Sales Base definition

Sales Base means P&U's Net Sales of Product in the Territory in the last 12 full calendar months preceding the date on which MGI begins Detailing the Product. When prorating the Sales Base in the calculation of Incremental Revenue for periods of less than one year, the Sales Base shall be evenly distributed by month.
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Sales Base means, for any Budget Year, the total dollar amount in Canadian Dollars of Sales of Bedding Products and Serta Products, but excluding Sales of Sears Private Label Products, Dual Purpose Bedding Products and Stationary Furniture Products; all as established by the President of Serta in consultation with the Executive Committee and announced to Licensee on or before September 30 of the First Base Year.
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Sales Base means for any Lease Year an amount equal to One Million Four Hundred Thousand and 00/100 Dollars ($1,400,000.00).
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Examples of Sales Base in a sentence

  • Notwithstanding the foregoing, the Bonus ▇▇▇ ▇▇▇▇▇le ▇▇r any Year during the Term of this Consulting Agreement shall be capped at $150,000, irrespective of such annual net sales in excess of the Sales Base attributable to the efforts of Kenneth Orr in such Year.

  • In addition to the Base Fee, the Consultant shall be entitled to receive a success fee (the "Bonus Fee") equal to 3% of any increase in annual net sales of NYMI for each Year during the Term in excess of Twenty Million ($20,000,000) Dollars (the "Sales Base"), to the extent that such increase in annual net sales of NYMI over the Sales Base shall be directly or indirectly attributable to the efforts of Consultant and/or its principal, Kenneth Orr ("Orr").

  • In addition to the Fixed Minimum Rent, Tenant, in accordance with Section 2.01 of the Lease, shall pay to Landlord, as additional rent hereunder and as part of the consideration for this Lease, for each Lease Year in the Original Term of this Lease a sum equal to four percent (4 %) of that portion of Gross Sales (as defined in Section 2.02 of the Lease) during such Lease Year which is in excess of the applicable Percentage Rent Gross Sales Base (hereinafter referred to as "Percentage Rent").

  • Where the Net Sales Base is above [*], a royalty of [*] of the Net Sales Base.

  • Sepracor shall receive a co-promotion fee equal to [**]; provided, however, that the parties shall agree to equitably share the aggregate sales force and non-sales force promotional expenses targeted to incremental sales of Co-Promotion Product in excess of the Sales Base.

  • The Sales Base for any Lease Year shall equal (i) the base rent payable for such Lease Year divided by (ii) two (2%) percent.

  • The purchase price for these assets and the covenants shall be equal to twenty-five percent (25%) of the first Three Hundred Thousand Dollars (U.S. $300,000) of Royalty Sales ("Base Amount") of the Store during the twelve (12) calendar months immediately preceding the date of termination or expiration plus thirty-five percent (35%) of the Royalty Sales in excess of the Base Amount during this period.

  • For a period no longer then ten (10) years, MWI shall pay an amount equal to 0.10% of the Gross Sales to AAHA members from July 1 to June 30 (whether purchasing through the Program or MWI) which exceeds the Sales Base, less the Minimum License Payment (“Yearly Payment”).

  • The Monthly Sales Base shall be prorated for any partial calendar month.

  • For purposes of this Section 5.4, the term "Deemed Test Fee Sales Base" means the product of (a) the number of tests based upon [**] Diagnostic Products used in any Calendar Quarter in a country, and (b) the Average Selling Price.

Related to Sales Base

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Asset Base means, on any date of determination and with respect to all Eligible Mortgage Loans then subject to Transactions and, to the extent applicable, all Eligible Mortgage Loans proposed to be sold to the Purchaser as of such date of determination, the lesser of (i) 100% of the Principal Balance of all such Eligible Mortgage Loans as of such date of determination and (ii) the product of the applicable Purchase Price Percentage multiplied by the Market Value of all such Eligible Mortgage Loans.

  • Quotes Base means Quotes Flow information stored on the Server.