Setting of Estimated Manufacturing Fees for a Calendar Year Sample Clauses

Setting of Estimated Manufacturing Fees for a Calendar Year. At least thirty (30) days prior to the beginning of Calendar Year 2010 (and each Calendar Year thereafter), Gilead shall provide to Tibotec an estimated Manufacturing Fee for each Manufacturing Stage for such Calendar Year, together with reasonable documentation with respect thereto. Such estimated Manufacturing Fee for such Manufacturing Stage shall constitute the Manufacturing Fee for purposes of invoicing of Manufacturing Fees for Units of Territory Combination Product for which such Manufacturing Stage is completed during the Calendar Year, subject to the end of Calendar Year true-up as set forth in Section 10.3 of the Agreement and any other adjustments expressly set forth in the Agreement or any Ancillary [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. CONFIDENTIAL TREATMENT REQUESTED UNDER 17 C.F.R. §§ 200.80 (b)(4) AND 230.406 Agreement. To the extent that products or services covered by the Manufacturing Fee are expected to be sourced from multiple vendors in a given year, the estimated Manufacturing Fee for such year shall, to that extent, represent a weighted average standard based on expected sourcing. Any amount invoiced to Tibotec pursuant to Section 10.2 of the Agreement during the period from January 1 through February 15 of a Calendar Year for its portion of any Manufacturing Fees shall be recalculated promptly based on Tibotec’s current Working Percentage for such Calendar Year (rather than the prior Calendar Year’s Working Percentage) and the Parties shall make reconciling payments or issue credit notes, as appropriate, promptly following such recalculation (or as otherwise agreed by the Parties in writing) to effect the result of such modified calculations.
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Related to Setting of Estimated Manufacturing Fees for a Calendar Year

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  • Development Expenses Bionics will reimburse the Company for all reasonable expenses directly associated with the development of the Lead for Bionics (including, without limitation, costs associated with animal studies and human trials), when the Company submits a request to Bionics for approval prior to incurring such expenses and such expenses are incurred with Bionics’ written approval, provided receipts for such expenses are submitted to Bionics within 30 days after such expenses are incurred. Upon receiving a request for expense authorization from the Company, Bionics will indicate to the Company whether the requested expense is authorized within 15 days for expenses up to $1,000 and within 30 days for expenses over $1,000. Bionics will reimburse the Company within 30 days of receiving reasonably detailed invoices describing the Company’s authorized expenses under this Agreement. The Company will provide those invoices to Bionics within 15 days after the end of each month in which the Company incurs any authorized expense.

  • Supply Price In event BTC exercises the Supply Option, the Supply Agreement shall afford Auxilium supply terms for Year 1 that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for the year immediately preceding the Supply Date and supply terms for each successive year that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for each preceding year as applicable.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

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  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

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