Material Margin definition

Material Margin means, for any period of determination, (a) the sum of all revenue from sales of Distribution Products (as defined in the Distribution Agreement) invoiced during such period less (b) the sum of the Acquisition Costs (as defined in the Distribution Agreement) for such Distribution Products sold during such period by Seller. The calculation of Material Margin for any period shall be subject to adjustment pursuant to Section
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Material Margin when used with respect to any paper grade, shall mean Net Sales less Net Material Costs. "Net Sales", when used with respect to any paper grade, is defined as gross sales minus early payment discounts, volume rebates and applicable freight costs. "Net Material Costs", when used with respect to any Specified Paper Grade, is defined as the product of Raw Material Furnish Cost Per Ton multiplied by the number of MT of such Specified Paper Grade on an Annualized Basis included in the Transferred Order Flow minus volume rebates with respect to such raw materials. "Raw Material Furnish Cost Per Ton", when used with respect to any single paper grade comprising a part of the Specified Paper Grades, is defined as the aggregate price to the Seller at the Richmond Facility, determined as of the last invoice prior to June 30, 2000, of the raw materials included in the recipe for one MT of furnish for such paper grade.
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Material Margin means, for any period of determination, (a) the sum of all revenue from sales of Distribution Products (as defined in the Distribution Agreement) invoiced during such period less (b) the sum of the Acquisition Costs (as defined in the Distribution Agreement) for such Distribution Products sold during such period by Seller. The calculation of Material Margin for any period shall be subject to adjustment pursuant to Section 5.5 of the Distribution Agreement.
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Examples of Material Margin in a sentence

  • All calculations of the Average Annual Material Margin are subject to the “clean team” confidentiality procedures as agreed between the Parties pursuant to Section 10.8(c).

  • The Accountants’ determination of such unresolved disputes will be final and binding upon all Parties and not subject to review by a court or other tribunal; provided, however, that no such determination shall be any more favorable to Seller than is set forth in the Average Annual Material Margin Statement or any more favorable to Buyer than is proposed in the Objections Statement.

  • If Buyer, through EY, fails to deliver an Objections Statement within such fifteen (15) Business Day period, then the Average Annual Material Margin Statement shall become final and binding on all Parties.

  • Buyer shall be deemed to have agreed with all amounts and items contained or reflected in the Average Annual Material Margin Statement to the extent such amounts or items are not disputed in the Objections Statement.

  • Revenue Material Margin [*] [*] [*] [*] [*] [*] [*] [*] At the end of the first one-year period, MANUFACTURER and PURCHASER will review the opportunity to reduce the [*] rate, based on the revenue and future projections.

Related to Material Margin

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Retail margin means an amount, reflecting differences in

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and