Define: Net Invoice

How is Net Invoice defined in a legal contract?

• Net Invoice means the total price set by the Supplier for all products sold to the Distributor, less any deductions such as discounts, allowances, and rebates, plus any activities involving promotions which the Distributor has agreed to join.
  Seen in 4 SEC filings.
• Net Invoice means the price on the invoice for the items bought, less any usual discounts and allowances.
  Seen in 1 SEC filing.
• Net Invoice means the total price mentioned in the invoice minus the shipping, freight, C.O.D., freight insurance charges, trade, promotional and other discounts, sales and use taxes, and charges for returned products.
  Seen in 1 SEC filing.
• Net Invoice means the total price set by Xxxxxx Nutrition for every Licensed Product sold to the Distributor during a specified period, after all discounts, bulks and rebates, plus any amount paid or due to the Distributor from Xxxxxx Nutrition during that period.
  Seen in 1 SEC filing.
• Net Invoice means the complete price at which an order is invoiced to a purchaser, less shipping and insurance costs, sales taxes, tariffs, duties, export fees, and commissions without counting any increase or decrease in the order amount.
  Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of net invoice’ yourself to verify these results. We are always keen to point people to source documents.

‍

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.

‍

Genie Definition 1

• Net Invoice means the total price for all products or services sold, less any deductions like discounts, allowances or rebates.

Relevant Contract Types

• Supply Agreement
• Purchase Agreement
• Sales Contract
• Service Contract
• Distributor Agreement

Relevant Circumstances

• Transactions involving sale of goods or services
• Agreements where discounts or allowances are applicable
• Large scale supply or distribution contracts

Relevant Sectors

• Retail
• Wholesale
• Manufacturing
• Services

‍

Genie Definition 2

• Net Invoice means the invoiced amount for an order, less shipping, insurance, taxes, tariffs, duties and any sales or trade fees.

Relevant Contract Types

• Export Contract
• Import Contract
• Freight Agreement
• International Sales Contract

Relevant Circumstances

• International trade deals
• Contracts involving import/export of goods or services
• Deals involving freight or shipping

Relevant Sectors

• International Trade
• Shipping and Freight
• Global Retail

‍