Qualifying Sales definition

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 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 or Office for an

Examples of Qualifying Sales in a sentence

• Sales of used copies of Your Work, sales of Your Work to Yourself, and copies of Your Work supplied to any person or entity free of charge are not Qualifying Sales and do not generate Author Royalties.

• Your Sole Remedy against Us or Our Affiliates arising from the print, sale, publication, distribution, promotion, marketing, or other use of the Work after Termination of this Agreement is the payment of Author Royalties earned on Qualifying Sales of such Work, as set forth in Section 7.4 (Royalties Post-Termination).

• In the event that We publish the Work in any format other than the format selected and purchased by You, and a Qualifying Sale occurs through Us, Our Affiliates, or Our Contractors, Your sole remedy will be payment of Author Royalties calculated in accordance with Section 7 (Royalties) on any such Qualifying Sales of the Work in the unapproved format.

• Following Termination, subject to the exclusions provided for in this Agreement, We will continue to pay to You the Author Royalties earned on Qualifying Sales, whether made before or after Termination, in the manner and amount set forth in this Agreement.

• Royalties will be paid to You based on the initial sales of Your Work ("Qualifying Sales") during each calendar quarter ("Author Royalties").

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 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

Qualifying Sales means sales of Beer by volume Through the Corporation.

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 sales to Purchasers and, for avoidance of doubt, includes sales to third-person purchasers, 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 Minimum Purchases.

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.