Sales Receipts definition

Sales Receipts has the meaning set forth in the Consignment and Guaranty Agreement.

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Sales Receipts means the P.O.S. Sales Taxes received by the Village.

Sales Receipts means the amount actually billed by Li.censee on sales of Products after deducting sales returns. The royalty shall be paid in arrears on a. calendar quarter basis within thirty days after the end of each calendar quarter or at such time as the parties otherwise agree in writing. The royalty shall be paid in United States Dollars. A detailed computation of the basis for and amount of the royalty paid shall accompany each payment. Licensor shall have the right at any time to inspect the books and records of Licensee to verify proper computation and payment of the royalty.

Examples of Sales Receipts in a sentence

• You must keep copies of all Retail Sales Receipts on file for at least four years.

• Ancillary exploitation revenue within Net Sales Receipts shall be subject to the royalty rate that is in effect at the time such revenue is collected by SOE; price protection (including credits, discounts, markdowns and returns) shall be subject to the royalty rate that is in effect at the time such price protection is actually granted.

• Publisher, or its co-publisher, shall spend a minimum of five percent (5%) of the expected Net Sales Receipts, based on the sales forecast, in each country or region (the “Marketing Guarantee”).

• Furthermore, the royalty for different Licensed Products shall be determined separately -- so that it is possible, for example, that the royalty for a first Licensed Product could be *** of Net Sales Receipts, while the royalty for a second Licensed Product during the same calendar quarter would be *** of Gross Value Added.

• The Company shall have no claim to any Ticket Sales Receipts until all WHBPAC fees, expenses, and damages have been paid, and in consideration of this the Company hereby irrevocably grants the WHBPAC a first priority lien against all Ticket Sales Receipts.

• In consideration of the above-described services, the Company shall pay WHBPAC an amount equal to six percent (6%) of the gross Box Office receipts from all ticket sales (the "Ticket Sales Receipts") for each event performance (hereinafter referred to as "Ticket Service Fee").

• In making the calculations defined in the previous sentence, there shall be no carry-forward or carry-backward of Net Sales Receipts or Gross Sublicensing Receipts between calendar years.

• In the event that no such separate sales are made by GenVec, Net Sales Receipts for royalty determination shall be as reasonably allocated by GenVec between such Licensed Product and such other product, based upon their relative importance and proprietary protection.

• Should Ticket Sales Receipts not cover the above-state fees and damages (if any), the Company shall pay the difference to WHBPAC no later than 12:00 noon of the fifth business day following the Event.

• For avoidance of doubt, the Royalty rate “bumps” set forth above shall only apply to Net Sales Receipts within each tranche, and not applied retroactively to the first dollar or units within a previous traunch.

More Definitions of Sales Receipts

Sales Receipts means the amount actually billed by Licensee on sales of Products after deducting sales returns. The noyalty shall be paid in arrears on a calendar quarter basis within thirty days after the end of each calendar quarter or at such time as the parties otherwise agree in writing. The royalty shall be paid in United States Dollars. A detailed computation of the basis for and amount of the royalty paid shall accompany each payment. Licensor shall have the right at any time to inspect the books and records of Licensee to verify proper computation and payment of the royalty.