Qualifications for Minimum Payments Sample Clauses

Qualifications for Minimum Payments. As provided in this Section 8.5(b), the obligation of Sandoz to make Minimum Payments under Section 8.5(a) may under expressly specified conditions be tolled or otherwise adjusted. Where Sandoz’s obligations to make any Minimum Payments under Section 8.5(a) are being tolled, then the first period of time impacted by the tolling condition will be made longer and all subsequent Qualifying Time Periods referenced above will also be correspondingly delayed by such period of the tolling condition. (i) If at any time [*****], then Sandoz’s obligations to make any Minimum Payments under Section 8.5(a) shall be tolled until [*****]. When the period of such tolling ends, the schedule of remaining Minimum Payments under Section 8.5(a) shall recommence with dates adjusted to later points in time reflecting the overall total time period of such tolling for each remaining Minimum Payment under Section 8.5(a). For the avoidance of doubt, no tolling event described above shall have any impact on Sandoz’s obligations to make payments to Anacor under Section 8.4 above. (ii) Sandoz’s obligations to make any Minimum Payments under Section 8.5(a) shall also be tolled [*****]. If and when the period of such tolling ends, the schedule of remaining Minimum Payments under Section 8.5(a) shall recommence with dates adjusted to later points in time reflecting the overall total time period of such tolling for each remaining Minimum Payment under Section 8.5(a). For the avoidance of doubt, no tolling event described above shall have any impact on Sandoz’s obligations to make payments to Anacor under Section 8.4 above. (iii) If a [*****] under Section 8.5(b)(i) or any tolling event under Section 8.5(b)(ii) results in a materially adverse effect on the commercial prospects for the Product, including any loss in market share greater than [*****] of the total market for the Field as measured by [*****] (for example, from [*****] market share to [*****] market share), then the JSC shall promptly convene to adjust (i.e., reducing and/or spreading further over time, as applicable) any remaining Minimum Payments due under Section 8.5(a) to appropriately reflect the diminished commercial prospects for the Product caused by such circumstances.
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