Average Daily Sales definition
Average Daily Sales means the average number of commercial bottles of the Product sold per day over the previous six (6) months, excluding all sales of Product (i) for dispensing to VA, and (ii) to Puerto Rico.
Average Daily Sales means, the total sales during the relevant quarter divided by the number of days in that quarter.
Average Daily Sales means the average number of commercial bottles of Xyrem and Xywav sold per day over the previous six (6) months, excluding all sales of Xyrem and Xywav (i) for dispensing to VA, and (ii) to Puerto Rico.
More Definitions of Average Daily Sales
Average Daily Sales as provided in the Agreement is hereby deleted in its entirety.
Average Daily Sales means, in respect of any period, the total sales of the Business for that period, as reported by Sellers, divided by the number of days that the Business was open for business during such period, as determined by Sellers; provided that if the last day of the Pre-Closing Period falls on any day other than the last day in which the Business is open for business in a fiscal month (such month being a "Partial Month"), Average Daily Sales for the pre-Closing Period shall be calculated excluding the Partial Month. In general, Sellers are not "open for business" on holidays and weekends.
Average Daily Sales shall be determined by taking the total unit sales of a Product during the last four (4) complete months and dividing that number by the number of business days in those four (4) months, and (iii) “Purchased Inventory’’ means Product which has been purchased by Cardinal Health and taken into its own inventory in accordance with the terms of this Addendum.