Actual Annual Yield definition

Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a);
Sample 1Sample 2Sample 3
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:
Sample 1Sample 2
Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a); [* * *]
Sample 1Sample 2

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.

  • It shall not constitute a material breach of this Agreement by Patheon, for the purposes of Section 8.2(a), if the Actual Annual Yield is less that the Target Yield.

  • If the Actual Annual Yield falls more than [**] percent below the respective Target Yield in a Year, then the shortfall for such Year (the "Shortfall") shall be determined based on the following calculation: [**] The Shortfall shall be disclosed by Patheon to the Client on the reconciliation report prepared in the form annexed hereto as Schedule I.

  • 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.


More Definitions of Actual Annual Yield

Actual Annual Yield. (I) ((E/D) * 100) Shortfall: $_______________________ (J) (((H - 3 - I)/100) * G * D) (if a negative number, insert zero) Reimbursement calculation:
Sample 1
Actual Annual Yield has the meaning given in Section 5.4.1.
Sample 1
Actual Annual Yield has the meaning set forth in Section 7.5.2.
Sample 1
Actual Annual Yield or “AAY” will have the meaning provided in Section 4.2(b) of this Agreement.
Sample 1
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:
Sample 1
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.
Sample 1
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:
Sample 1