Net Units Sold definition

Net Units Sold shall have the meaning set forth in Section 4(a) of this Agreement.
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Net Units Sold means the total number of Units sold by Distributor to third parties ([***]), less reasonable returns of Units. The purchase price hereunder shall be settled in U.S. currency. Notwithstanding any other provision of this Section 4(a), to the extent that Negative Developments can be reasonably anticipated to adversely affect the market for the Product, then at any time thereafter Distributor may request that the Parties negotiate in good faith an appropriate reduction of the minimum purchase price or other appropriate means to offset the impact of the Negative Developments.
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Net Units Sold means the aggregate number of Units sold during a given period less the number of Units for which a customer receives an allowance for breakage, spoilage or rejected or returned goods during such period, provided such allowance is credited to such customer.
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Examples of Net Units Sold in a sentence

  • A royalty based on units of product sold will normally be expressed as a fixed amount per unit sold, normally Net Units Sold, i.e., gross units sold less damaged and returned units.

Related to Net Units Sold

  • Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as measured by excise taxes collected by the state on packs (or "roll-your-own" tobacco containers) bearing the excise tax stamp of the state. Units sold shall also include the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as to which the state had power to under federal law, but did not, impose or collect an excise tax. The department of treasury may promulgate such rules as are necessary to ascertain the amount of units sold of such tobacco product manufacturer for each year.

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Company Units has the meaning set forth in the Recitals.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Common Shares means the common shares in the capital of the Corporation;

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Units means the Class B Units of the Company.