Common use of Net Sales Clause in Contracts

Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or its Affiliates (but not by Sublicensees or Partners) on all sales of Company Products, less the following items, as applicable to such Company Products:

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

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Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or Licensee, its Affiliates (but not by Sublicensees Affiliates, its Sublicensees, any of their respective affiliates, or Partners) any of them, on all sales of Company Licensed Products, less the following items, as applicable to such Company Licensed Products:

Appears in 3 contracts

Samples: License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.), License Agreement (Receptos, Inc.)

Net Sales. The term “Net Sales” shall mean mean, with respect to an HBV Product or an Other Product, the gross amounts amount invoiced by Company and/or Purchaser, its Affiliates Affiliate or licensee (but not by Sublicensees or Partnerseach, a “Selling Party”) on all to third parties for sales of Company Productssuch product, less the following itemsdeductions, as in each case solely to the extent (i) directly applicable to the sales of such Company Products:products, and (ii) actually given, allowed or taken (as applicable):

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vir Biotechnology, Inc.), Securities Purchase Agreement (Vir Biotechnology, Inc.)

Net Sales. The term “Net Sales” shall mean the gross amounts invoiced by Company and/or Licensee, its Affiliates (but not by Sublicensees Affiliates, its Sublicensees, or Partners) any of them, on all sales of Company Licensed Products, less the following items, as applicable to such Company Licensed Products:

Appears in 2 contracts

Samples: License Agreement (Poniard Pharmaceuticals, Inc.), License Agreement (Poniard Pharmaceuticals, Inc.)

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Net Sales. The term “Net Sales” shall mean the gross amounts amount invoiced by Company and/or its Affiliates (but not by Sublicensees Licensee, or Partners) sublicensee, or any of them on all sales of Company Licensed Products, Licensed Processes and Licensed Services less the following items(a) discounts, as applicable to such Company Products:chargebacks and rebates actually allowed, whether in cash or trade; (b) credits for claims, allowances, retroactive price reductions or returned goods;

Appears in 1 contract

Samples: License Agreement (Repligen Corp)

Net Sales. The term “Net Sales” shall mean the gross amounts total amount invoiced by Company the Company, and/or its Affiliates (but not by Sublicensees or Partners) on all subsidiaries and sublicensees in connection with sales of the Licensed Products to any person or entity that is not a subsidiary or a sublicensee of the Company Productspursuant to this Agreement, less after the deduction of all the following items, as to the extent applicable to such Company Products:sales;

Appears in 1 contract

Samples: Exclusive License Agreement (ChromaDex Corp.)

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