Base Net Sales definition
Base Net Sales means net sales of the Company for the Financial Year ended 31 December preceding the Grant Date as determined from time to time by the Board; and
Base Net Sales shall have the meaning assigned in Section 12.8.3(a).
Base Net Sales means Net Sales of Doxil-Registered Trademark- in the United States in the calendar quarter immediately preceding the Initial Quarter.
Examples of Base Net Sales in a sentence
The sum of Base Net Sales and Adjusted Net Sales shall constitute the total Net Sales (the “Total Net Sales”).
The sliding scale payment shall equal the product of $666,666.67 times the result of (i) the difference between (A) the Actual Three Year Net Sales less (B) the Aggregate Adjusted Base Net Sales, divided by (ii) the difference between (A) the Aggregate Maximum Earnout Net Sales less (B) the Aggregate Adjusted Base Net Sales.
More Definitions of Base Net Sales
Base Net Sales means Net Sales of Elmiron -Registered Trademark- in the United States and Canada in the calendar quarter immediately preceding the Initial Quarter.
Base Net Sales means sales of Products through the Base Business, net of returns, discounts and allowances consistent with past practice; provided that during periods in which the Company does not engage in the Base Business, the term "Base Net Sales" shall mean sales of Products through the Base Arms Business, net of returns, discounts and allowances consistent with past practice.
Base Net Sales shall have the meaning set forth in Section 5.6(a)(ii).
Base Net Sales has the meaning set forth in Section 6.9.3(b) (Royalties; Royalty Reductions).
Base Net Sales is defined in Section 1.272 (Profit/Loss Share Term).