Define: Sales Price

How is Sales Price defined in a legal contract?

• Sales Price means the actual selling price of each share handled by the agent in line with this agreement. Seen in 360 SEC filings
• Sales Price means the total amount for which goods or services are sold. Seen in 149 SEC filings
• Sales Price means the actual selling price of each common share sold by BNYMCM on the primary market, in case of regular broker transactions, or as otherwise agreed between the parties in other selling methods. Seen in 132 SEC filings
• Sales Price means the actual selling price of each Forward Hedge Security or Issuance Security, depending on the case, sold by the Sales Agent or the Forward Seller on the NYSE in case of regular broker transactions, or as otherwise agreed between the parties in other selling methods. Seen in 112 SEC filings
• Sales Price means the total amount for which tangible personal property or services are sold, including any services that are a part of the sale, valued in money, whether paid in money or otherwise. It also includes any credit given to the buyer by the dealer, without making deductions for the cost of the sold property, used materials, labor, service costs, losses or other expenses. Seen in 50 SEC filings
• Sales Price means the price, determined by the Seller in a commercially reasonable manner, at which seller resells the SRECs or, if no sale occurs, the Market Price for such quantity of SRECs at or during the time that Buyer fails to accept the SRECs. Seen in 43 SEC filings

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 sales price' yourself to verify these results. We are always keen to point people to source documents.

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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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Genie Definition 1

Sales Price means the total amount for which goods, services or shares are sold, agreed upon by involved parties.

Relevant Contract Types

• Sales Contract
• Service Agreement
• Share Purchase Agreement
• Software License Agreement

Relevant Circumstances

• Negotiating the price of a good or service
• Finalizing a merger or acquisition
• Establishing the price of a company's share for investors
• Licensing a software product

Relevant Sectors

• Retail
• Technology
• Real Estate
• Finance

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Genie Definition 2

Sales Price means the market cost of [quantity] of [product] when a buyer fails to accept the items.

Relevant Contract Types

• Supply Agreement
• Sales Contract
• Purchase Order

Relevant Circumstances

• Supplying products to a business
• Returning or rejecting a shipment of goods
• Calculating the cost of unaccepted goods

Relevant Sectors

• Manufacturing
• Supply Chain
• E-commerce
• Retail

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