timber at issue as to each such sale.
Qualifying Sales means tickets sold by the Agent for an Applicable
Qualifying Sales means per unit (as opposed to lump sum) sales of the type of Qualifying Timber at issue made during the three calendar quarters immediately prior to the calendar quarter month period in which the applicable Base Price Adjustment Date occurs (including sales that are subject to bona fide agreements with unaffiliated third parties, whether or not they have been harvested during such three calendar quarter period), provided such sales (i) are made within the Market Region, and (ii) involve not less than 1,000 tons of the type of Qualifying Timber at issue as to each such sale. Qualifying Sales shall exclude sales of Qualifying Timber between Buyer and Seller under this Agreement.

Examples of Qualifying Sales in a sentence

  • Bank agrees that any repurchases of shares of a Trust that were originally purchased as Qualifying Sales shall be subject to Paragraph 5(e) hereof.

  • You agree that any repurchases of shares of a Trust that were originally purchased as Qualifying Sales shall be subject to Subsection 6(b) hereof.

  • In accordance with the Funds' Prospectuses, Distributor or any affiliate may, but is not obligated to, make payments to dealers from Distributor's own resources as compensation for certain sales that are made at net asset value ("Qualifying Sales").

  • In accordance with the Funds' prospectuses, FTDI or its affiliates may, but are not obligated to, make payments from their own resources to Bank as compensation for certain sales that are made at net asset value ("Qualifying Sales").

  • In accordance with the Funds' Prospectuses, FTDI or its affiliates may, but are not obligated to, make payments from their own resources to Bank as compensation for certain sales that are made at net asset value ("Qualifying Sales").


More Definitions of Qualifying Sales

Qualifying Sales means sales of Beer by volume Through the Corporation. (hh) “Regulator” means the Liquor Control Board of Ontario, the Alcohol and Gaming Commission of Ontario and any other Ontario government authority or agent of the Province of Ontario having jurisdiction over the sale, storage, distribution or consumption of beverage alcohol, or their successors.
Qualifying Sales are sales generated from the service lines set forth on Schedule 3.1(b)(ii), less the commissions payable to IDX set forth on such Schedule.
Qualifying Sales means tickets sold by the Agent or Office for an
Qualifying Sales means, for each twelve-month period ending on the first, second, and third annual anniversaries of the Closing Date, the sum of:
Qualifying Sales means net sales in the “Culinary and Retail In-Shell” and “Total Non-Retail” categories as defined for purposes of the information set forth in Note 12 of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the period ended July 31, 2011, which was filed on or around September 15, 2011.
Qualifying Sales means sales activities of Pasaca or Designees of Quantum Dots or relating to the QMC™ HealthID IP and shall include and sales to third-party customers, Pasaca or Designees. As used herein, “sales” includes all methods of commercialization, including but not limited to royalties, licenses and product sales. For avoidance of doubt, the Parties agree that the current contemplated transactions, including those with Nuffield, are Qualifying Sales and the revenues associated therewith or arising therefrom will apply in meeting the Minimum Revenues.
Qualifying Sales are sales revenue of BIO-key then-offered products (Licensed Software, Maintenance and Hardware) and BIO-key-delivered professional services to Qualified Entities in the Territory which sales generate a minimum of 20% Net Income under GAAP and are recognizable as revenue for BIO-key. Specifically, Qualifying Sales must meet the criteria for revenue recognition of BIO-key’s independent auditors. If there is a dispute at any time as to whether a transaction is a Qualifying Sale, then the parties agree to assist and provide records to BIO-key’s independent auditors to make a determination on the nature of the revenue and costs affecting Net Income and what amount, if any, is a Qualifying Sale. TTI warrants all representations made as to the conditions of the sale, FCPA and other anti- corruption compliance pursuant to Section 5.2. Any Stock Incentives awarded which are determined to be prematurely awarded because of a recharacterization of Qualifying Sales to non-Qualifying Sales may at BIO-key’s option, be recalled, revoked or withheld until the achievement thresholds are again reached. For clarity, it is the intent of the parties that a “20/20 hindsight” view of whether a sale is Qualifying Sale will be reflected in the Stock Incentives finally earned and retained by TTI.