Examples of Buyer Rights Chain Group in a sentence
The Buyer shall provide written notice to the Representative within five (5) Business Days of submission by the Buyer or any member of the Buyer Rights Chain Group of (i) any BLA to the FDA and (ii) any MAA to the EMA, in each case in respect of the Fibrocaps Products.
If Buyer or the applicable member of the Buyer Rights Chain Group breaches its obligation under clause (A) to conduct the first dosing for either the UTI Study or the Resistance Study by [**], but not for both, then, as Buyer’s sole and exclusive liability and Company Equityholders’ sole and exclusive remedy for such breach, the Milestone Termination Date for purposes of Milestone #7 and #8 shall be extended by six months to [**] and [**], respectively.
Buyer shall, and shall cause the other members of the Buyer Rights Chain Group to, maintain reasonable documentation, consistent with good scientific and medical practices and applicable Laws, regarding development activities relating to the Product and the Product Candidates.
Following the Closing, the Buyer shall, and shall cause its Affiliates (including the Surviving Corporation) and the other members of the Buyer Rights Chain Group to, use Commercially Reasonable Efforts to achieve each of the Developmental Milestones with respect to the Lead Product Candidate and to commercialize the ENB-0040 Product for HPP in each country in which the ENB-0040 Product receives Regulatory Approval for the treatment of HPP.
Subject to the terms and conditions of this Agreement, including Section 2.12.3, Buyer shall make the following Milestone Payments if the corresponding event is achieved by any member of the Buyer Rights Chain Group with respect to the further development of the Taligen Compounds for Non-Ophthalmic Indication (the “Non-Ophthalmic Milestones” and together with the Ophthalmic Milestones, the “Milestones”).
Subject to the terms and conditions of this Agreement, Buyer shall make the payments (each a “Milestone Payment”) set forth in Sections 2.6(a)(i) through 2.6(a)(viii) below to the Company Equityholders upon the first achievement by a member of the Buyer Rights Chain Group of the relevant “Milestone” listed under Sections 2.6(a)(i) through 2.6(a)(viii) below (each, a “Milestone”).
Subject to the terms and conditions of this Agreement, including Section 2.12.3, Buyer shall make each of the following Milestone Payments if the corresponding event is achieved by any member of the Buyer Rights Chain Group with respect to the further development of the Taligen Compounds for Ophthalmic Indications (the “Ophthalmic Milestones”).
Following the Closing, the Buyer shall, and shall cause its Affiliates (including the Surviving Corporation) and the other members of the Buyer Rights Chain Group to, use Commercially Reasonable Efforts to achieve each of the Developmental Milestones with respect to the Lead Product Candidate and to commercialize the ENB-0040 Product for HPP in each country in which the ENB-0040 Product receivesRegulatory Approval for the treatment of HPP.
Net Sales shall be calculated in accordance with United States generally accepted accounting principles (“GAAP”) as consistently applied by the applicable Buyer Rights Chain Group member across all of its products.
Sales or other commercial dispositions of a Product among members of the Buyer Rights Chain Group for resale shall be excluded from the computation of Net Sales; provided, however, that any subsequent sale of a Product by any member of the Buyer Rights Chain Group to another person or entity that is not a member of the Buyer Rights Chain Group shall be included within Net Sales.