Net Gross definition

Net Gross means, with respect to any Location, for the twelve --------- (12) month period ending on the Balance Sheet Date, an amount equal to the gross revenues or total coin collections for such Location minus the applicable ----- commission or out of pocket rental expenses (which expenses shall exclude decorating expenses and the actual per hour costs attributable to collection employees of Seller), in each case reasonably allocable to such Location.
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Net Gross. REVENUES means all revenues on all LICENSED PRODUCTS, as well as all services related to those LICENSED PRODUCTS, less revenues refunded to customers due to returns and/or warranty claims. It is expected that NET GROSS REVENUES will typically be equal to a party's total net reported revenues, excluding investment income (i.e., interest, dividends and other returns on financial investments). In calculating NET GROSS REVENUES, in no event will any lease, transfer, sale or disposition of LICENSED PRODUCTS be valued at less than the fair market value of such LICENSED PRODUCTS. "Fair market value" means with respect to any LICENSED PRODUCT transferred, sold, leased or put into use, the greater of (i) the selling price which a seller would realize from an unaffiliated buyer in an arm's length sale of an identical product in the same quantity and at the same time and place as such sale, lease or putting into use; or (ii) the selling price actually obtained for such LICENSED PRODUCT in the form in which it is sold, whether or not assembled (and without excluding therefrom any components or subassemblies thereof which are included in such selling price.)
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Examples of Net Gross in a sentence

  • In the event the Parties cannot agree on Net Gross Revenue for any Annual Plan, such Net Gross Revenue in the Annual Plan will be determined based on the five year compounded annual growth rate for Net Gross Revenue for the Centers, including, as applicable, the Net Gross Revenue recorded for the Centers during such time as Manager operated them under the License Agreement, using the most recently completed calendar year under this Agreement as the last year in such five year period.

  • Net Gross Revenue is the total revenue re▇▇▇▇▇▇ ▇▇ ▇▇anchiso▇, ▇11Web.com, Inc., and other vendors from the merchant le▇▇ ▇▇▇▇▇▇ card merchant fees and any other sales commissions paid to a third party.

  • In the event the current owners of CCA hold less than a majority of the issued and outstanding shares of ENIP capital stock, the exclusive license shall terminate in the event that ENIP fails to achieve Fifteen Million Dollars ($15,000,000) in Net Gross Sales by the date immediately prior to the third (3rd) anniversary date of the Effective Date.

  • Net Gross Revenues as referred to in this agreement is sales revenues less returns, and excludes shipping costs.

  • You shall be entitled to an amount of up to twenty-five percent (25%) of the total Net Gross Advertising Revenues generated on the Properties as a result of the Licensed Content (“Your Share”).

  • The market value of the Partnership’s consolidated assets represents the Net Gross Asset Value (“GAV”) of the Partnership.

  • Monthly Gross Earnings" means (i) Net Gross of Porous for the 12- month period ending on the last day of the month immediately preceding the Business Sale, divided by (ii) twelve.

  • The Licensor shall be entitled to retain five percent (5%) of Net Gross Ticket Receipts from ticket sales (excluding Season Ticket sales), with a minimum fee of $400 per game and a maximum fee of $600 per Game.

  • United States Gross Net Gross Net ------------- ------- ------ ------- ------- Alabama.......................................

  • In consideration for the license granted herein, ▇▇▇▇▇▇▇▇ shall pay Tactical a royalty equal to fifteen (15%) percent of the Net Gross Sales Price received by ▇▇▇▇▇▇▇▇ for all Licensed Products sold by ▇▇▇▇▇▇▇▇ during the term of this Agreement (the “Royalty”).