USNRC Net Sales definition

USNRC Net Sales. Net Sales through Normal Retail Channels of the applicable Record sold for distribution in the United States.
Sample 1Sample 2
USNRC Net Sales. Net Sales of Top Line Records (other than Audiovisual Records), on which royalties are payable, consisting entirely of Masters recorded hereunder and sold by Company through normal retail channels in the United States.
Sample 1Sample 2

Examples of USNRC Net Sales in a sentence

  • The royalty rate will be __% rather than __% on the next five hundred thousand (500,000) units of any such Album (i.e., USNRC Net Sales from 500,001 units through 1,000,000 units) and __% on USNRC Net Sales of any such Album in excess of 1,000,000 units.

  • With respect to Albums Delivered in fulfillment of your Recording Commitment only, the Basic Rate will apply to the first five hundred thousand (500,000) units of USNRC Net Sales of each such Album.

  • If USNRC Net Sales of the Album exceed 1,000,000 units, then the royalty rate in respect of that Album for all such USNRC Net Sales in excess of 1,000,000 units shall instead be ten (10%) percent.

  • For USNRC Net Sales in excess of One Million Five Hundred Thousand (1,500,000) units RECORD COMPANY will pay one hundred percent (100%) of the U.S. minimum statutory rate.

  • Sixth Option * Period, if any XXX XXX XXX Seventh Option * Period, if any XXX XXX XXX FOREIGN ------- Territory All Records ------------------------------------------------------------------------------ * Canada, U.K. XXXX percent of the otherwise applicable rate set forth in the United States Royalty Schedule above in respect of USNRC Net Sales of the particular record concerned (i.e., Albums, Singles and Long Play Singles), without regard to any escalations.

  • In addition to the areas of expertise listed in Section 4, the Contractor is responsible for providing expertise in the following areas: · Knowledge of a wide range of concepts, principles, and practices as applied to environmental engineering.

  • Sales of Albums (but not of individual Masters) in the United States by way of Permanent Download shall be treated as USNRC Net Sales for the purposes of paragraph 1.02 above, provided that the sales price concerned falls within a top-line sale price category applicable to such method of sale.

  • For USNRC Net Sales in excess of Five Hundred Thousand (500,000) units RECORD COMPANY will pay eighty-seven and one half percent (87-1/2%) of the U.S. minimum statutory rate.

  • For USNRC Net Sales in excess of One Million (1,000,000) units RECORD COMPANY will pay ninety-two and one half percent (92-1/2%) of the U.S. minimum statutory rate.

Related to USNRC Net Sales

  • Net Sales means [***].

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

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

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Combination Product means any combination of the Product with one (1) or more other active ingredients, products or services that is not the Product, where such products are sold either as a fixed dose/unit or as separate doses/units in a single package for a single price.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Net Sales Price means the gross sales price to retailers of all Licensed Products sold under this Agreement or, with respect to Licensed Products that are not sold directly or indirectly to retailers, other ultimate consumers (as in the case of accommodation sales by Licensee to its employees or sales by Licensee in its own shops), less trade discounts, merchandise returns, sales tax (if separately identified and charged) and markdowns and/or chargebacks which, in accordance with generally accepted accounting principles, would normally be treated as deductions from gross sales, and which, in any event, do not include any chargebacks or the like for advertising, fixture or retail shop costs or contributions. Notwithstanding the foregoing, Licensor hereby waives its right to (i) receive royalties hereunder for, or (ii) include within the calculation of Net Sales Price for the purpose of calculating the Annual Advertising Obligation as set forth in paragraph 4.6 hereof, sales of units of Licensed Products sold at a discount of [OMITTED; MATERIAL FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION] or more off the regular wholesale price ("Discounted Units"), provided that such waiver shall only apply to the extent that the aggregate Net Sales Price of Discounted Units for any year does not exceed [OMITTED; MATERIAL FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION] of the Net Sales Price of all units of Licensed Products other than Discounted Units sold in such year. No other deductions shall be taken. Any merchandise returns shall be credited in the quarter in which the returns are actually made. For purposes of this Agreement, affiliates of Licensee shall mean all persons and business entities, whether corporations, partnerships, joint ventures or otherwise, which now or hereafter control, or are owned or controlled, directly or indirectly by Licensee, or are under common control with Licensee. It is the intention of the parties that royalties will be based on the bona fide wholesale prices at which Licensee sells Licensed Products to independent retailers in arms' length transactions. In the event Licensee shall sell Licensed Products to its affiliates, royalties shall be calculated on the basis of such a bona fide wholesale price irrespective of Licensee's internal accounting treatment of such sale unless such products are sold by its affiliates directly to the end-user consumer, in which case royalties shall be calculated on the basis of the price paid by the end-user consumer, less applicable taxes. Licensee shall identify separately in the statements provided to Licensor pursuant to paragraph 7 hereof, all sales to affiliates. At least once annually and no later than 90 days after the close of Licensee's fiscal year, Licensee shall furnish to Licensor a statement of the Net Sales Price of all Licensed Products sold during the year just ended, which shall be certified by the independent auditor for Licensee as correct and in accordance with the terms of this Agreement.

  • Marijuana-infused products means products that contain marijuana or marijuana extracts and are intended for human use. The term "marijuana-infused products" does not include useable marijuana.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Therapeutic Product means a health product categorised as a therapeutic product in the First Schedule to the Act;

  • Final Product means a reasonably homogenous cannabis product in its final packaged form created using the same standard operating procedures and the same formulation.

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Hemp products means all products made from industrial hemp,

  • Licensed Services means all functions performed by the Licensed System.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Licensed Nurse means an Oregon licensed practical or registered nurse.