Net Invoice Value definition

Net Invoice Value means the aggregate of the invoiced amounts of Trademarked Product sold by Licensee, less (a) returned goods, refunds, credits and allowances actually made or allowed to customer with respect to Trademarked Product, (b) freight or handling charges charged to customers or incurred on returned goods, and (c) sales and excise taxes actually paid ("NIV"). CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERICKS DENOTE SUCH OMMISSIONS.

Net Invoice Value means, as to any Receivable, the amount shown on the original invoice therefore as being payable in cash by the customer owing the same, net of all commissions, discounts (other than prompt payment discounts), allowances, and credits granted by Seller or claimed by the Account Debtor.

Net Invoice Value means, as to any Receivable, the amount shown on the original invoice therefore as being payable in cash by the customer owing the same, net of all commissions, discounts (other than prompt payment discounts), allowances, and credits granted by Seller or claimed by the Account Debtor. m. "Obligations" shall have the meaning set forth in Section 5(b). n. "Overdraft" shall mean any negative balance in Seller's Book Account. o. "Receivable" or "Receivables" shall have the meaning set forth in Section 1(a). p. "Residual" shall have the meaning set forth in Section 1(b)(ii). q. "Seller" shall mean [COMPANY NAME], and its subsidiaries, if any. r. "Service Fee" shall have the meaning set forth in Section 1(b). s. "Supporting Documents" shall mean original invoices, confirmed purchase orders, insertion orders, contracts, approvals, shipping documents, and any other documents which AEG may require or specify with respect to a Receivable. t. "Termination Fee" shall mean the fee which may become payable to Purchaser on termination of this Agreement pursuant to Section 16.

Examples of Net Invoice Value in a sentence

• As used throughout this Agreement, the term "Net Invoice Value" shall mean the aggregate of the invoiced amounts of Trademarked Product sold by Licensee, less (a) returned goods, refunds, credits and allowances actually made or allowed to customer with respect to Trademarked Product, (b) freight or handling charges charged to customers or incurred on returned goods, and (c) sales and excise taxes actually paid ("NIV").

• As used throughout this Agreement, the term "Net Invoice Value" shall mean the aggregate of the invoiced amounts of Trademarked Product sold by Licensee, less (a) resumed goods, refunds, credits and allowances actually made or allowed to customer with respect to Trademarked Product, (b) freight or handling charges charged to customers or incurred on resumed goods, and (c) sales and excise taxes actually paid ("NIV").

• Subject to of Article 7 hereof, Lieensee shall pay to Licensor for the rights granted hereunder a sum equal to [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties").

• Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties").

• The Borrowing Base shall be reduced by an amount equal to (A) the Net Invoice Value of any (i) Receivable which is outstanding for ninety (90) days, (ii) Receivable for which there is a Dispute with the Account Debtor, regardless of validity, or (iii) Receivable which AEG charges back to Seller for any other reason under this Agreement, and (B) any other amount which AEG may charge back to Seller to reduce the Purchase Price due with respect to any Receivable Pool.

More Definitions of Net Invoice Value

Net Invoice Value means the invoice value as stated in the Company’s Retail Customer Order

Net Invoice Value means the gross invoice amount of the Goods Insured in the Contract Currency, less:

Net Invoice Value means the invoiced value of Products after deduction of (a) discounts (other than discounts for prompt payment); (b) VAT or similar taxes; and (c) any freight or insurance charges shown separately on the relevant invoice.

Net Invoice Value is defined as the gross invoice amount, less any returns, and allowances. The Principal shall pay the commissions on the ___________ _______ day of each month for all shipments paid for during the preceding calendar month.

Net Invoice Value means, in respect of a Receivable, the Gross Invoice Value of such Receivable, less any applicable VAT;

Net Invoice Value means the amount invoiced by the Company to Xxxxx in respect of Relevant Products excluding (a) VAT or other similar sales taxes, (b) carriage and freight charges shown separately on such invoices and (c) discounts for prompt payment, but before deduction of any rebate payable to Xxxxx pursuant to the provisions of clause 8.5.2 "Relevant Products" means the aggregate number of all Xxxxx Branded Products, other than Excluded Products, delivered to Xxxxx by the Company during the relevant Agreement Year 8.5.2 Xxxxx shall be entitled to a volume rebate on the aggregate net invoice value of Relevant Products delivered in any Agreement Year as follows: Volume of Relevant Products delivered in the relevant Agreement Year Percentage rebate -------------------------------------- -------------------------------------- In respect of the number of Relevant 5% of the net invoice value of such Products delivered in excess of excess 42,250 but not exceeding 45,000 In respect of the number of Relevant 6% of the net invoice value of such Products delivered in excess of excess 45,000 but not exceeding 47,500 In respect of the number of Relevant 7% of the net invoice value of such Products delivered in excess of excess 47,500 but not exceeding 50,000 In respect of the number of Relevant 8% of the net invoice value of such Products delivered in excess of excess 50,000 but not exceeding 52,500 In respect of the number of Relevant 9% of the net invoice value of such Products delivered in excess of excess 52,500 but not exceeding 55,000 In respect of the number of Relevant 10% of the net invoice value of such Products delivered in excess of excess 55,000 The specific Relevant Products which are to be taken for the purposes of ascertaining the net invoice value to which the percentage rebate is to be applied shall be on the basis of the dates the Relevant Products were delivered. The sum due to Xxxxx in respect of each volume band in the left-hand column above in the relevant Agreement Year shall be aggregated and the aggregate rebate due to Xxxxx will be paid by the Company to Xxxxx in sterling within 60 days of the end of the relevant Agreement Year.

Net Invoice Value means the Net Distributor Price exclusive of taxes, duties, insurance, transportation and handling costs.