Examples of Agreement Quarters in a sentence
If ENDO is able to satisfy the shortfall in the first two Agreement Quarters of the subsequent Agreement Year, it shall be deemed to have satisfied its A&P Expense obligation for the previous Agreement Year and shall not be subject to any further penalties or obligations with respect thereto.
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With respect to the foregoing, XXXXXX-XXXXXXX shall maintain inventory of Products (a) for the first two Agreement Quarters of Agreement Year One for each Country, equal to six (6) months requirement (based on the then current Marketing Plan) and (b) for the final two Agreement Quarters of Agreement Year One and the remaining Agreement Years, equal to three (3) months requirement (based on the then current Marketing Plan).
Any termination by BMS under this Section 3.5.1.3 with respect to a shortfall in a given Agreement Year or two consecutive Agreement Quarters must be made by BMS by written notice delivered to Xxxxx within ninety (90) days after BMS is informed by Xxxxx in writing of such shortfall or breach.
Following the addition of such Professionals to the Depomed Physician List, the Baseline Percentage shall be adjusted to reflect prescriptions written by any such Professionals by adding to the then-current Baseline Percentage the quotient obtained by dividing (x) [***] prior to Depomed’s commencement of providing Details to such Professionals, by (y) [***], based on Prescriber Data for such two complete Agreement Quarters.
If the relevant Source data shows that, during the period of time commencing on October 1, 2013 and ending on September 30, 2014, the Quarterly Minimum Prescription Level has not been achieved with respect to any two (2) consecutive Agreement Quarters, then either Party shall have the right, upon […***…] days advance notice to the other Party, to terminate this Agreement in its entirety, subject to the consequences of such termination as set forth in Section 8.3 below.
The Term shall be automatically renewed for additional and successive six (6) calendar month periods (i.e., for additional periods spanning two (2) consecutive Agreement Quarters), unless either Party provides to the other Party, at least […***…] days prior to the end of the initial Term or any renewal Term, as applicable, written notice of its intention that this Agreement not be renewed for any additional period of time.
With respect to the foregoing, XXXXXX-XXXXXXX shall maintain inventory of Products (a) for the first two Agreement Quarters of Agreement Year One, equal to six (6) months (based on the then current Marketing Plan) and (b) for the final two Agreement Quarters of Agreement Year One and the remaining Agreement Years, equal to three (3) months (based on the then current Marketing Plan).
Any Charge-offs in excess of the net Incentive Share from one (1) Agreement Quarter will be subtracted from one (1) or more of the following Agreement Quarters.
Following the addition of such Professionals to the Depomed Physician List, the Baseline Percentage shall be adjusted to reflect prescriptions written by any such Professionals by adding to the then-current Baseline Percentage the quotient obtained by dividing (x) *** prior to Depomed’s commencement of providing Details to such Professionals, by (y) ***, based on Prescriber Data for such two complete Agreement Quarters.