SALES SPLIT definition

SALES SPLIT means the percentage of each sale of an Energy Product made to a Customer by the Company as an agent for the Members that is deemed to be made by each of the Members, as determined in accordance with the provisions of Section 5.6.
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Examples of SALES SPLIT in a sentence

  • MCHP HAS MORE THAN 35,000 CUSTOMERS WORLDWIDE, WITH SALES SPLIT EVENLY ACROSS THE EUROPEAN, ASIA/PACIFIC/JAPAN AND THE AMERICAS REGIONS.

Related to SALES SPLIT

  • Reverse Split has the meaning set forth in Section 5.21.

  • Subscription Date means the date of this Agreement.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.