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net billings (Net Billings means all amounts invoiced in respect to the services provided by the Agent to the Customers relating to the installation, mapping, monitoring, and professional services provided to customers of the Company’s products and services under this Agency Agreement (other than the actual sale of the OptiCon software, and sales of the software maintenance, which are the object of a separate agreement) less actual discounts, credits, refunds and allowances made, freight, transportation, C.O.D., insurance and similar charges, and any applicable Value Added Tax or other similar taxes.: https://www.lawinsider.com/dictionary/net-billings Moonranger) |
