Contribution Margin Sample Clauses

The Contribution Margin clause defines how the difference between a product's sales revenue and its variable costs is calculated and treated within an agreement. Typically, this clause outlines the method for determining the contribution margin, specifies which costs are considered variable, and may set benchmarks or targets for profitability. Its core practical function is to provide a clear financial metric for evaluating the profitability of products or services, helping parties allocate revenue and costs accurately and make informed business decisions.
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Contribution Margin. Medicis covenants that if the Contribution Margin is less than zero (0), then Medicis shall pay to Bioglan an amount equal to the deficit in the Contribution Margin. However, any payment required to be made by Medicis to Bioglan under this Section 7.4 shall be reduced by the total value of all returns received after June 1, 1999 by the LLC from CVS, ▇▇▇▇ ▇▇▇▇▇▇ and Walgreens.
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Contribution Margin. An amount equal to the Contribution Margin to be paid pursuant to the Transition Services Agreement;
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Contribution Margin. Contribution Margin" shall have the meaning set forth in Section 1.4(d).
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Contribution Margin. LLC shall pay to Bioglan the Contribution Margin at the later of (i) twenty (20) business days after the Closing Date or (ii) the date on which Medicis receives the US $39.1 million payment from Bioglan as set forth in Article II of the Asset Purchase Agreement dated June 29, 1999 between Medicis and Bioglan. Medicis shall have no obligation to pay the Contribution Margin unless and until it receives in a timely manner such $39.1 million payment from Bioglan.
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Contribution Margin. Represents the net amount resulting from the subtraction of Sales operating costs from Revenue. Sales Representatives are eligible to earn Commissions in addition to base salary. A Portion of Commissions are deemed earned upon the recognition of revenue in accordance with GAAP. A secondary portion of commissions are earned upon achieving a pre-determined operating expense or contribution margin level.
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Contribution Margin. 13 ARTICLE VIII INDEMNIFICATION..................................................14 Section 8.1 Indemnification by Medicis and IMX...........................14
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Contribution Margin. Commencing with the four consecutive fiscal quarter measurement period ending December 31, 2024, each Loan Party shall, and shall cause its Subsidiaries to, maintain, when measured on a consolidated basis for each measurement period set forth below and tested as of the last day of such measurement period, a Contribution Margin of at least the Contribution Margin set forth opposite thereto: Measurement Period (four fiscal quarter period ending): Contribution Margin (USD in Millions) December 31, 2024 $ 23.994 March 31, 2025 $ 26.756 June 30, 2025 $ 28.207 September 30, 2025 $ 29.937 December 31, 2025 $ 31.668 March 31, 2026 $ 33.398 June 30, 2026 $ 35.129 September 30, 2026 $ 37.431 December 31, 2026 $ 39.734 March 31, 2027 $ 42.036 June 30, 2027 $ 44.338 September 30, 2027 $ 46.704 December 31, 2027 $ 49.069 March 31, 2028 $ 51.436 June 30,2028 $ 53.799 September 30, 2028 $ 53.799 December 31, 2028 $ 53.799 March 31, 2029 $ 53.799 June 30, 2029 $ 53.799
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Related to Contribution Margin

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Step III 21.5.1 If the employee desires to appeal the grievance to Step III, the employee shall indicate in writing the reason for the appeal and present it along with the original written grievance to the Municipal Employee Relations Officer or designee within ten (10) working days following receipt of the written decision at Step II. 21.5.2 Within ten (10) working days after receipt of the appeal to Step III, the Municipal Employee Relations Officer or designee shall schedule a meeting with the employee, the appropriate Union representative, and the Department Director or designee to discuss the matter. A written decision shall be given to the employee or the appropriate Employee Organization representative within ten (10) working days following the meeting. 21.5.3 If the decision of the Municipal Employee Relations Officer or designee is unsatisfactory, the appropriate Employee Organization representative may appeal the grievance to Step IV - Arbitration.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Contribution Amounts The Company, the Selling Shareholders and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.6. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

  • STEP II If the grievance is not resolved at Step I then the Association may refer the grievance to the superintendent or the superintendent’s official designee within ten (10) days after receipt of the Step I answer. The superintendent shall arrange with the Association representative for a meeting to take place within five (5) days of the superintendent’s receipt of the appeal. Each party may include in its representation such witnesses and counselors as it deems necessary. Within five (5) days of the meeting, the Association shall be provided with the superintendent’s written response, including the reasons for the decision.