Annual Sales Volume definition

Annual Sales Volume means total worldwide Net Sales of a Royalty-Bearing Product during a calendar year.

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Annual Sales Volume means total worldwide Net Sales of all Collaboration Products during the twelve (12) month period commencing with the first full month following First Commercial Sale of a Collaboration Product. The first such Annual Sales Volume period for a Collaboration Product shall also include any partial month preceding such first full month.

Annual Sales Volume shall have the meaning set forth in Section 9.3.1(a) above.

Examples of Annual Sales Volume in a sentence

Your Estimated Annual Sales Volume may be obtained through your Financial or Facilities offices or, from your current propane provider.
You must know what your Estimated Annual Sales Volume is to determine the correct volume bracket used for “Adder” prices or, the price per gallon the contractor will charge for service and delivery.
In the event GRANTEE fails to meet the Minimum Annual Sales Volume for two consecutive years, the right to sell the Products and related services on an exclusive basis will expire automatically in the subsequent year, unless GRANTOR agrees to extend the right for any reasonable term by written notice.
The formula for calculating the National Annual Sales Volume Incentive is: National Annual Volume (for all Fleet products) x basis points = National Annual Sales Volume Incentive.
Contractor shall provide the NASPO ValuePoint Cooperative Development Coordinator and Enterprise Services Contract Administrator with a National Annual Sales Volume Incentive Report reflecting each State’s total annual spend, and National Annual Volume Rebate earned no later than sixty (60) days after the end of the calendar year.
In the event GRANTEE has attained a Minimum Annual Sales Volume of One Million Dollars (US$1.0 million) at the end of any year, the GRANTEE will have the right to continue to sell Products and related services on an exclusive basis in the Territory.
Contractor shall provide the NASPO ValuePoint Cooperative Development Coordinator and Enterprise Services Contract Administrator with a National Annual Sales Volume Incentive Report reflecting each State’s total annual spend, National Annual Volume Rebate earned no later than thirty (30) days after the end of the calendar year.
Any recoveries in excess of Bayer's costs shall be deemed to be Net Sales (the "Recovered Bayer Net Sales") and, as such, shall contribute to the Annual Sales Volume for applicable Bayer Royalty Products, on a product-by-product basis, PROVIDED, HOWEVER, that the royalty payment to be made to Millennium with respect to any such Recovered Bayer Net Sales shall be based on a royalty rate of [**].
Commercial Quantities based on a quarterly weighed scale as follows: [*] USD/kg Annual Sales Volume up to [*] [*] USD/kg Annual Sales Volume [*] [*] USD/kg Annual Sales Volume [*] CIP (Incoterms 2000) Hyderabad, India Airport, or as set forth in applicable Purchase Order, Net 30 days from date of invoice.
The first such Annual Sales Volume period for a Collaboration Product shall also include any partial month preceding such first full month.

More Definitions of Annual Sales Volume

Annual Sales Volume means total worldwide Net Sales of a Metabolic Program Drug during a Contract Year.

Annual Sales Volume means the gross revenue of the Selling Party or the Assignor, as applicable, and its respective Grantee Entities for Sales of Licensed Products of the Selling Party or the Assignor, as applicable, that are divested by the Selling Party or the Assignor, as applicable, to the Assignee in connection with the assignment to the Assignee pursuant to Section 9.1 or 9.2, or the Licensed Products of the Selling Party or the Assignor, as applicable, if this Agreement is retained by the Selling Party or the Assignor, as applicable, in the case of a Change of Control pursuant to Section 9.2 above, as applicable, over the one (1) year period prior to the date of such assignment or Change of Control, as applicable, provided that such gross revenue will be deemed to increase at an average growth rate (calculated as the average year-over-year growth rate of such sales volume, over the three (3) year period preceding the date of the assignment or Change of Control, as applicable), which volume and growth rate will be certified by the Selling Party or Assignee, as applicable, promptly following the assignment or Change of Control, as applicable, and for each annual period (or pro rata portion thereof) during the remainder of the Term and the period (if applicable, pursuant to Section 9.3.1(b)) that the Post-Term Limitations, granting or extending licenses, releases, covenants, and other rights in favor of the Selling Party or Assignee, as applicable, and its Grantee Entities, remain in effect; and

Annual Sales Volume means the dollar amount of Visa and MasterCard Sales Drafts minus Credit Vouchers which: (i) are received from Merchant and processed by MNB during a calendar year, or (ii) will be received from Merchant according to a projection approved by MNB.