Calculation of Net Revenues Sample Clauses

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Calculation of Net Revenues. In calculating Ivory Net Revenues for the purposes of this Article 6 (Profit/Expense Sharing):
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Calculation of Net Revenues. In calculating Net Revenues for the purposes of this Article VII (Financial Consideration):
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Calculation of Net Revenues. The Company shall maintain in --------------------------- reasonable and adequate detail records of all components of and adjustments made in determining Net Revenues of the Products and the Competitive Products in the Territory during each Determination Period. Within 45 days after the end of each Determination Period, the Company shall (a) furnish to the Holder a Company Certificate setting forth (x) in reasonable detail for each Product or Competitive Product for which there were sales in the Territory during such Determination Period the amounts of (1) gross sales (excluding sales to Affiliates), (2) prompt payment and other discounts, (3) transportation and related insurance charges, (4) returns, bad debt and other allowances, (5) taxes deducted from gross sales in determining Net Revenues, (6) distributors', consignees' and wholesalers' fees and commissions, and (7) Net Revenues, in each such case of the preceding clauses (1) through (7) for such Determination Period, (y) the percentage and the amount, in currency of the United States of America, of such Net Revenues to be paid to the Holder and the holders of the Other Notes pursuant to Article II hereof and thereof, identifying each such Person, and (z) a statement that the information set forth in such Company Certificate is true and correct and (b) pay to the Holder an amount equal to the portion of the Noteholder Payment Amount for such Determination Period to which the Holder is entitled.
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Calculation of Net Revenues. In calculating Net Revenues for the purposes of this Article 7 (Profit/Expense Sharing):
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Calculation of Net Revenues. Revenues to the Joint Venture shall be calculated in accordance with generally accepted accounting principles, consistently applied.
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Calculation of Net Revenues. For purposes of calculating Milestone Payments, Net Revenues shall mean all cash payments received by the Purchaser as a result of the sale, use, licensing, or other exploitation or commercialization of the Assigned Product, including but not limited to revenue or royalties received by the Purchaser from sales of the Assigned Product, royalty income (e.g., running royalty or minimum royalty), option fees, license fees, or from the sale of the Invention, and minus the Documented Costs incurred by the Purchaser directly related to commercialization as outlined below (the “Net Revenues”).
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Calculation of Net Revenues. All percentages established in Exhibit B shall be applied to CARRIER’S net revenue received from the transportation unless otherwise indicated on Exhibit B. For this purpose, net revenue is defined as the amount received by CARRIER after any rate discounts, if allowable, are applied and CARRIER’S Principal, if any, has deducted its share of revenue. CONTRACTOR acknowledges that discounts, if allowable, are at times necessary to secure business for CARRIER and will result in reduction of tariff and/or rate schedule charges.
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Calculation of Net Revenues. No later than February 29, 2009, the Buyer shall prepare, or cause to be prepared, and deliver to the Sellers a statement (the “Preliminary Net Revenues Statement”) setting forth its calculations of Net Revenues for the year ending December 31, 2008 plus reasonable supporting documentation. From and after the Closing until resolution of any dispute with respect to the Preliminary Closing Statement, the Sellers, through a Representative, shall have access to all books and records of the Companies together with the Buyer’s calculations and supporting documents to confirm the amounts shown on the Preliminary Net Revenues Statement. In the event the Sellers agree to the amounts shown on the Preliminary Net Revenues Statement, or fail to object to such amounts by notifying Buyer in writing of such objection within the twenty (20) day period following the delivery thereof, then the Preliminary Net Revenues Statement shall become the “Final Net Revenues Statement” for purposes of Section 2.1(d) above, and shall be binding and conclusive on the parties and not subject to appeal. In the event the Sellers object to any amounts shown on the Preliminary Net Revenues Statement, the Sellers shall notify Buyer in writing of such objection within the twenty (20) day period following the delivery thereof, stating in such written objection the reasons therefor and their alternative calculations. Upon receipt by the Buyer of such written objection, the parties shall attempt to resolve the disagreement through negotiation. The Buyer agrees to promptly provide the Sellers, as the Sellers shall reasonably request, with further supporting documentation for the Buyer’s calculations with respect to the Preliminary Net Revenues Statement. If the Buyer and the Sellers cannot resolve such disagreement within ten (10) days following the end of the foregoing twenty (20) day period, the parties shall submit the matter for resolution to an Independent Accountant. The Independent Accountant shall deliver a statement to the effect that either the Buyer’s calculations or the Sellers’ calculations should be deemed the Net Revenues for the purposes of this Agreement. Such statement shall be delivered by the Independent Accountant to the parties within thirty (30) days of the submission of the matter to such firm, which statement, absent manifest error, shall become the Final Net Revenues Statement for purposes of Section 2.1(d) above, and shall be binding and conclusive on the parties and not...
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Calculation of Net Revenues. The calculation of Net Revenues for the Test Period shall be made by the Buyer and Republic no later than ninety (90) days following the Closing Date. If the Buyer and Republic are unable to agree on the calculation of the Net Revenues for the Test Period, Buyer and Republic shall jointly engage a firm of independent certified accountants to make such determination (the "Accountants"). The determination of the Accountants shall be final and conclusive and not subject to review by either party. The Escrow shall be disbursed within ten (10) days following the final determination of Net Revenues for the Test Period. Buyer and Republic shall each be responsible for half of the cost of the Accountants.
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Related to Calculation of Net Revenues

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.