Gross Sales definition
Gross Sales means the sum total of all retail sales of tangible personal property or services as
Gross Sales means the total amount of all revenues (whether in cash or credit) generated or derived from the conduct of any business at the Leased Premises, including (without limitation) all box office receipts of or at the Leased Premises (including receipts from tickets or gift certificates redeemed at the Leased Premises regardless of the point of sale), as well as any and all receipts from the sale of goods, services, merchandise, beverages, food, vending machines and video games at the Leased Premises; provided, however, that the following shall be excluded from “Gross Sales” (i) credits and refunds made with respect to admissions or other sales otherwise included in Gross Sales, (ii) all federal, state, county and city admission taxes, sales and use taxes, entertainment taxes, royalty taxes, gross receipt taxes and other similar taxes now or hereafter imposed and owing to the taxing authority by Tenant (whether such taxes are collected from customers separately from the selling price of admission tickets or absorbed by Tenant); (iii) receipts from the sale of gift certificates or tickets sold but not redeemed at the Leased Premises; (iv) with respect to any tickets or admissions ordered or paid for over the internet and redeemed at the Leased Premises, the portion (if any) of the sale price that exceeds Tenant’s actual box-office ticket price; (v) sales price for merchandise returned, (vi) amounts retained by credit card issuers, (vii) sales outside of the ordinary course of business, (viii) amount of credit card sales deemed uncollectible, (ix) advertising revenues including without limitation media, sponsorship, and promotional advertising of any kind, and (x) the receipts of or from so-called “four-wall deals” with a party that is not affiliated with Tenant, except that the portion thereof or other amounts paid to Tenant in connection with such “four-wall deals” shall be included in “Gross Sales” under this Lease. Commissions or surcharges paid to agencies or other third parties not affiliated with Tenant for selling tickets or processing credit card transactions, and any sums paid to third parties not affiliated with Tenant for the use or rental of vending machines, pay telephones, amusement machines and other similar devices shall be deducted from “Gross Sales” (if and to the extent previously included in “Gross Sales”).
Gross Sales means the sum total of all retail sales of tangible personal property or services as defined in this chapter, without any deduction, except as provided in this chapter. "Gross sales" shall not include the federal retailers' excise tax or the federal diesel fuel excise tax imposed in § 4091 of the Internal Revenue Code if the excise tax is billed to the purchaser separately from the selling price of the article, or the Virginia retail sales or use tax, or any sales or use tax imposed by any county or city under § 58.1-605 or 58.1-606.
Examples of Gross Sales in a sentence
The Earn-Out Royalty shall be calculated and paid with respect to each calendar quarter in which Buyer had Commercial Sales of the Products, in arrears, not sooner than fifty (50) days after the end of such calendar quarter, and shall be accompanied by a statement setting forth Buyer’s good faith calculation of Gross Sales and the resulting Earn-Out Royalty for such quarter.
By: /s/ N▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: N▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President ACCEPTED as of the date first above written (as sub-placement agent) By: /s/ B▇▇▇▇ ▇▇▇▇ Name: B▇▇▇▇ ▇▇▇▇ Title: General Counsel Compensation payable to the Sub-Placement Agent for acting as a sub-placement agent on behalf of the Distributor with respect to a specified sale of Shares pursuant to this Agreement shall be determined by multiplying the Gross Sales Proceeds by the Applicable Sub-Placement Agent Commission.
More Definitions of Gross Sales
Gross Sales is defined in the definition of “Net Sales”.
Gross Sales means the estimated total sales of an ACP product in the Northern Virginia applicable volatile organic compound emissions control area areas designated in 9 VAC 5-40-7240 during a specific compliance period (expressed to the nearest pound), based on either of the following methods, whichever the responsible ACP party demonstrates to the satisfaction of the board will provide an accurate sales estimate:
Gross Sales means a person’s total annual sales of all products and commodities, regardless of whether the logo was affixed to the products or commodities sold.
Gross Sales means, with respect to a restaurant, the total amount of revenue received from the sale of all food, products, merchandise and performance of all services (except Manager-approved promotional items) and all other income of every kind and nature (including gift certificates when redeemed but not when purchased), whether for cash or credit and regardless of collection in the case of credit; provided, however, that Gross Sales shall not include (i) refunds and allowances; (ii) any sales taxes or other taxes, in each case collected from customers for transmittal to the appropriate taxing authority or (iii) revenues that are not subject to royalties in accordance with the related Franchise Agreement, Company Restaurant License or other applicable agreement.
Gross Sales means the total receipts actually received from the sale of liquor for which the license has been issued without deduction on account of the cost of property sold or expenses of any kind.
Gross Sales means all revenue from the franchised business. Gross sales do not include sales tax or use tax.
Gross Sales means gross sales or revenue as determined in accordance with U.S. GAAP;