Merchandise Value definition

Merchandise Value has the meaning set forth in Section 1.3(b).
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Examples of Merchandise Value in a sentence

  • Gross Merchandise Value shall exclude any shipping, handling and other costs charged to End Users.

  • If the launch or the termination occurs during a calendar month, the Gross Merchandise Value shall only include those sales transactions for goods and services generated after the day of the launch or until the day on which the termination becomes effective, respectively.

  • The “Annual Subscription Fee” shall amount to the greater of (i) the Gross Merchandise Value of a calendar year multiplied by the applicable GMV Rate as described in Section 1.1 of this Exhibit H or (ii) the Minimum Subscription Fee.

  • Regardless of the actual Gross Merchandise Value, the Subscription Fee payable from Launch until Termination shall not amount to less than EUR [**] (“Minimum Subscription Fee”) per calendar year.

  • The Royalty Fee Rate shall be 1.2% of the Gross Merchandise Value.

  • When negotiating and agreeing upon the Inventory Reduction Plan, the Parties agree to negotiate in good faith with respect to a possible increase in the Merchandise Value referenced in Section 1.3(b) of this Agreement if feasible and in the best interests of all Parties.

  • Severity Level 1: The situation results in a material adverse GMV (Gross Merchandise Value) impact to the Retailer’s business operations and no procedural workarounds exist.

  • For FY25 and FY26 the target for Gross Merchandise Value Growth shall be 17.5% and 18% respectively versus the previous year.

  • The value of such Merchandise shall be determined in accordance with the attached Merchandise Value Schedule.

  • The time periods for determining Gross Merchandise Value shall be based upon a quarterly period and Greenwich Mean Time.