Recording of Sales Sample Clauses
The 'Recording of Sales' clause establishes the requirement for accurately documenting all sales transactions made under the agreement. Typically, this involves specifying the method and timing for recording sales, such as maintaining detailed sales logs or submitting periodic sales reports to the other party. By mandating clear and consistent recordkeeping, this clause ensures transparency, facilitates auditing, and helps prevent disputes over sales figures or related payments.
Recording of Sales. The Retailer shall record each and every sale of Cannabis at the time it is made and shall provide proof of purchase and a receipt to each customer in accordance with the Retailer Directives.
Recording of Sales. (i) WC and/or one or more of its Affiliates shall solicit and accept orders for, and ship and invoice sales of, the Product from and to non-Affiliate third parties in the WC Exclusive Territory at prices to be established solely by WC and/or one or more of its Affiliates.
(ii) For purposes of clarification, from and after the U.S. Restructuring Effective Date, if the Product is sold or otherwise transferred as part of a package with other products, the Net Outside Sales for such Product shall be the Net Outside Sales applicable to such Product as if sold separately, less the pro-rata amount of any discount associated with the package. The operation of the calculations in this Section 2(e)(ii) is demonstrated by the examples set forth in Schedule IV(E)(2) of the Collaboration Agreement.
Recording of Sales. Unless the parties otherwise agree, API shall solicit and accept orders for, and ship and invoice sales of, the Product from and to sub-licensees in all countries in the White Space Territory.
Recording of Sales. Licensee acknowledges that the Business will be operated on a cash basis, with any credit card, Resort Hotel charge, Universal Scrip, traveler’s check or personal check transaction being deemed to be the same as cash. Each payment on a credit card, Resort Hotel room charge, Universal Scrip, personal check or traveler’s check will be treated as a sale for the full price in cash during the week in which such safe is initially made, irrespective of the time when UCDP actually receives payment (whether full or partial) from the applicable credit card agency or bank or Resort Hotel, and no deduction will be allowed for uncollected or uncollectible credit card, Resort Hotel room charge, personal check or traveler’s check sales. UCDP will record, at the time of purchase or other transaction, each and every sale and transaction from the operation of the Business at the time of the transaction, whether cash, Universal Scrip, or credit, in a cash register or registers furnished by UCDP at UCDP’s sole cost and expense. The cash register will be equipped with credit card reading and approval devices and shall have a sealed continuous cash register tape with a cumulative totals that numbers, records, and duplicates each transaction entered into the register, or such other type of cash register as UCDP may deem proper. The continuous tape will be sealed or locked in such a manner that it is not accessible to the person operating the cash register in the usual course of the days business. Each day, UCDP will retain the daily cash register detail tape for each cash register and a copy of the daily sales reports showing Licensee’s sales processed through such register, which will reflect, among other things, the Gross Receipts rung up on each register. The foregoing will be submitted daily during the Term to the Finance Department (i.e. Revenue Accounting) of UCDP or such other department as selected o by UCDP. In addition, UCDP shall furnish UCDP’s Finance Department with copies of all over-rings and voids which have been generated by the Business. If Licensee and UCDP are sharing space at any Location, the daily operating and cash handling procedures may be changed, amended or altered, in a manner mutually agreeable to the parties should either party determine that the daily operating and cash handling procedures are networking in the best interest of the parties.
Recording of Sales. Information other than Sales Information generated by mail order sales, such as cash advances and collection of past accounts receivable;
Recording of Sales. In the course of carrying out its business within the leasehold premises, the Tenant shall make and keep a record of any and all sales or other transactions that occur during business hours.
Recording of Sales. Each party shall solicit and accept orders for, and ship and invoice sales of, its Product from and to third parties within the Co-Marketing Territory upon such terms and conditions as such party shall establish.
Recording of Sales. API shall solicit and accept orders for, and ship and invoice sales of, the Product from and to third parties in all countries within the Potential Co-Promotion Territory at prices to be established solely by API.
Recording of Sales. Sales shall be defined as transactions completed in accordance with Rules and Regulations governing the operation of each of the Parties respective business. For instance, for credit card transactions, no payment shall be paid on Sales or orders for Services canceled, or cancellation settlements. Such Rules and Regulations shall be applied to the standard employed by the Audit Committee in determining the profit and loss of the operation of this business conducted between the Parties.