Processed Volume definition
Examples of Processed Volume in a sentence
Sales Commissions shall be calculated on Net Processed Volume for Contracts meeting Conforming Sales Criteria as shown on Exhibit "B", attached hereto and made a part hereof.
Net Processed Volume means the sum of sales prices on processed agreements for sales of Units, calculated monthly by Developer and delivered to Manager on or before the tenth (10th) day of the following month, along with any funds owed Manager.
The amount of such payment shall be percent (-0- %) of the sum determined by aggregating the results obtained by multiplying the volume of each Component Plant Product attributable to Producer's Processed Volume by the weighted average monthly sales price for each such Component Plant Product.
Such percentage shall be determined from the table in Paragraph 5.3 on the basis of Seller’s Monthly Processed Volume.
For Manager's full and faithful performance of the duties and obligations provided for herein, Manager shall, during the term hereof, be entitled to a monthly compensation (the "Management Fee") in an amount equal to one-twelfth of fifteen percent (15%) of the total Budget plus three percent (3%) of all Net Processed Volume on sales of Property Units derived from any sales source whatsoever.
The three percent (3%) of Net Processed Volume will be paid to Manager on a monthly basis by Developer.