Gross Sales Proceeds definition

Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;
Gross Sales Proceeds with respect to each sale of Shares shall be the gross sales price per Share multiplied by the number of Shares sold. The gross sales price with respect to each sale of Shares sold pursuant to the Agreement shall be the gross sales price per Share of such Shares.
Gross Sales Proceeds means all compensations received by Licensee for the sale or other transfer of any product manufactured by using the Licensed Technology or any improved version of the Licensed Technology. If, however, any sale or other transfer is made for less than fair market value, the gross sales proceeds of such sale or transfer shall be deemed to be the fair market value of the product sold or transferred.

Examples of Gross Sales Proceeds in a sentence

  • Golden Eagle develops and manages real estate and department stores and had a total Gross Sales Proceeds (GSP) exceeding RMB8 billion in 2009.

  • If Agency is permitted under Section 6 of this Subordination to exercise the Option under the Option Agreement for the Remainder Parcels, or any portion thereof, Borrower shall deliver (or cause to be delivered) any and all Gross Sales Proceeds realized from such disposition of the Remainder Parcels into the Trust Account.


More Definitions of Gross Sales Proceeds

Gross Sales Proceeds means, with respect to the sale of a Release Parcel or Lot, the aggregate amount payable to or for the benefit of the seller thereof under the Bona Fide Contract for the sale of such Release Parcel or Lot, including the purchase price set forth in such Bona Fide Contract and all other amounts paid to discharge obligations of Seller or otherwise for the account or benefit of, or at the direction of, seller and not credited to such purchase price.
Gross Sales Proceeds means Net Sales Proceeds plus all Remarketing Sale Expenses.
Gross Sales Proceeds means all monies and all other consideration (e.g., stock or “in-kind” property) received by Jingfeng, its Affiliates, or Sublicensees from the sale of Licensed Products, notwithstanding sums actually paid or credited thereby such as: (i) sales, value added, use or other taxes directly imposed with reference to particular sales; (ii) amounts allowed or credited on returns (not in excess of the selling price of such Licensed Product) on account of rejection, recalls or failure of the Licensed Product; or (iii) amounts allowed as customary chargeback payments and rebates. Gross Sales Proceeds shall be calculated in accordance with generally accepted international financial reporting standards or Chinese GAAP, whichever is adopted by Jingfeng in its accounting system.
Gross Sales Proceeds means, with respect to any Unit, the value of all consideration received by Mortgage Borrower in connection with the sale of such Unit, including cash, notes, assumed indebtedness, deferred payments (contingent or otherwise), prepaid expenses and non-customary pro-rations in favor of Mortgage Borrower.
Gross Sales Proceeds means the actual gross proceeds received by Essential from third parties in the manufacturing, distribution, sale, licensing, franchising or exploitation of the Technology.; and
Gross Sales Proceeds means the gross purchase price payable to Owner in connection with the Sale of a Property or a Phase within a Property (whether (i) as the assignee of a Seller’s right under that certain Letter of Intent dated as of November 16, 2004 (the “ARE LOI”) by and between Alexander Real Estate Equities, Inc., a Delaware REIT (“ARE”), or (ii) as the assignee of a Seller’s rights under an “Existing Sale Agreement”) before deducting closing costs, broker’s commissions or any other amount, charge or fee.
Gross Sales Proceeds means in the case of a Sale, the gross sales consideration (adjusted for customary prorations and security deposit credits) realized from the Sale; provided, however, that if the Sale involves any seller financing, then the portion of such Gross Sales Proceeds from such Sale which are attributable to payments under such seller financing shall be paid to Authority only as and if Maker actually receives such payments. Authority agrees that Maker shall not be responsible for any portion of the Gross Sales Proceeds which might otherwise be attributable to any payment made pursuant to the terms of any purchase money financing until and unless Maker actually receives such payment.