Examples of Sales Price in a sentence
If with respect to any Calendar Year there is no Net Sales Price Reconciliation Payment, the Minimum Supply Price of the Licensed Product will increase by [***] from the then-current Minimum Supply Price for the following Calendar Year; provided, however, that in no event shall the Minimum Supply Price of the Licensed Product exceed [***].
For clarity, if the Net Sales Price Reconciliation Payment is negative, Licensor shall not invoice Licensee for, and Licensee shall have no obligation to pay Licensor, such amount.
After the end of each Calendar Quarter, within [***] after Licensor’s receipt of the Net Sales Report, if the Net Sales Price Reconciliation Payment is positive, Licensor shall issue to Licensee an invoice for the amount of the Net Sales Price Reconciliation Payment.