Invoiceable Amount definition
Invoiceable Amount means the amount to be invoiced by Cherokee to SK on a quarterly basis in respect of the Royalties calculated as set out in Part B of Schedule 2.
Examples of Invoiceable Amount in a sentence
For the avoidance of doubt, the Royalties calculated in this Part A will be used to calculate the Invoiceable Amount under Part B.
The Invoiceable Amount shall be stated in United States Dollars and shall be due and payable by SK (subject to deductions under clause 4.2) within 30 days of receipt of the invoice, by wire transfer to the bank account designated by Cherokee.