Base Sales definition
Examples of Base Sales in a sentence
At the beginning of each Order Year, Seller and Buyer shall mutually agree to a list totaling [*****] Railcars from Exhibits A, B and C for which Seller shall provide Buyer with monthly updates, as to Exhibit A Railcars, to Buyer’s Estimated Base Sales Price(s), and as to Exhibit B and C Railcars, to the [*****] for such Railcars under then-current market conditions, during the Order Year (the “Monthly Price List”).
On each Rent Adjustment Date, (a) Annual Base Sales shall be adjusted to the sum determined by dividing the Annual Fixed Minimum Rent (as adjusted pursuant to Section 5.5.1 on such Rent Adjustment Date) by the Percentage Rent Rate and (b) Monthly Base Sales shall be adjusted to the sum determined by dividing the Annual Base Sales, as hereinabove adjusted, by twelve (12).
To the extent that the Net Cash Proceeds from a sale exceed the Target Sales Price, then transaction expenses shall not be deducted from the Target Sales Price for the purpose of calculating the Base Sales Fee.
The Base Sales Tax Value will be pro-rated during the first and final year of this Agreement if the first and final years are not a full twelve calendar month period, as explained by example on the attached Exhibit A.
In the case of any conflict between the terms of any Telecopy Confirmation and the terms of the Short Form or Base Sales Contract, the terms of the Telecopy Confirmation Form shall control, unless specifically provided in the Short Form.
The terms of this Base Sales Contract shall, unless specifically agreed otherwise, apply to and be incorporated in transaction-specific contracts ("Term Contracts") between the parties.
If the Premises are damaged by casualty, Minimum Annual Rent, Base Sales, and other charges payable by Tenant shall be adjusted in proportion to the part of the Premises that Tenant cannot occupy because of the damage or the rebuilding work.
For new or improved Contract Products added to enclosure 1, and for sales of Contract Products listed on enclosure 1 in excess of Base Sales, it is intended that Heska shall pay a ,subsequent" transfer price providing for a [************* (**%)] gross margin on sales (based on a mutually- agreed target market price).
If the Rent Commencement Date begins on a day other than the first day of a month or if the Term expires on a day other than the last day of a month, then Fixed Minimum Rent, Costs, Marketing Fund Charges and Monthly Base Sales for such month shall be prorated.
The types of transactions covered by this Base Sales Contract will be designated on transaction-specific Short Forms and Telecopy Confirmations, and may include (i) Best-Efforts transactions.