Average Monthly Sales definition

Average Monthly Sales means the average monthly bits of NAND Flash --------------------- Memory Chips, or Smart Media as applicable, sold by Samsung or its Affiliates anywhere in the World during the three (3) calendar month period immediately proceeding Lexar's request.

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Average Monthly Sales means the amount of food, food products and consumable supplies for the table sold by a licensed retailer “Average Monthly Sales” does not include sales of wine. A grocery store which has no demonstrable history of sales of such products on an average monthly basis may not be licensed as a retailer until the applicant can demonstrate such history for the three (3) months prior to the filing of the application. An applicant for licensure as a retailer whose business is primarily seasonal because of its association with or close dependence upon a lodge, resort or similar establishment may select any quarter during the twelve (12) months next preceding the month in which the application for licensure was filed to demonstrate the requisite sales level for each month during such quarter. All other grocery stores applying for licensure as a retailer must demonstrate the requisite sales over the twelve

Average Monthly Sales means the monthly average of Net Sales of the Product by Seller in the United States of America for the twelve calendar months preceding the date hereof, and (ii) the term "Net Sales" shall have the same meaning ascribed to such term in the Partnership Termination Agreement.

Examples of Average Monthly Sales in a sentence

At Lexar's request, in each month of this ------------------ Agreement Samsung shall sell and timely deliver (or cause SSI to sell and timely deliver) to Lexar all Smart Media requested by Lexar, up to * percent (*%) of the Average Monthly Sales of Smart Media sold by Samsung or its Affiliates anywhere in the world during the three (3) calendar month period immediately preceding Lexar's request.
The initial Weekly Amount is calculated as follows: Average Monthly Sales x Specified Percentage / Average Business Days in a Calendar Month.
Lessor shall have the right, upon reasonable written notice to Lessee, through an independent certified public accounting firm, to inspect the records of Lessee used in determining Lessee’s Average Monthly Sales Price and Gas Sales Revenue, including agreements with brokers, purchasers or counterparties, for the purpose of verifying the accuracy of the royalty payments to Lessor.
Each month, Samsung shall provide to Lexar a ----------------- report detailing, on a month-by-month basis, its Average Monthly Sales by Samsung and its Affiliates anywhere in the world during the three (3) prior calendar months and its good faith, non-binding forecast of Average Monthly Sales it expects to sell during the present month and for six (6) calendar months into the future.
For the avoidance of doubt and ambiguity, no Enhanced Sales Commission Payment for any store/outlet shall be payable to the Consultant if the Net Sales for any month are below the applicable Average Monthly Sales Baseline.
Lessee shall use its reasonable best efforts to maximize the production and collection of Landfill Gas from the Landfill and, in the negotiating the sale or use of Processed Gas Products, to maximize the Average Monthly Sales Price of such Processed Gas Products and Lessee’s Gas Sales Revenues.
Sales falling under Section 8.03 of the ELA shall not be counted in the determination of the Average Monthly Sales and payment of the Override (as defined in the ELA) shall not be credited against the purchase price.
For purposes hereof, (i) the term "Average Monthly Sales" shall mean the monthly average of Net Sales of the Product by Seller in the United States of America for the twelve calendar months preceding the date hereof, and (ii) the term "Net Sales" shall have the same meaning ascribed to such term in the Partnership Termination Agreement.
At Lexar's request, in each month of ------------------------------ this Agreement Samsung shall sell and timely deliver (or cause SSI to sell and timely deliver) to Lexar substantially all the NAND Flash Memory Chips required by Lexar, provided that Samsung shall not be obligated to make available to Lexar any NAND Flash Memory Chips in excess of * percent (*%) of the Samsung's Average Monthly Sales.

More Definitions of Average Monthly Sales

Average Monthly Sales means, with respect to the applicable Period, the Sales to Date divided by the number of months elapsed during such Period immediately prior to the Change of Control, and (iii) "Annualized Sales" means, with respect to the First Period, the Average Monthly Sales multiplied by 18.

Average Monthly Sales means the average amount of Customer’s last three monthly invoices from Santec or, if three monthly invoices have not yet been issued, the average amount of the monthly invoices that have been issued (or are reasonably expected to be issued if no such invoices have been issued).