Costs of Co-Promotion Sample Clauses

Costs of Co-Promotion. The Parties acknowledge that because XenoPort has exercised its Co-Promotion Option on the Option Exercise Date as provided in Section 5.2(a), then as of the Option Exercise Date and continuing until [… * …], the Parties shall [… * …], notwithstanding that the Co-Promotion Commencement Date did not occur as of the Option Exercise Date or Restatement Effective Date and may not occur prior to the First Commercial Sale. If XenoPort commences the Co-Promotion and Detailing of the Product by the Co-Promotion Commencement Date, GSK shall [… * …] in accordance with the Co-Promotion Plan [… * …]. Such [… * …]. * CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
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Costs of Co-Promotion. (a) Except as otherwise expressly set forth in this Agreement, the parties shall each bear the costs and expenses of their respective sales forces (including salaries, commissions and the like) and their own internal marketing costs. (b) For the period beginning on the Co-Promotion Date and continuing until the earlier of December 31, 1998 or the date on which the Profits paid to MGI for sales of Products during four (4) consecutive quarters exceed *** except as otherwise expressly set forth in this Agreement, (i) Schein shall pay all of Schein's out-of- pocket expenses incurred in co-promoting the Product, excluding the expenses set forth in Section 7.7(a), and (ii) Schein shall reimburse MGI fifty percent (50%) of MGI's out-of-pocket expenses incurred in co- promoting the Product, excluding the expenses set forth in Section 7.7(a). (c) Beginning on the earlier of January 1, 1999 or the date on which the Profits paid to MGI for sales of Products during four (4) consecutive quarters exceed *** except as otherwise expressly set forth in this Agreement, Schein and MGI shall share equally all out-of- pocket expenses incurred in co-promoting the Product, excluding the expenses set forth in Section 7.7(a). *** Denotes confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. (d) Upon request, MGI and Schein shall provide each other with invoices and other written documentation in order to document their respective out-of-pocket expenses. (e) MGI will implement a bonus system for the Product for MGI's sales force that is proportional to MGI's total bonus system for its sales force, based on a ratio, the numerator of which is *** and the denominator of which is MGI's total details for such calendar year.
Sample 1
Costs of Co-Promotion. Except for costs (a) agreed to be shared by the Parties pursuant to Sections 1.18.5 and 1.18.7 or (b) incurred in connection with the activities of the PT related to setting forth in the U.S. Commercialization Plan and coordinating the execution of Co-Promotion activities, each Party shall bear all its own costs and expenses in connection with fulfilling its obligations and exercising its rights to Co-Promote hereunder, including recruitment, compensation, benefits, overhead expenses and deployment costs for Sales Force personnel engaged in Co-Promotion pursuant to ARTICLE 7 (the "Co-Promotion Costs").
Sample 1
Costs of Co-Promotion. Except as otherwise expressly set forth in this --------------------- Agreement, (i) the parties shall each bear the costs and expenses of their respective sales forces (including salaries, commissions and the like) and their own internal marketing costs and (ii) Schein and MGI shall share equally all other out-of-pocket expenses incurred in co-promoting the Product, excluding such sales force and internal marketing costs. Upon request, MGI and Schein shall provide each other with invoices and other written documentation in order to document such expenses. MGI will implement a bonus system for the Product for MGI's sales force that is proportional to MGI's total bonus system for its sales force, based on a ratio, the numerator of which is *** and the denominator of which is MGI's total details for such calendar year.
Sample 1

Related to Costs of Co-Promotion

  • Sales Promotions In addition to decreasing prices for the balance of the Contract term due to a change in market conditions, the Contractor may conduct sales promotions involving price reductions for a specified lesser period. The Contractor must submit documentation identifying the proposed: (1) starting and ending dates of the promotion, (2) commodities or contractual services involved, and (3) promotional prices compared to then-authorized prices.

  • Sales Promotion Promote and use its reasonable endeavours to increase sales of the Supplier/ Principal ATOL holder's Travel Arrangements to existing and potential clients;

  • Development Costs Licensee shall be responsible for all of its costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Products in the Field in the Territory.

  • Costs of Collection In the event that after an Event of Default and during the continuance thereof: (a) the Note or any of the Loan Documents is placed in the hands of an attorney for collection or enforcement or is collected or enforced through any legal proceeding; (b) an attorney is retained to represent Lender in any bankruptcy, reorganization, receivership, or other proceedings affecting creditors’ rights and involving a claim under the Note or any of the Loan Documents or (c) an attorney is retained to protect or enforce the lien or any of the terms of this Agreement, the Pledge Agreement or any of the Loan Documents, then, in any such instance, Borrower shall pay to Lender all reasonable attorneys’ fees, costs and expenses actually incurred in connection therewith, including costs of appeal, together with interest on any judgment obtained by Lender at the Default Rate.

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Business and Entertainment Expenses Subject to Company’s standard policies and procedures with respect to expense reimbursement as applied to its executive employees generally, Company shall reimburse Executive for, or pay on behalf of Executive, reasonable and appropriate expenses incurred by Executive for business related purposes, including dues and fees to industry and professional organizations and costs of entertainment and business development.

  • Reimbursement of Costs Incurred The Contractor agrees to reimburse the Authorized User promptly for any and all additional costs and expenses incurred for acquiring acceptable services, and/or replacement Product. Should the cost of cover be less than the Contract price, the Contractor shall have no claim to the difference. The Contractor covenants and agrees that in the event suit is successfully prosecuted for any default on the part of the Contractor, all costs and expenses, including reasonable attorney’s fees awarded by a court of competent jurisdiction, shall be paid by the Contractor.

  • Reimbursement of Costs City may reimburse Consultant’s out-of-pocket costs incurred by Consultant in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Consultant shall be responsible for any and all out-of-pocket costs incurred by Consultant in the performance of the Required Services.

  • Documentation of Costs All costs shall be supported by properly executed payrolls, time records, invoices, contracts, or vouchers or other official documentation evidencing in proper detail the nature and propriety of charges. All checks, payrolls, invoices, contracts, vouchers, orders, or other accounting documents pertaining in whole or in part to this Agreement shall be clearly identified and readily accessible.

  • Reimbursement of Costs and Expenses Seller shall have paid, or reimbursed Purchaser for, all reasonable and documented out-of-pocket expenses, including but not limited to reasonable legal fees of outside counsel and reasonable and due diligence fees, actually incurred by Purchaser in connection with the development, preparation and execution of this Agreement, the other Transaction Documents and any other documents prepared in connection herewith or therewith.

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