Common use of Net Receipts Clause in Contracts

Net Receipts. For any particular period of time, the net result of the following calculation: i. The Gross Receipts accruing during such period;

Net Receipts. For any particular period of time, the net result of the following calculation: i. The Gross Receipts accruing during such period;; less ii. The gross sum of all Related Chargebacks, which accrued during such period.