Fabrication Fee definition

Fabrication Fee is hereby defined as the total amount of revenue received from the customer with respect to a sale reduced by the amount which relates to the sale of the raw material included in the sale. The Future Sales Amount during the first three years following the Closing shall be equal to the lesser of (i) 13% of the total Fabrication Fee received by the Purchaser on each Qualifying Sale, or (ii) the amount, if any, by which such Fabrication Fee received by the Purchaser on each Qualifying Sale exceeds fifteen cents per ounce. There shall be no Future Sales Amount due with respect to sales in which the Fabrication Fee is 15(cent) an ounce or less. The Future Sales Amount during the second three year period following the Closing shall be equal to the lesser of (i) 10% of the total Fabrication Fee received by the Purchaser on each Qualifying Sale, or (ii) the amount, if any, by which such Fabrication Fee received by the Purchaser on each Qualifying Sale exceeds fifteen cents per ounce. There shall be no Future Sales Amount due with respect to sales in which the Fabrication Fee is 15(cent) an ounce or less. Notwithstanding the foregoing, if the Qualifying Sale is to a "Common Account" then Seller shall only be entitled to receive 50% of the amount of the Future Sales Amount described above.
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Examples of Fabrication Fee in a sentence

  • During the second three year period following the Closing, Seller shall receive an amount equal to the lesser of (a) ten percent (10%) of the total Fabrication Fee received by Purchaser on sales to Metalor U.S.A., or (b) the amount, if any, by which such Fabrication Fee exceeds fifteen cents per ounce.

  • If the total Fabrication Fee is less than $0.15, but at least $0.12 than Seller shall receive an amount equal to seven percent of the total Fabrication Fee received by Purchaser.

  • During the first three years following the Closing, Seller shall be entitled to receive as part of the Future Sales Amount (regardless of whether the sale is a Qualifying Sale as defined above) on all sales by Purchaser to Metalor U.S.A. a sum equal to the lesser of (a) thirteen percent (13%) of the total Fabrication Fee received by Purchaser from Metalor U.S.A. or (b) the amount, if any, by which such Fabrication Fee exceeds fifteen cents per ounce.

  • Notwithstanding the foregoing, the amount payable to Seller will be seven percent (7%) of the total Fabrication Fee received by Purchaser from Metalor U.S.A. if the total Fabrication Fee is less than $0.15 but is at least $0.12.

  • If the Fabrication Fee is less than $0.12, then no amount shall be payable hereunder.

  • If the Fabrication Fee received by Purchaser from Metalor U.S.A. is less than $0.12, then no amount shall be payable hereunder to Seller on such sales.

Related to Fabrication Fee

  • Installation Fee means charges payable by the Customer for the installation of the service as provided in the Order Form;

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitation on a Property.

  • Connection Fee means a fee charged by a local entity to pay for the costs of

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;