Net Merchandise Revenue definition

Net Merchandise Revenue means the amount equal to all cash consideration from the applicable Orders during the applicable period pursuant to this Agreement, less all taxes, shipping and handling charges, payment tender processing fees, direct out of pocket expenses (e.g., framing, encasing, etc.), wrapping and other value-added service charges and expenses, returns, chargebacks and uncollectable credit card charges. Net Merchandise Revenue shall not include any consideration received from applicable Orders that have been discounted by forty percent (40%) or more. For the sake of clarity, the sale of gift certificates or other stored payment tender will not be included in the calculation of Net Merchandise Revenue hereunder and no revenue share will be payable to Institution hereunder unless or until such gift certificates or other stored payment tender are redeemed through the Online Store.
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Net Merchandise Revenue means the amount equal to all cash consideration from the sale of Licensed Merchandise and Institution Sourced Merchandise through the Retail Locations or Orders on the Institution Online Store [OPTION II: and other E-Commerce Sites in Operator’s Network] during the applicable period pursuant to this Agreement, less all taxes, shipping and handling charges, payment tender processing fees, wrapping charges, refunds and returns.
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Net Merchandise Revenue means the amount equal to all cash consideration from the sale of Memorabilia through the Auctions at the Events during the applicable period pursuant to this Agreement, less all taxes, shipping and handling charges, customer discounts, payment tender processing fees, wrapping and other value-added service charges, cancellations, returns and chargebacks.”
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Examples of Net Merchandise Revenue in a sentence

  • For the sake of clarity, the sale of gift certificates and/or gift cards will be included in the calculation of Net Merchandise Revenue hereunder.

  • Each subsequent year the percentage of annual Net Merchandise Revenue shall increase by .15% from the previous year’s percentage of annual Net Merchandise Revenue.

  • Geographic split for The Net-A-Porter Group net revenues assumed proportional to Net Merchandise Revenue (Net Merchandise Revenue represents sale of merchandise on net-a- porter.com, mrporter.com, theoutnet.com net of returns and customer discounts.

  • Commencing on the Effective Date, subject to the Institution complying with its obligations under this Agreement, Operator will pay to the University, on a calendar quarterly basis during the Term, an amount equal to ( %) of the Net Merchandise Revenue from sales of Memorabilia received by Operator during the immediately preceding calendar quarter at the Auctions.

  • Commencing on the Effective Date, subject to the Institution complying with its obligations under this Agreement, the Operator will pay to the Institution, on a calendar quarterly basis during the Term, an amount equal to ( %) of the Net Merchandise Revenue from sales of Licensed Merchandise during the immediately preceding calendar quarter at the Retail Locations and/or through the Institution Online Store.

  • Beginning in Contract Year 4 and continuing through the remainder of the term, the revenue share returns to the original 20% of Net Merchandise Revenue for sales in the Retail locations.

  • The GTS solutions offered by AT&T in South Africa to enterprise customers range from basic voice and fax services for enterprise customers to advanced solutions such as VPNs (data services that support both voice and data networks), wireless communications (i.e. roaming), data/broadband and internet services, telecommunications equipment and managed networking.

  • Commencing on the Effective Date, subject to the Institution complying with its obligations under this Agreement, Operator will pay to the University, on a calendar quarterly basis during the Term, an amount equal to _____________________ (___ %) of the Net Merchandise Revenue from sales of Memorabilia received by Operator during the immediately preceding calendar quarter at the Auctions.

  • Administrators indicated that they were somewhat apprehensive about communicating with parents about assessment and graduation guidelines because LAS requirements had been frequently revised, and they were concerned that additional revisions were possible.

  • Each subsequent year the Minimum Guarantee Amount shall increase by 3% from the previous year’s Minimum Guarantee Amount; or 25% of annual Net Merchandise Revenue from sales of Licensed Merchandise through Athletic online Store, whichever is greater Offeror’s Proposed Amount / Discount [Fill in blanks] Guaranteed royalty payment of $ ; or percent of Net Merchandise Revenue from sales of Licensed Merchandise through the Online Store, whichever is greater.


More Definitions of Net Merchandise Revenue

Net Merchandise Revenue means gross revenues actually earned and irrevocably received by XPF from the sale of merchandise bearing Team’s logo or the likeness of its Craft less any and all costs, fees, charges and expenses associated therewith, including, but not limited to, all financing, development, and production costs and fees; interest; a two and one half percent (2.5%) overhead fee; residuals; as well as promotion, marketing, advertising, and distribution expenses, costs, commissions and fees; and all deferments and third party participations, as all computed, accounted and paid in accordance with XPF's standard policies for projects of the relevant type, and shall be subject to any agreement entered into with any financier, distributor, or other third party. The specific economic terms pertaining to such merchandise are:  Merchandise created by a Team: Team has all rights related to such merchandise and will keep one hundred percent (100%) of the proceeds. Team must abide by all restrictions on the use of Marks as dictated in Section 7.4 (Use of Marks) and otherwise in accordance with the terms of this Agreement.  Merchandise created by XPF: XPF retains the right to Exploit merchandise related to the registered Teams during and after the Competition. In exchange for use of Team logo, vehicle likeness, et cetera, Team or Teams will be entitled to a total of fifty percent (50%) of Net Merchandise Revenue, to be split proportionally among those depicted in the merchandise. XPF retains the exclusive right to Exploit merchandise related to the Competition that does not incorporate Team Marks or likenesses and XPF will be entitled to one hundred percent (100%) of proceeds from such merchandise.  Merchandise created by XPF after the Grand Prize or Second Place Prize is won: XPF retains the right to Exploit merchandise related to the winning Team or Teams after the Competition. In exchange for use of Team logo, vehicle likeness, et cetera, the relevant Team or Teams will be entitled to a total of fifty percent (50%) of Net Merchandise Revenue, to be split proportionally among those depicted in the merchandise. Team understands and agrees that XPF may grant third parties, such as Google, the right to Exploit merchandise. Where Net Merchandise Revenue will be divided proportionally, XPF will use reasonable efforts to make such proportional payments fair, provided however that XPF retains sole and exclusive discretion to make such determination. Team hereby grants to XPF an irrevo...
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Net Merchandise Revenue means all cash consideration received from Customers for Orders of Merchandise less all applicable shipping and handling charges, taxes, returns for which GSI issues a credit, and charges for valued added services such as gift wrapping.
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Related to Net Merchandise Revenue

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Gross Revenue means:

  • Gross Profits means the gross profits calculated under section 4;

  • Net Revenues means the difference between:

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • System Revenues means all rates, rents, fees, charges,

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Advertising Revenues means revenues derived from sales of advertising that are made available to Grantee’s Cable System subscribers within the Town and shall be allocated on a pro rata basis using total Cable Service subscribers reached by the advertising. Additionally, Grantee agrees that Gross Revenues subject to franchise fees shall include all commissions, rep fees, Affiliated Entity fees, or rebates paid to National Cable Communications (“NCC”) and Comcast Spotlight (“Spotlight”) or their successors associated with sales of advertising on the Cable System within the Town allocated according to this paragraph using total Cable Service subscribers reached by the advertising.

  • Recurring Revenue means, with respect to any period and any Asset, the meaning of “Recurring Revenue”, “Adjusted Recurring Revenue” or any comparable definition in the Investment Documents or if there is no such term in the Investment Documents all recurring subscription, service, support or maintenance revenue for such period for such Asset.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Local school operating revenue means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211. For a receiving district, if school operating taxes are to be levied on behalf of a dissolved district that has been attached in whole or in part to the receiving district to satisfy debt obligations of the dissolved district under section 12 of the revised school code, MCL 380.12, local school operating revenue does not include school operating taxes levied within the geographic area of the dissolved district.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.