Actual Annual Yield definition

Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a);
Actual Annual Yield or “AAY” will have the meaning ascribed thereto in Section 2.2.1(a);
Actual Annual Yield means the percentage of the Quantity Dispensed that was converted to Products for the Product at the Manufacturing Site in that Year and is calculated as follows:

Examples of Actual Annual Yield in a sentence

  • It will not be a material breach of this Agreement by Patheon under Section 8.2(a) if the Actual Annual Yield is less than the Target Yield.

  • In terms of the Agricultural year, it begins in April 2009 and ends on 31st March 2010.

  • Thereafter, Patheon shall strive to maintain Actual Annual Yield levels for each Product above the applicable Target Yield.

  • It will not be a material breach of this Agreement by Patheon under Section 8.2(a) if the Actual Annual Yield is less than the Target Yield unless the Actual Annual Yield is more than […***…]% below the Target Yield.

  • If Patheon has used commercially reasonable efforts to achieve the Target Yield and if the Actual Yield is not less than 80% of the Target Yield, it will not be a material breach of this Agreement by Patheon under Section 8.2(a) if the Actual Annual Yield is less than the Target Yield.


More Definitions of Actual Annual Yield

Actual Annual Yield. (I) (B/D) * 100) Shortfall: $__________________________ (J) (H - 3 - I) / 100) * G * D) (if a negative number, insert zero)
Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a); “Actual Yearly Volume” or “AYV” for each Product has the meaning specified in the applicable Product Agreement; "Affiliate" means:
Actual Annual Yield. (H) ((E ∕ D) * 100) [*] = 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. Master Manufacturing Services Agreement [*] Based on the foregoing reimbursement calculation Patheon will reimburse Client the amount of $ . Capitalized terms used in this report have the meanings given to the terms in the Agreement. DATE: PATHEON PHARMACEUTICALS INC. [or applicable Patheon Affiliate] Per: Name: Title:
Actual Annual Yield or “AAY” will have the meaning provided in Section 4.2(b) of this Agreement.
Actual Annual Yield has the meaning given in Section 5.4.1.
Actual Annual Yield has the meaning set forth in Section 7.5.2.
Actual Annual Yield has the meaning set forth for such term in the Patheon Agreement, or shall have such other meaning as agreed to in writing by the Parties.