Net Average Selling Price definition
Net Average Selling Price means Net Sales divided by Net Units and "Net Units" shall mean units of the Product actually sold, less returns in accordance with Section 1.
Net Average Selling Price means the net average selling price in any given quarter of a Finished Vaccine sold by Baxter (being the gross invoice price less sales taxes, duties, delivery charges and returns over the relevant quarter);
Net Average Selling Price. OR "NET ASP" shall mean, for each Product, the Net Sales (as hereinafter defined) divided by the number of units of such Product shipped to Customers, inclusive of samples of each Product.
Examples of Net Average Selling Price in a sentence
As used in this Section, "Net Average Selling Price" shall mean Net Sales divided by Net Units and "Net Units" shall mean units of the Product actually sold, less returns in accordance with Section 1.
On or before December 1 of each Calendar Year during the Term, the Parties shall mutually agree on a Net Average Selling Price forecast ("ASP Forecast") and Factory Cost estimate ("Factory Cost Estimate") for the following Calendar Year and, if applicable, adjust royalties based on the ASP Forecast and Factory Cost Estimate.
More Definitions of Net Average Selling Price
Net Average Selling Price means the mean price at which Licensed Products are sold calculated by taking the total Net Sales for all Licensed