Net Units definition

Net Units means units of the Product actually sold, less returns in accordance with Section 1.

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Net Units means, with respect to each Product, the total number of Units of Product which are sold by Abbott in the Territory to Third Parties during a given Sales Year or *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission. Residual Year less any returned, recalled, or any other such Product for which the customer has been credited the original sales price.

Net Units means the result obtained by dividing:

Examples of Net Units in a sentence

• Publisher shall provide to Author a bi-annual accounting statement of Net Units sold and Net Revenues from sale of Publisher’s editions and other exploitation of rights to the Work, and other credits and debits relating to the Work and the rights granted in this Agreement, and pay Author any amount(s) then owing, for each six-month accounting period, not later than thirty (30) days following the close of each such period.

• The per unit U.S. Transfer Price will be equal to fifty percent (50%) of the SuperGen Net Sales divided by the Net Units of Product Sold in the most recent quarter.

• The Unitholder hereby agrees that the representations and warranties set forth above in Section 4(a) shall be true and correct as of each Closing Date and as of any delivery of Net Units as though then made and as though such date was substituted for the date of this Agreement throughout such representations and warranties.

• 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.

• The Company shall assist the Optionholder to receive such consideration in respect of the Net Units.

• The report shall contain the determination of payments due MONSANTO based on such Grower Agreement Revenue or Net Units, as may be the case.

• Within sixty (60) days after the end of each Fiscal Year, DEKALB shall provide MONSANTO with a written report of the Net Units of Licensed DEKALB Corn Products sold by DEKALB and its Affiliates and International Associates and sublicensees during such Fiscal Year and the Grower Agreement Revenue received on licenses of Licensed DEKALB Corn Products in the Licensed Field in the Territory under the Licensed MONSANTO Patent Rights or DEKALB Patent Rights.

• In determining the Net Units Sold, the Corporation shall calculate the total units sold less any units that are written off.

• The report shall contain the determination of royalties due DEKALB based on such Net Units and consideration.

• Publisher shall provide Author with a statement of Net Units sold and Net Revenues from sale of Publisher’s editions and other exploitation and disposition of rights to the Work, along with reserve being held for returns, and pay Author any amount(s) then owing, for each six-month accounting period, not later than thirty (30) days following the close of each such period.

More Definitions of Net Units

Net Units means, with regard to any Direct Product in any calendar quarter, (i) the number of units of that Direct Product invoiced by GMS Entities, less (ii) the number of units of that Direct Product returned to GMS Entities, in each case, during that calendar quarter.

Net Units as used herein, means the number of Units sold of all Licensed DEKALB Corn Products and Licensed MONSANTO Corn Products in arm's length sales to third parties after deduction of credits or allowances given or made for rejection or return of previously sold Licensed DEKALB Corn Products and Licensed MONSANTO Corn Products. Where the product is covered under the present Agreement and under licenses that evolve from the Collaboration Agreement and License, the CaMV Promoter License Agreement or the Corn Borer-Protected Corn License Agreement, all three of even date herewith, "Net Units" must be calculated separately for each Agreement. The use by DEKALB or Affiliates, International Associates or sublicensees of DEKALB or MONSANTO of commercially reasonable amounts of Licensed DEKALB Corn Products or Licensed MONSANTO Corn Products for promotional sampling or replant shall not be included in Net Units.

Net Units as used herein, means the number of Units sold of all Licensed DEKALB Corn Products and Licensed MONSANTO Corn Products in arm's length sales to third parties after deduction of credits or allowances given or made for rejection or return of previously sold Licensed DEKALB Corn Products and Licensed MONSANTO Corn

Net Units as used herein, means the number of Units sold of all Licensed DEKALB Corn Products in arm's length sales to third parties after deduction of credits or allowances given or made for rejection or return of previously sold Licensed DEKALB Corn Products. Where the product is covered under the present Agreement and under licenses that evolve from the Collaboration Agreement and License, or from the Glyphosate-Protected Corn License Agreement or the Corn Borer-Protected Corn License Agreement, all three of even date herewith, "Net Units" must be calculated separately for each Agreement. The use by DEKALB or its Affiliates, International Associates or sublicensees of commercially reasonable amounts of Licensed DEKALB Corn Products for promotional sampling or replant shall not be included in Net Units.

Net Units means the number of units of the LICENSED PRODUCT sold and shipped by BD to a purchaser.

Net Units means the number of units of the LICENSED PRODUCT sold and delivered to an END USER thereof (FOB LICENSED PRODUCT manufacturer's loading dock) net of returns of unusable units.