Average Selling Price

Average Selling Price. Or ASP means the weighted average selling price, based on the invoice price, less discounts, sold to Customers during the two calendar quarters prior to the date of sale of Phosphors to SemiLEDs, or LED Chips to Intematix, whichever applicable. The ASP may vary depending on the Specific Territory.

Average Selling Price. Means the total amount, in dollars (based upon the first sale to arms-length customers), for a device, sensor, accessory or other product divided by the number of devices, sensors, accessories or other products sold during the relevant period, or quarterly if not otherwise stated, on a product-by-product basis.