Annual Gross Sales definition

Annual Gross Sales means the total Gross Sales of all Licensed Products directed (whether solely or jointly with any other Licensed Targets) to a particular Licensed Target in a particular Year or, with respect to the Year that includes the First Commercial Sale, the period beginning on such date of First Commercial Sale through to the end of the Year in which such First Commercial Sale occurred.
Annual Gross Sales has the meaning provided in Section 4(a)(i)
Annual Gross Sales means comprehensively (during a given fiscal year) the total amount of the actual selling price of the totality of the goods sold and the services rendered by a business carried on by the Borrower or the Guarantor, regardless of the place where these goods and services are sold, notably the following amounts:

Examples of Annual Gross Sales in a sentence

  • Manufacturing units – Entire Annual Gross Sales Turnover including all levies and taxes of manufacturing units handling hazardous substances as defined in the PLI Act 1991.

  • Failure of Market Vendors to report Annual Gross Sales, as required under this Policy, will result in said Vendor being disqualified to participate in the following Market Season.

  • Type of Management Experience?Section 2: DESCRIPTION OF OPERATIONSTYPE OF OPERATIONProjected Annual Gross Sales (before deductions)Rental with Operators$Rental without Operators$1.

  • Manufacturing units – Entire Annual Gross Sales Turnover including all levies and taxes of manufacturing units handling hazardous substances as defined in the Public Liability Insurance Act 1991.

  • A cover letter signed by the firm's authorized principal agent, which includes the bidder’s understanding of the products, their warranty and the services to be provided and a general statement asserting why this firm should be selected.2. Provide proof your company has been in business for the past 3 years.3. Provide proof of your company’s continued financial growth during the past 3 years.4. Provide Annual Gross Sales Reports for the past 3 years.

  • Annual Gross Sales ReportingAll Vendors are required to report their Annual Gross Sales by the third Wednesday in November, utilizing the online management software they register with, or via paper format.

  • Total Annual Gross Sales YearsSalesUnited StatesForeign*UNDERWRITING INFORMATION (Continued) 6.

  • Entire Annual Gross Sales Turnover including all levies and taxes of manufacturing units handling hazardous substances as defined in the PLI Act 1991.

  • Every person selling at wholesale shall pay a privilege license tax as follows: Annual Gross Sales or Receipts of Not OverPer Annum$ 40,000$ 15.0080,00030.00120,00045.00160,00060.00200,00075.00240,00090.00280,000105.00320,000120.00360,000135.00 Annual Gross Sales or Receipts of Over$ 360,000 $ 150.00 WRESTLING AND BOXING.

  • Stygar, A.H., et al., High biosecurity and welfare standards in fattening pig farms are associated with reduced antimicrobial use.


More Definitions of Annual Gross Sales

Annual Gross Sales means comprehensively (during a given financial year) the total amount of the actual selling price of the totality of the goods sold and the services rendered by a business carried on by all the companies whose annual gross sales are used for the purposes of this calculation (the “seller”) regardless of the place where the goods and services are sold, notably the following amounts:
Annual Gross Sales means the combined gross income from the operations of Company and any subsidiaries, other than capital gains, determined on a consolidated basis prepared in accordance with generally accepted accounting principles on a consistent basis by the certified public accountants regularly employed by the Company, and their determination shall be binding and conclusive on the parties hereto.
Annual Gross Sales is defined as the gross revenues (net of discounts, rebates and returns) of Buyer and Buyer's Affiliates (as defined below) from sales of products that are a result of or derived from the technology which is part of the eVS Business, earned in the 12 month period commencing on January 1, 1999, and each 12 month period thereafter (each such period, a "Calendar Year").
Annual Gross Sales means: the aggregate of those sales made upon and from the Premises during the subject Lease Year for all items sold to customers in the operation of Tenant's business, such sales to include the entire amount of the price charged, whether wholly or partially in cash or on credit with deduction being allowed for uncollected or uncollectible credit. "Annual Gross Sales" shall not include (i) the amount of any sales, use or gross receipts taxes collected from customers, (ii) receipts from the sale of meals to employees of the restaurant, sold to them in the course of their employment, (iii) any service charges made and collected by Tenant and turned over to Tenant's employees in lieu of such employees receiving tips or gratuities from Tenant's customers, (iv) proceeds from the sale of any of Tenant's trade fixtures or equipment, (v) returned pie tin deposits, (vi) receipts for product made on the Premises and transferred to another Xxxxx Xxxxxxxxx outlet, (vii) receipts from pay telephone, cigarette and other vending machines provided such do not occupy more than 50 square feet of floor area within the Building, (viii) refunds or credits made by Tenant for returned merchandise, provided the sale of such merchandise was previously included by Tenant in the Annual Gross Sales, (ix) non-food promotional items sold at no profit by Tenant, (x) credit card service charges, or (xi) the proceeds of the sale of any franchise to operate the business on the Premises, and all fees, charges, or rents charged to or received from any such franchise.
Annual Gross Sales shall not include (i) the amount of any sales, use or gross receipts taxes collected from customers, (ii) receipts from the sale of meals to employees of the restaurant, sold to them in the course of their employment, (iii) any service charges made and collected by Tenant and turned over to Tenant's employees in lieu of such employees receiving tips or gratuities from Tenant's customers, (iv) proceeds from the sale of any of Tenant's trade fixtures or equipment, (v) returned pie tin deposits, (vi) receipts for product made on the Premises and transferred to another Xxxxx Xxxxxxxxx outlet, (vii) receipts from pay telephone, cigarette and other vending machines provided such do not occupy more than 50 square feet of floor area within the Building, (viii) refunds or credits made by Tenant for returned merchandise, provided the sale of such merchandise was previously included by Tenant in the Annual Gross Sales, (ix) non-food promotional items sold at no profit by Tenant, (x) credit card service charges, or (xi) the proceeds of the sale of any franchise to operate the business on the Premises, and all fees, charges, or rents charged to or received from any such franchise.

Related to Annual Gross Sales

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

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

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

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

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

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Net Sales means [***].

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Gross Revenue means:

  • Net Revenues means the difference between:

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Gross Profits means the gross profits calculated under section 4;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series’ assets with respect to the Class for the period involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees’ fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series’ statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series’ “Annual Operating Expenses” for the Class do not include “acquired fund expenses”, interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are “extraordinary” as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LP By: /s/ Xxxxx X. Xxxxxxx Xxxxx X. Xxxxxxx Chief Financial Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxxx X. Xxxxxxx Xxxxx X. Xxxxxxx Treasurer ROYCE & ASSOCIATES, LP 000 XXXXX XXXXXX XXX XXXX, XX 00000 January 1, 2019 The Royce Fund 000 Xxxxx Xxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement – Royce Small/Mid-Cap Premier Fund (formerly Royce Heritage Fund) (Consultant Class) Gentlemen: Reference is made to the Amended and Restated Investment Advisory Agreement dated July 1, 2017 (the “Agreement”) by and between The Royce Fund (the “Fund”), on behalf of Royce Heritage Fund (now Royce Small/Mid-Cap Premier Fund) (the “Series”), and Royce & Associates, LP (the “Adviser”). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the period beginning January 1, 2019 and ending December 31, 2019 (the “Period”), and/or agrees to reimburse expenses relating to the Period to the Series with respect to the Class in an amount, if any, necessary so that the Series’ “Annual Operating Expenses” for its Consultant Class of shares (the “Class”) are not more than 2.09% of the Class’ average net assets for the Period. The Adviser’s obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.