Define:

Net Sales Value

The meaning of “

Net Sales Value

” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Net Sales Value

" in your document?

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What is the most popular definition of '

Net Sales Value

'?

the invoiced price of a Licensed Product sold at arm's length or, where the sale is not at arm's length, the price that would have been invoiced if the sale had been at arm's length, after deducting:normal trade discounts and credits given;the costs of carriage, insurance, freight and packaging if charged separately to the customer; andimport duties and sales taxes actually paid by the Licensee or its sub-licensee;

Sample Patent Knowhow License (Lambert)

This legal template, titled "Sample Patent Knowhow License (Lambert) under UK law," is a standardized document designed to outline the terms and conditions for the licensing of patent-related knowhow. It specifically pertains to licensing agreements falling within the jurisdiction of the United Kingdom.

The template would likely cover various aspects of the licensing agreement, including the identification of the parties involved, such as the licensor (the owner of the patent) and the licensee (the entity seeking to use the patented knowhow). It would also outline the scope of the license, specifying the exact patent or patents that are being licensed, as well as any accompanying knowhow or trade secrets provided by the licensor.

Additionally, the template would cover topics related to the rights and obligations of both parties. This might include details about the licensee's usage rights, restrictions on sublicensing, confidentiality requirements, and any specific restrictions on exploitation. The template may also address issues such as indemnification, termination, and dispute resolution mechanisms, all within the context of the UK legal framework.

Given that it is a sample template, it is likely designed to serve as a starting point for future licensing agreements. Users of the template would be expected to tailor and modify its provisions to suit their specific needs and circumstances. It is essential for users to consult with legal professionals to ensure compliance with current UK patent and contract law while adapting the template to their particular licensing requirements.
Contract template sketch
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The 2nd most popular definition of '

Net Sales Value

' is:

The 3rd most popular definition of '

Net Sales Value

' is:

The 4th most popular definition of '

Net Sales Value

' is:

The 5th most popular definition of '

Net Sales Value

' is:

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