Adjusted Sales definition

Adjusted Sales for any fiscal year means the net revenue for such fiscal year as determined in conformity with GAAP) of the Corporation's Univision and Galavision Spanish language broadcast television business, without giving effect to sales from Excepted Special Programs.
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Adjusted Sales means the gross sales price for a Drug Product invoiced for sale by BLP to third parties, less (i) discounts, chargebacks, Medicare rebates and rebates to purchasers actually allowed and taken and in amounts customary in the trade; (ii) insurance and freight costs separately billed to the purchaser and actually paid or prepaid by the purchaser; (iii) returns from purchasers for exchange or credit (provided that Drug Product delivered to such purchaser in such circumstance shall be deemed a separate sale subject to this Agreement); and (iv) sales and other taxes (exclusive of taxes on income) levied by any governmental authority directly on sales of Drug Products which are collected by BLP from a purchaser and in turn paid by BLP to the taxing authority.
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Adjusted Sales means sales proceeds actually received by Sequoia from any Customer or any intermediator of a Customer (such as a technology provider to the Customer) for products or services provided by Sequoia or associated with the sale, licensing, or payment of royalties to Sequoia for its products and services, less Sequoia’s Cost of Goods Sold (as defined below).
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Examples of Adjusted Sales in a sentence

  • If Pharmos has failed to cure such breach as set forth above the Product Price for each Drug Product payable in each BLP Month in which such breach occurred or is continuing under this Agreement shall be reduced to *****% of BLP's Adjusted Sales of Drug Product in such BLP Month.

  • The term Total Adjusted Sales Price has been determined by the Donor and ▇▇▇▇▇ taking certain agreed upon sums and applying such sums to the following formula: (a) the Purchase Price less (b) Donor adjustments of -$1.00.

  • However, the amount payable by the Donee to Donor for the purposes of this transaction as the consideration to be paid shall be ZERO and 00/100 Dollars ($0.00) (the “Total Adjusted Sales Price”).

  • If BLP appoints an Affiliated Distributor, Adjusted Sales for purposes of determining Product Price shall be determined based upon the net sales price (calculated using the deduction set forth in Section 1.1 above) obtained by such Affiliated Distributor from third parties which are not affiliated with BLP or such Affiliated Distributor.

  • BLP shall keep accurate books and records (for a period of two ----- (2) years from creation) reflecting fully and adequately BLP Adjusted Sales under this Agreement, in sufficient detail to permit verification thereof.

  • If the Adjusted Sales Tax Exposure Amount reflects a reduction from such exposure amount as of the close of the Indemnity Period or the close of the previous calendar quarter, as the case may be, Seller Representative and Buyer shall jointly instruct the Escrow Agent to release to Seller from the Escrow Account the amount of such reduction.

  • The Company shall pay to the Managing Member advances (“Management Fee Advances”) of the Management Fee as follows: At the closing of the sale of each of the 106 single-family detached and 149 single-family attached Units, Developer shall receive an amount equal to three percent (3%) of the Adjusted Sales Price.

  • The "Earn Out Payment -------------------------------------- Amount," as referred to herein, shall mean (a) the Adjusted Sales (as defined below) less (b) the sum of (i) the Warrant Value (as defined below) and (ii) the cash and GMC Common Stock valued at $5,000,000 delivered pursuant to Section 6.04 and Section 9.01.

  • The following examples are intended to illustrate how Genentech will determine the Actual Adjusted Sales as well as the Operating Profits (Losses) in the Profit-Share Territory.

  • In calculating Adjusted Sales and Use Taxes, no Sales and Use Taxes with an expiration date or sunset provision prior to the final maturity of the Series 2018 Bonds were included in such calculation.


More Definitions of Adjusted Sales

Adjusted Sales means the gross sales price for a Drug Product invoiced for sale by BLP to third parties in the New Territories, less (i) discounts, chargebacks, rebates with respect to national healthcare or medical insurance programs existing in any jurisdiction within the New Territories, and rebates to purchasers actually allowed and taken and in amounts customary in the trade; (ii) insurance and freight costs separately billed to the purchaser and actually paid or prepaid by the purchaser; (iii) returns from purchasers for exchange or credit (provided that Drug Product delivered to such purchaser in such circumstance shall be deemed a separate sale subject to this Agreement); and (iv) sales and other taxes (exclusive of taxes on income) levied by any governmental authority in the New Territories directly on sales of Drug Products which are collected by BLP from a purchaser and in turn paid by BLP to the taxing authority.
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Related to Adjusted Sales

  • Adjusted Net Worth of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guaranty or any guaranteed obligations arising under any guaranty of any Permitted Additional Indebtedness) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guaranty pursuant to Section 17 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 18, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 18, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until the Termination Date. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of