Formula Price. The "Formula Price" means the product of 92.5% ------------- times the mean average of the 15 closing sale prices of the Common Stock, as reported by the Nasdaq National Market, for the 15 consecutive trading days ending on and including June 17, 1999; i.e., the Formula Price is $3.973.
Formula Price. The parties agree that the formula price described in this Section 19 is the agreed upon method of arriving at a price for the assets of the Store in the event we exercise the option contained in this Section 19 and is not to be deemed a conclusive indication of the value of the Store under other circumstances or where an agreement to purchase the Store has been negotiated by you or your owners.
Formula Price. 7.3.1 In the event that the proposed Buy-out Date is on or before the last day of the first 12-month period of operation, the Purchase Price shall be equal to the amount of [*] dollars (US $[*]). In the event that the proposed Buy-out Date is after the last day of the first 12-month period and on or before the last day of the second 12-month period of operation, the Purchase Price shall be equal to the higher amount of [*] dollars (US $[*]) or the Gross Product Revenues multiplied by the applicable monthly Revenue Multiple, less (i) accounts receivable due greater than sixty (60) days after the Buy-out Date and (ii) lease commitments or contingent liabilities, with the exception of office space lease commitments, extending more than six (6) months past the Buy-out Date. Accounts receivable that are recovered within 120 days after the Buy-Out Date shall be added back to the Purchase Price. Gross Product Revenues shall equal the aggregate licensing, sale revenues from the distribution of Sagent products recognized by Company during the twelve-month period immediately preceding the Buy-out Date in accordance with the revenue recognition policy of Sagent then in effect. The month during which Sagent gives notice of the desired acquisition shall be accounted for in the buy-out formula. In the event that the proposed Buy-out Date is after the last day of the second 12-month period of operation, the Purchase Price shall equal the Gross Product Revenues multiplied by the applicable monthly Revenue multiple.
Formula Price. The purchase price for these assets and the covenants shall be equal to twenty-five percent (25%) of the first Three Hundred Thousand Dollars ($300,000.00) of royalty sales ("Base Amount") of the Store during the fifty two (52) full weeks immediately preceding the date of termination or expiration plus thirty-five (35%) of royalty sales in excess of the Base Amount during this period. The purchase price shall be allocated among the assets and covenants in the manner prescribed by us. If the Store has been in operation less than fifty two (52) full weeks, the option price shall be the cost of the Store plus ten percent (10%). The term "cost" shall be defined as your documented expenditures for the equipment, inventory and leasehold improvements of the Store, but shall not include any charges for labor performed by you or your family members in connection with the development of the Store.
Formula Price. The purchase price for these assets and the covenants shall be equal to twenty-fivefifteen percent (215%) of the first Three Hundred Thousand Dollars ($300,000.00) of royalty sales (“Base Amount”) of the Store during the fifty two (52) full weeks immediately preceding the date of termination or expiration plus thirtytwenty-five (325%) of royalty sales in excess of the Base Amount up to Five Hundred Thousand Dollars ($500,000.00) (“Second Level Base Amount”) during this period plus fifty percent (50%) of royalty sales in excess of the Second Level Base Amount during this period. The purchase price shall be allocated among the assets and covenants in the manner prescribed by us. If the Store has been in operation less than fifty two (52) full weeks, the option price shall be the documented cost of the Store plus ten percent (10%). The term “cost” shall be defined as your documented expenditures for the equipment, inventory and leasehold improvements of the Store, but shall not include any charges for labor performed by you or your family members in connection with the development of the Store or any undocumented costs.
Formula Price. As used in this paragraph 2, “Formula Price” shall mean the average closing price of one (1) share of Apogee Common Stock as reported on the NASDAQ National Market for the twenty (20) business days immediately preceding the Resignation Date.
Formula Price. For purposes of this Agreement, the "Formula Price" of shares of the Company shall be determined as follows:
Formula Price. General. [*] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Subject to Sections 5.2 through 5.4, below, during the Royalty Term, the purchase price of each milligram of Compound (expressed as base, on an FCA Xxxxxxx de Gaulle Airport, Roissy, France, basis) contained in the Finished Product to be purchased by NOVACEA from XXXXXX XXXXX (the “Formula Price”) during each Commercial Year, shall be an amount in Dollars calculated by dividing A by B where:
Formula Price. Except as otherwise provided in Section 1.06, the ------------- price to be paid for steam delivered pursuant to the provisions of this Agreement during each calendar month of the Term shall be the price per thousand pounds then in effect as provided in the following subparagraphs.
Formula Price. The price per share at which the Corporation may exercise its First Refusal Right under Section 4.3 shall be determined in accordance with the following formula:
