Qualified Sales definition
Examples of Qualified Sales in a sentence
Sales of Services that fulfil these conditions are referred to as "Qualified Sales".
Notwithstanding any provision to the contrary within this Indenture, the Company shall not be prohibited, restricted or otherwise limited under this Indenture from entering into, sponsoring or conducting any Qualified Sales and Financing Transaction.
Notwithstanding any provision to the contrary within this Indenture, the Company shall not be prohibited, restricted or otherwise limited under this Indenture from entering into, sponsoring or conducting any Qualified Sales and Financing Transaction that provides for the issuance of Senior Debt.
Channel Commissions, which Distributor may adjust for prior overpayment, shall be paid to Representative based on the MRR generated by Qualified Sales with Customers and shall be calculated and paid according to the terms and conditions of Appendix A.
Service Fees shall be paid to Representative based on the subscription revenue generated by Qualified Sales with Customers which were identifiably procured by the Representative, and shall be calculated and paid according to the terms and conditions of Appendix A.