Initial Products. In the event that Ethicon assumes the responsibility for the manufacture of an Initial Product pursuant to Section 7(1), then Ethicon shall pay to Focal on a country by country basis in the Territory the following royalties:
Initial Products. Focal shall provide to Ethicon reasonable quantities of an Initial Product that is not intended for Commercial Use at a cost equal to Focal's Direct Cost to supply such Initial Product; provided, however, that Ethicon shall not pay Focal less than [*] per unit or per unit or more than [*] per unit for such Initial Product.
Initial Products. 1. The Purchase Price for Initial Products intended for Commercial Use purchased prior to that date which is the second anniversary of the First Commercial Sale of the first Initial Product in any country in the E.U. shall equal [*] of the Net Selling Price of such Initial Product; provided, however, that if Focal's Direct Cost of supplying such Initial Product to Ethicon is greater than [*] of the Net Selling Price of such Initial Product, then the Purchase Price shall equal [*]. Notwithstanding the foregoing, and any provision in this Agreement pursuant to which the Purchase Price is subject to a reduction, in no event shall the Purchase Price be less than [*] per unit of such Initial Product.
Initial Products. Merck shall pay to Acumen the milestone payments identified in this Section 6.4.1 below, each within thirty (30) days after the first occurrence of the corresponding milestone, for the first Antibody Product and, if the Vaccine Option has been exercised, the first Vaccine Product to reach such milestone: Development Milestones Payment Amount [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
Initial Products. During the term of this Agreement, Distributor shall cause the Initial Product Qualified Revenues for each Contract Year to equal or exceed the following amounts ("Minimum Initial Product Revenue"): ***CONFIDENTIAL TREATMENT REQUESTED Contract Year Ending December 15, Minimum Qualified Revenue --------------------------------- --------------------------- 2002 $[ *** ] 2003 $[ *** ] 2004 $[ *** ] 2005 $[ *** ] 2006 $[ *** ] 2007 $[ *** ] 2008 $[ *** ] 2009 $[ *** ] 2010 $[ *** ] 2011 and thereafter $[ *** ] Notwithstanding the foregoing, however, Distributor may permit the Initial Product Qualified Revenues to be less than the Minimum Initial Product Revenue in any Contract Year and in lieu thereof pay to Diamond an amount equal to the difference between such Minimum Initial Product Revenue and the actual Initial Product Qualified Revenues for such Contract Year (the "Additional Initial Product Payment"). If an Additional Initial Product Payment is due hereunder for any Contract Year, and not paid by Distributor within thirty (30) days after the end of such Contract Year, Distributor's exclusivity rights under Section 1.02 of this Agreement shall automatically terminate with respect to all Initial Products (but not other Products, subject to Section 3(a) of this Amendment). Distributor's distribution rights shall then continue with respect to all Initial Products on a non-exclusive basis consistent with Section 3(a) subject to all the remaining terms of this Agreement not inconsistent therewith, which shall remain in full force and effect.
Initial Products ecoSPIRITS shall supply, and Brand Partner shall purchase the Initial System Package in accordance with the terms and conditions of this O&O Terms & Conditions. ecoSPIRITS shall be entitled to invoice Brand Partner for the Initial System Package once the Initial System Package is ready for dispatch and Delivery.
Initial Products. Product Style Big Wave Golden Ale Golden Ale Longboard Lager Munchner-style Helles / Lager Fire Rock Pale Ale American-Style Pale Ale Duke’s Blonde Ale Blonde Ale Lavaman Red Ale American-Style Amber / Red Castaway IPA American-Style IPA Lilikoi Wheat Ale American-Style Fruit Wheat Beer Black Sand Xxxxxx Robust Xxxxxx Da Grind Buzz Kona Coffee Imperial Xxxxx Coffee Imperial Xxxxx Hiwahiwa Imperial Xxxxx Imperial Xxxxx Hula Hefeweizen Bavarian-Style Weissbier Menehune Marzen Marzen — Dark Lager Old Blowhole Barleywine Barleywine Summer Solstice Saison Belgian Summer Ale Aloha Altbier Altbier Big Island Ginger Ginger Small Beer Cask-ade Cask Conditioned IPA Smokin Hot Rock Chili pepper pale ale
Initial Products. Oscor agrees to manufacture and sell to Northstar so many of the Products as Northstar shall order in accordance with this Agreement. Oscor shall manufacture, package and ship Products according to the Specifications and Purchase Forecasts referred to in this Agreement.
Initial Products. The Parties intend and agree to Develop and Commercialize the Initial Products as outlined in this Agreement and in accordance with the applicable Work Plan for each Product. Such ‘Initial Products’, which are FOBs, are: (a) [**] referred to as [**] for which [**] is the reference brand product and (b) [**] referred to as [**] is the reference brand product.
Initial Products. Dermalastyl B Face Cream Jar 1oz. DermaLastyl Bx Pro Fromula 1.7 Oz Facial Scrub 1.7 oz Dermalastyl E-Eye serum Jar .5 oz Wrinkle Eye Radicator Tube .5 oz. Anti Wrinkle Aftershave EXHIBIT B CURRENT COST FOR INITIAL PRODUCTS Dermalastyl B Face Cream Jar 1oz. $2.22 DermaLastyl Bx Pro Formula 1.7 Oz $5.59 Facial Scrub 1.7 oz $1.37 Dermalastyl E-Eye serum Jar .5 oz $2.67 Wrinkle Eye Radicator Tube .5 oz. $2.67
