Target Sales definition

Target Sales means the target sales as set forth in Appendix 2, such sales of the PRODUCT in the TERRITORY by Merck shall be those reported by IMS or by any other source mutually agreed by the Parties offering a service similar to the one currently offered by IMS. At the date of signature of this AGREEMENT Appendix 2 is a preliminary estimation and the definite number will be calculated in accordance with the actual daily therapy costs. An example calculation is incorporated in Appendix 2.
Sample 1Sample 2Sample 3
Target Sales means (a) for the fiscal year of the Company ending March 31, 2003, $10,000,000 and (b) for the fiscal year of the Company ending March 31, 2004 and each subsequent fiscal year, Sales for the fiscal year of the Company immediately preceding such year.
Sample 1Sample 2Sample 3
Target Sales has the meaning set forth in Section 5.4 of the Disclosure Letter;
Sample 1Sample 2

Examples of Target Sales in a sentence

  • For purposes of this Agreement: "Sales" shall mean sales of the Company as shown in the audited financial statements of the Company for the applicable fiscal year; and "Target Sales" shall mean (a) for the fiscal year of the Company ending March 31, 2003, $10,000,000 and (b) for the fiscal year of the Company ending March 31, 2004 and each subsequent fiscal year, Sales for the fiscal year of the Company immediately preceding such year.

  • If the Change in Control occurs prior to the last day of the first fiscal year in the Performance Period, the number of RSUs shall equal the PSUs that would have been earned based on achievement at the Target Sales Growth Goal and the Target EBITDA Goal.

  • If actual Sales Growth for the Performance Period is between the Threshold Sales Growth Goal and the Target Sales Growth Goal, or between the Target Sales Growth Goal and the Maximum Sales Growth Goal, the number of Sales-Based PSUs that will be earned and eligible to vest will be determined by linear interpolation.

  • If, however, Distributor fails to spend the minimum Budget amount or conduct such minimum Target Sales Calls, and Distributor further fails to cure such deficiencies within the first six (6) months of the following period, Ampio may elect to convert the appointment in Section 1.1. of this Agreement to non-exclusive in the Territory by providing written notice to Distributor.

  • Unless earlier terminated in accordance with the terms hereof, this Agreement shall be valid for a period of five (5) years from the Effective Date, and may thereafter be extended for an additional five-year period, subject to agreement between the parties on Target Sales requirements for the additional five-year term.

  • To the extent that the Net Cash Proceeds from a sale exceed the Target Sales Price, then transaction expenses shall not be deducted from the Target Sales Price for the purpose of calculating the Base Sales Fee.

  • In the event of any failure of any assignee to comply with the minimum Budget and Target Sales Calls, BTT shall have the right to elect to convert the license granted under Section 2 of this License Agreement to non-exclusive by providing the notice specified in Section 8 above.

  • For purposes of this Agreement: "Sales" shall mean sales of the Company as shown in the audited financial statements of the Company for the applicable fiscal year; and "Target Sales" shall mean (a) for the fiscal year of the Company ending March 31, 2000, $1,000,000 and (b) for the fiscal year of the Company ending March 31, 2001 and each subsequent fiscal year, Sales for the fiscal year of the Company immediately preceding such year.

  • Months 5–6 of each Forecast will remain flexible and can be varied by Distributor, subject to Distributor’s efforts to achieve the Target Sales by the Target Dates.

  • To the extent that the Net Cash Proceeds from a sale exceed the Target Sales Price, then transaction expenses shall not be deducted from the Target Sales Price for the purpose of calculating the Base Sales Fee but will be deductible from the Net Cash Proceeds for the purpose of calculating the Sales Incentive Fee.


More Definitions of Target Sales

Target Sales means, for each Existing Boutique, that portion, if any of Net Incremental Sales that is greater than the lesser of: (i) Ten Percent (10%) of Prior Period Net Sales in the Boutique or (ii) such increase in Net Sales as shall have been set by Tiffany-Japan as the sales goal for the Boutique as part of Tiffany-Japan's annual planning process.
Sample 1Sample 2
Target Sales means (a) for the fiscal year of the Company ending March 31, 2000, $1,000,000 and (b) for the fiscal year of the Company ending March 31, 2001 and each subsequent fiscal year, Sales for the fiscal year of the Company immediately preceding such year. In no event shall the Executive be entitled to an incentive bonus on Sales in excess of $10,000,000; at such time as Sales shall exceed $10,000,000, the Executive and the Company shall, at the option of the Executive, negotiate a new incentive bonus formula in good faith. Sales shall not include revenue from businesses owned by NCMC immediately prior to the Merger.
Sample 1
Target Sales means the target Net Sales for the Product in the Field in the Territory per calendar year, which the initial targets included inExhibit A.
Sample 1
Target Sales means the target Net Sales for the Product in the Field in the Territory per calendar year, which the initial targets included in Exhibit A.
Sample 1
Target Sales means Licensor’s targeted Ex Factory Sales of Licensed Products through the Combined International Distribution Channels throughout the Territory for each Year as stated in the Business Plan attached hereto and made a part hereof as Exhibit C.
Sample 1
Target Sales shall be $8.2 million for the Year ending April 30, 2000 and such amount shall increase for each Year thereafter at a compounded rate of 30% per annum (being approximately $10.7 million for the Year ending April 30, 2001, approximately $13.9 million for the year ended April 30, 2002, approximately $18.1 million for the Year ended April 30, 2003 and so on);
Sample 1

Related to Target Sales

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

  • Net Sales means [***].

  • Target Share means any share of the Common Stock, no par value per share, of the Target.

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

  • Target Audience means users on the Criteo Network who will be targeted with relevant performance advertising Product Ads based on the Criteo Technology.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Sublicense Revenues means all revenue, in whatever form but excluding sublicense royalties, earned by the Licensee in consideration of its granting a Third Party a sublicense to make a Licensed Product including, without limitation, receipt of annual milestone attainment, sublicense issuance, maintenance or up-front payments, or technology access fee; and issuance of securities or real, personal or intangible property.

  • Least developed country end product means an article that—

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • U.S.-made end product means an article that⎯

  • Domestic end product as used in this clause, means, (1) an unmanufactured end product mined or produced in the United States, or (2) an end product manufactured in the United States, if the cost of its components mined, produced, or manufactured in the United States, exceeds 50 percent of the cost of all its components. Components of foreign origin of the same class or kind as the products referred to in paragraphs (b)(2) or (3) of this clause shall be treated as domestic. Scrap generated, collected, and prepared for processing in the United States is considered domestic.

  • TARGET 2 means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a single shared platform and which was launched on November 19, 2007.

  • Moroccan end product means an article that—

  • End product means those articles, materials, and supplies to be acquired under the contract for public use.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Major Market Countries means the United States, Japan, England, Germany, France, Italy and Spain.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Diagnostic Product means In Vitro Diagnostics, In Vivo Diagnostic Agents and any product used for Diagnosis.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

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