Initial Retail Value definition
Initial Retail Value means the number of units of Company Products purchased by Company multiplied by the Initial Retail Price for the relevant Company Products.
Initial Retail Value has the meaning given to such term in Section 12.4(a)(i);
Examples of Initial Retail Value in a sentence
For all Approved Company Products developed, produced, manufactured and supplied by Vendor to Company, Company shall pay Vendor [———-]20 of the Initial Retail Value of all Company Products received at the Company Stores or other locations Approved by Company (the “Purchase Price”).
For all Approved Company Products developed, produced, manufactured and distributed by Vendor, Company shall pay Vendor [----------]71 of the Initial Retail Value of all Company Products received at the Company Stores or other location Approved by Company ("Vendor Initial Retail Value").