Average Sales definition

Average Sales means, as of any Monthly Reporting Date, (a) the aggregate amount of sales (in U.S. Dollars or the Dollar Equivalent) giving rise to Receivables during the twelve consecutive Calculation Periods immediately preceding such Monthly Reporting Date, divided by (b) 12.
Average Sales means the aggregate gross sales (net of returns and allowances) of the Products by Purchaser and its affiliates during the during the Sales Adjustment Period, multiplied by a fraction, the numerator of which is 12 and the denominator of which is 18. For purposes of this Section 2.4, the term "Products" shall include products sold by Purchaser and its affiliates, the design of which is directly derived from the Products.
Average Sales. The total purchases divided by the total number of Active Months of the Agreement.

Examples of Average Sales in a sentence

  • Instead of any fractional share of Common Stock that would otherwise be issuable upon conversion of any Security or Securities (or specified portions thereof), the Company shall calculate and pay a cash adjustment in respect of such fraction (calculated to the nearest 1/100th of a share) in an amount equal to the same fraction of the Average Sales Price Per Share at the close of business on the day of conversion.

  • In lieu thereof, each holder of shares of Target Shares who would otherwise have been entitled to receive a fraction of a Purchaser Share (after taking into account all certificates delivered by such holder at any one time) shall receive an amount in cash equal to such fraction of a Purchaser Share, multiplied by the Weighted Average Sales Price of a Purchaser Share as of the Closing Date.

  • For other provider types, the Medicare allowable rate is based upon CMS Geographic Pricing Cost Indices (GPCI) and Resource Based Relative Value Scale (RBRVS) Relative Value Units (RVU) including Outpatient Prospective Payment System (OPPS) cap rates; the Clinical Laboratory Fee Schedule (CLAB); the Durable Medical Equipment, Prosthetics, Orthotics and Supplies Fee Schedule; including PEN (DMEPOS) and ‘Medicare Part B Drug Average Sales Price (ASP),’ as appropriate.

  • In the event Seller’s Average Sales Price for the Covered Shares sold by him under the 10b5-1 Plan is less than $17.635 per Share (the “Guaranteed Price”), Purchaser shall pay to Seller, as additional Cash Consideration for his Shares, an amount equal to the product of (A) the difference between the Guaranteed Price and the Average Sales Price and (B) the number of Covered Shares sold by the Seller under his 10b5-1 Plan.

  • In the event that an Average Wholesale Price (AWP) or an Average Sales Price (ASP) has not yet been published by Red Book or CMS for a particular injectable drug, UnitedHealthcare may develop and implement gap-fill fees using available fee information, including NDC-based pricing, or other available national fee sources.

  • The amount paid to Seller for such Account Period will be adjusted in the next Accounting Period using the actual Weighted Average Sales Price once that price has been calculated.

  • In determining solid storage vatting costs attributable to Felmont Sulfur, Freeport shall be entitled to reimbursement as an Operating Cost Reimbursement for the full cost of the vatting and melting of such sulphur if undertaken as the result of a decision by Freeport in its capacity as marketing agent that it expects such vatting to benefit Average Sales Realization, or if as the result of a force majeure affecting Freeport's terminalling and/or transportation system.

  • MTI shall keep full, clear and accurate records with respect to the Average Sales Price used for the purpose of calculating the price of Components and with respect to MTI's assembly costs.

  • In the event that Buyer makes sales directly to [*] markets or the Marketing Affiliate purchases Buyers gas directly, then such amounts will be included in the calculation of the Weighted Average Sales Price.

  • For the purpose of determining profits of sales from MEI's Component Recovery Division to MEI's affiliated companies and intracompany sales or transfers to MEI's other divisions or operations, prices for such Components shall be based on MTI's Average Sales Price and established in accordance with the transfer price schedule set forth in Schedule A attached hereto.


More Definitions of Average Sales

Average Sales means the total Sales figure for all of the surveyed Restaurants in each category, divided by the total number of Restaurants surveyed.