Annual Net Sales definition

Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.
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Annual Net Sales means, with respect to any Licensed Product in a Calendar Year during the applicable Royalty Term for such Licensed Product, the aggregate Net Sales by a Party, its Affiliates and its Sublicensees from the sale of such Licensed Product in the Territory during such Calendar Year.
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Annual Net Sales means total Net Sales in the Territory in a particular Calendar Year.
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Examples of Annual Net Sales in a sentence

  • Royalty Rates based on Net Sales made during each calendar year (“Annual Net Sales”) in the License Territory Royalty Rate Annual Net Sales [***] Net Sales < [***] [***] Portion of Annual Net Sales from [***] but less than [***] [***] Portion of Annual Net Sales from [***] but less than [***] [***] Portion of Annual Net Sales from [***] but less than [***] [***] Portion of Annual Net Sales from [***] but less than [***] [***] Portion of Annual Net Sales greater than [***] For the sake of clarity, [***].

  • Within 30 days following the end of each calendar quarter, ELEVAI shall submit to Yuva Bio a written statement reporting a good faith estimate of Aggregate Annual Net Sales attributable to such calendar quarter and related royalty rate calculation (“Estimated Quarterly Net Sales”) as broken down on a Licensed Product-by-Licensed Product and country-by-country basis, together with the amount of the total royalty payments due Yuva Bio in respect of such Net Sales (“Net Sales Details”).

  • During any period of time when the manufacture, use, sale, or import of the Products or Processes is Covered by a Valid Claim within the Patent Rights, Licensee shall pay Douglas a royalty on Annual Net Sales as outlined in Table 2.


More Definitions of Annual Net Sales

Annual Net Sales means, for any Year, the Net Sales for such Year.
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Annual Net Sales means the Net Sales generated over any given Calendar Year.
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Annual Net Sales means Net Sales (as defined below) in any calendar year.
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Annual Net Sales means, with respect to any Licensed Product in a Pfizer Year during the applicable Royalty Term for such Licensed Product, the aggregate Net Sales by Pfizer, its Affiliates and its Sublicensees from the sale of such Licensed Product in the Territory during such Pfizer Year.
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Annual Net Sales means, on a Licensed Product-by-Licensed Product basis, total Net Sales by Celgene, its Affiliates and Sublicensees in the Territory of such Licensed Product in a particular Calendar Year, calculated in accordance with Accounting Standards consistently applied.
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Annual Net Sales means, with respect to any Annual Net Sales Period, the Net Sales earned in such Annual Net Sales Period.
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Annual Net Sales shall have the meaning assigned thereto in Section 9.6.
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