Adjusted Gross Margin definition

Adjusted Gross Margin means Adjusted Gross Profit divided by revenue.

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Adjusted Gross Margin means, during the period of any Fiscal Quarter, in respect of any Distributed and Licensed Content or Owned Library Content, the net revenues received by the Loan Parties in respect thereof, less the costs of goods sold, royalties paid, all mandatory payments in respect of licensed content as such term is used in the definition of Distributed and Licensed Content or in respect of Owned Library Content (participations and residuals, corridors, etc.), sales and marketing expenses and freight and fulfillment expenses and an overhead allocation of 8% of net revenues as reasonably determined by the Borrower and confirmed by an Acceptable Appraiser, pursuant to any Distribution Agreements (but only if such Distribution Agreements are pledged to the Collateral Agent pursuant to the Security Documents).

Adjusted Gross Margin means the Net Sales for a given Annual Period, minus the cost of goods associated with sales of the Product or the Combination Product as applicable including allocable direct costs, overhead, and labor and both fixed and variable components of supply cost and Third Party fees, such as “no dose” batch fees, for the same given Annual Period.

Examples of Adjusted Gross Margin in a sentence

• For any Performance-Based RSU award to the Company’s Chief President and Chief Executive Officer as of 11:59 p.m. Eastern Time on May 16, 2023 (the “CEO”) or Chief Financial Officer as of May 16, 2023 (the “CFO”), Gross Margin Improvement will be defined as the Company’s Adjusted Gross Margin for the twelve months ending December 31, 2025 minus the Company’s Adjusted Gross Margin for the twelve months ending December 31, 2023, expressed in basis points.

• For any Performance-Based RSU award to a Key Employee other than the CEO and the CFO, Gross Margin Improvement will be defined as the Company’s Adjusted Gross Margin for the twelve months ending December 31, 2024 minus the Company’s Adjusted Gross Margin for the twelve months ending December 31, 2023, expressed in basis points.

• Foreign currency transaction gains or losses will be included in the calculation of Adjusted Gross Margin.

• If not already included in the daily transaction report that LNGCo is obligated to deliver to CMI as provided in Section 4.1(e), LNGCo shall promptly notify CMI of such actions and provide all information reasonably required by CMI to determine the impact of such action upon Adjusted Gross Margin and to counterbalance CMI's own books accordingly.

• In connection with any such sale, LNGCo shall have the right to unwind or enter into offsetting hedge transactions for any hedge agreements entered into in connection with such inventory and the gains or losses of such unwinding or offsetting shall be included in the calculation of Adjusted Gross Margin.

More Definitions of Adjusted Gross Margin

Adjusted Gross Margin means, for any period, the ratio, expressed as a percentage, of (a) the Adjusted Gross Profit for such period to (b) Revenue for such period, determined in accordance with GAAP and consistent with past practice, subject to the Revenue Adjustments.

Adjusted Gross Margin means adjusted gross profit, divided by revenue. “Anchor tenant” means the primary customer occupying a site. “Company” means Helios Towers plc.

Adjusted Gross Margin means Net Sales less cost of good, sales & marketing costs, other costs directly associated with the Products (e.g., patent costs, regulatory costs, monitoring and R&D, etc.), and an overhead allocation equal to [****]% of Net Sales.

Adjusted Gross Margin has the meaning set forth in Section 3.1(c)(i).

Adjusted Gross Margin revenue minus cost of access.

Adjusted Gross Margin means adjusted gross profit, divided by revenue. “Company” means Helios Towers plc.

Adjusted Gross Margin means, as of any date: (i) income earned by LNGCo on all transactions entered into pursuant to this Agreement through such date; minus (ii) all direct costs incurred in connection with transactions entered into during the Term through such date, including with respect to a Term Purchase TUA, but excluding all Service Fees payable under Section 5.1(a) and Exhibit C; minus (iii) an amount equal to the aggregate of the Cargo Lock Value included in the calculation of Pre-Threshold Fee through such date; minus (iv) the amount of Cargo Fees paid or payable through such date;provided that (a) the calculation of revenues or costs shall not include any gain or loss on any hedge positions except to the extent that such position has been settled in cash or an offsetting trade has been entered into and (b) revenue and costs related to cargos delivered under Term Purchase Agreements which provide for delivery of cargos after the Termination Date shall be prorated as provided in Section 9.5.