Part Sales definition

Part Sales means sales by the Company or the Surviving Corporation, as applicable, during the Calculation Period to third-party component resellers (such as PCG Trading LLC (d/b/a Converge) and Smith & Associates) of the following components in the same form as purchased by the Company or the Surviving Corporation, as applicable (with no modifications or assembly performed by the Company or the Surviving Corporation, as applicable): (i) CPUs from Intel Corporation and (ii) memory dimms from Micron Technology, Inc., as calculated in good faith in accordance with Section 3.9(b)(i) and in a manner consistent with the Company’s accounting principles and past practices. For the avoidance of doubt, “Part Sales” shall not include sales by the Company or the Surviving Corporation, as applicable, during the Calculation Period of NVIDIA GPU boards.
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Part Sales means sales by the Company or the Surviving Corporation, as applicable, during the Calculation Period to third-party component resellers (such as PCG Trading LLC (d/b/a Converge) and S▇▇▇▇ & Associates) of the following components in the same form as purchased by the Company or the Surviving Corporation, as applicable (with no modifications or assembly performed by the Company or the Surviving Corporation, as applicable): (i) CPUs from Intel Corporation and (ii) memory dimms from Micron Technology, Inc., as calculated in good faith in accordance with Section ‎3.9(b)(i) and in a manner consistent with the Company’s accounting principles and past practices. For the avoidance of doubt, “Part Sales” shall not include sales by the Company or the Surviving Corporation, as applicable, during the Calculation Period of NVIDIA GPU boards.
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Examples of Part Sales in a sentence

  • Direct Success shall provide a link to Banjo's website on any website created by Direct Success for Products sales until such time that Direct Success elects to assume the management of operations of Internet Part Sales.

  • Banjo shall market Internet Part Sales and other non-kit products bearing the Banjo name at its own expense and shall retain all profits from its efforts until such time as Direct Success, at its option, elects to assume management of operations of Internet Parts Sales.

  • To maintain management and ownership of Internet Part Sales, Direct Success shall pay Banjo the difference between S18,000.00 less the total of the previously paid monthly non-refundable advances of S2,000.00 on or before six months from the date the Infomercial first airs/tests.

  • The Royalty Payments shall equal 15% of Parent’s (or Parent’s and Buyer’s respective successors in interest or assignees) consolidated revenues with respect to SCP Spare Part Sales calculated in accordance with GAAP during the Royalty Period.

  • If Direct Success assumes ownership and management of Internet Part Sales, Direct Success will purchase Banjo's non-defective existing parts inventory from Banjo at Banjo's costs.

Related to Part Sales

  • Short Sales means all “short sales” as defined in Rule 200 of Regulation SHO under the Exchange Act (but shall not be deemed to include the location and/or reservation of borrowable shares of Common Stock).

  • Short Sale means a “short sale” as defined in Rule 200 of Regulation SHO of the Exchange Act.

  • Short-Sale Loss means the loss resulting from the Assuming Institution’s agreement with the mortgagor to accept a payoff in an amount less than the balance due on the loan (including the costs of any cash incentives to borrower to agree to such sale or to maintain the property pending such sale), further provided, that each Short-Sale Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2b(1)-(3).

  • Export Transactions Net Activity means the aggregate net total, resulting from Export Transactions, of (i) Spot Market Energy charges, (ii) Transmission Congestion Charges, and (iii) Transmission Loss Charges, calculated as set forth in Operating Agreement, Schedule 1 and the parallel provisions of Tariff, Attachment K-Appendix. Export Transactions Net Activity may be positive or negative.

  • Specified Sales means (a) the sale, transfer, lease or other disposition of inventory and materials in the ordinary course of business and (b) the conversion of cash into Cash Equivalents and Cash Equivalents into cash.