Sales Cost definition

Sales Cost with respect to each of Warner and LeukoSite for any applicable period shall equal the aggregate amount of expenses incurred by such party for maintaining its sales force (including the costs set forth below) for Warner-LeukoSite Product in the Designated Co-Promotion Countries. The costs shall include but not be limited to salary, commissions, bonuses. transportation, meals, lodging, benefits and health care insurance expenses for the sales force, and sales force management and support in the Designated Co-Promotion Countries, all only as it relates to Warner-LeukoSite Product but specifically excluding any cost or expense included in Marketing Expenses, in each case determined in accordance with the parties' normal internal cost accounting practices and GAAP.
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Sales Cost means the cost of a product or service sold as a result of a Referral to us by you, which shall be the invoiced cost to us of the product or service, and
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Sales Cost consists of sales commissions costs for sales services rendered by arms-length independent sales agents and the cost of incentive or discount programs impacting the "Sales Value" such as volume discounts, long-term price reduction programs, etc.
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Examples of Sales Cost in a sentence

  • The party with the greater shortfall shall pay the increased Sales Cost to the other party as calculated above based on the difference between the respective shortfalls.

  • Such increased Sales Cost shall be determined by dividing the total Sales Cost of the other party for the calendar year by the Detail Effort for the other party for the calendar year and multiplying such number by the difference between the Budgeted Detail Effort for the deficient party for the calendar year and the Detail Effort for the deficient party for the calendar year.

  • REPLIDYNE shall keep and maintain accurate and complete records with respect to Net Sales, Cost of Goods, royalties and the calculation thereof with respect to Drug Products manufactured, distributed and sold by REPLIDYNE in sufficient detail to enable the determination of the royalties payable to DAP.

  • During the term of this Agreement and for three (3) years thereafter Connetics shall keep full and accurate financial and accounting records in accordance with U.S. generally accepted accounting principles and shall maintain such records in sufficient detail to permit calculation of Net Sales, Cost of Goods and Product Contribution.

  • The statement will provide Gross Profits derived by reducing the value of Gross Sales for the month by a Cash Discount (agreed to be 1% of Gross Sales), Rebates (agreed to be 3% of Gross Sales), Cost of Goods Sold (at the prices described in Exhibit B) and Distribution Expense (agreed to be 1.5% of Gross Sales).

  • Such increased Sales Cost shall be determined by dividing the total Sales Cost of Warner by the Detail Effort for Warner for the calendar year and multiplying such number by the difference between the Budgeted Detail Effort of LeukoSite and the Detail Effort of LeukoSite for the calendar year.

  • Running royalties shall be payable by the Parties to each other under Sections 7.2 and 7.3 on a quarterly basis, within sixty (60) days after the end of each calendar quarter, based upon the Net Sales, Cost of Goods Sold and Net Profit (as applicable) during each calendar quarter, commencing with the calendar quarter in which the First Commercial Sale of a Licensed Product is made.

  • CMME will provide you, in a password protected online format, periodic financial services reports based on data polled from your POS system and Franchise Network-wide polling, including reports on Comparative Sales, Cost of Sales, Labor Hours, Group Sales, Inventory Management, Gross and Estimated Net Profit, Sales Detail, and Exceptions.

  • Each Party shall keep complete and accurate records of the items underlying Development Costs, Declined NG Candidate Development Costs, Net Sales, Cost of Goods, royalties, milestones, other license fees and other payments under this Agreement.

  • In addition, in the event LeukoSite elects such a reduced Budgeted Detail Effort, LeukoSite shall pay to Warner the increased Sales Cost incurred by Warner to the extent that the Budgeted Detail Effort for Warner is increased to greater than Warner's percentage of the Budgeted Total Detail Effort prior to such election by LeukoSite.


More Definitions of Sales Cost

Sales Cost means (a) direct marketing/sales costs, including but not limited to commission and related cost, calculated at ***% of total sales; (b) Indirect sales cost charge is limited to the maximum ***% of total sales only. Items and amount of each indirect sales cost shall be discussed and agreed by both parties in writing prior to the release of the Profit Sharing Report; (c) Inventory costs shall be calculated at ***% of total sales; (d) Handling charge is limited to the maximum of ***% of total sales in *** only. Items and amount of each handling charge shall be discussed and agreed by both parties in writing prior to the release of the Profit Sharing Report; (e) Sales rebate and marketing developing fund ("MDF") shall be counted as a portion of the cost of total sales, with the actual figure agree by both parties.
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