Average Gross Margin definition
Examples of Average Gross Margin in a sentence
For example, the Average Gross Margin per Active Customer as of September 30, 2014 is the Total Gross Margin during the quarter ending September 30, 2014 divided by the number of Active Customers as of the end of the quarter ending June 30, 2014.
The initial Transfer Price for Irix-A Products shall be agreed upon by the Parties using a pricing approach substantially similar to that set forth in Sections 4.1(a) and 4.1(b) (i.e. a 75% Average Gross Margin for Z▇▇▇▇▇ on Irix-A Implant Products and a 20% Average Gross Margin for X-spine on Instrument Products).
LABSCO’s Average Gross Margin per Active Customer is defined as the Total Gross Margin during a quarter divided by the number of Active Customers as of the end of the previous quarter.
Subject to Paragraph 3 below, the Turnover and Average Gross Margin for the Relevant Earn-Out Period and (in the case of Turnover) for the 12-month period preceding the Relevant Earn-Out Period shall be as set out in the Trading Statement, a draft of which shall be prepared by the Purchaser and delivered to the Sellers as soon as practicable after (and in any event within 5 Business Days of) the Company’s accounts for that period having been signed by the Company Accountant and Tax Consultant.
The Measurement Date Reference List shall be calculated in a manner consistent with the sample Measurement Date Reference List set out on Schedule 3.2(a) hereof, and the Working Capital and the Average Gross Margin Percentage shall be calculated in a manner consistent with the sample Working Capital and Average Gross Margin Percentage calculations set out on Schedule 3.2(b) hereof.