Calendar Quarter definition

Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

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Calendar Quarter means each successive period of three (3) calendar months commencing on January 1, April 1, July 1 and October 1, except that the first Calendar Quarter of the Term shall commence on the Effective Date and end on the day immediately prior to the first to occur of January 1, April 1, July 1 or October 1 after the Effective Date, and the last Calendar Quarter shall end on the last day of the Term.

Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31; provided, however, that (a) the first Calendar Quarter of the Term shall extend from the Effective Date to the end of the first complete Calendar Quarter thereafter; and (b) the last Calendar Quarter of the Term shall end upon the expiration or termination of this Agreement.

Examples of Calendar Quarter in a sentence

In no event shall the operation of Section 9.6.3(a) ([***]) and Section 9.7 (Third Party Technology), individually or in combination, reduce the royalties paid to GenSci with respect to the Net Sales of any Licensed Product in any country in the Territory in any Calendar Quarter to less than [***]% of the amount that would otherwise have been due pursuant to Section 9.6.1 (Royalty Rate) with respect to such Net Sales.
If no royalties are due for any Calendar Quarter hereunder following the First Commercial Sale of a Licensed Product, Yarrow will so report.
Yarrow shall notify GenSci of the achievement of any Commercial Milestone Event within [***] after the end of the Calendar Quarter in which such Commercial Milestone Event is achieved, and GenSci may issue an invoice to Yarrow in respect of the same.
Novo Nordisk will notify ▇▇▇▇▇▇ in writing of the achievement of a Sales Milestone Event by Novo Nordisk or its Affiliates, licensee, assignee, or Sublicensees no later than [***] days after the end of the Calendar Quarter in which such Sales Milestone Event is achieved.
With respect to any Licensed Product, country, and [***], the operation of Sections 7.4(c)(i) through 7.4(c)(iii), individually or in combination, will not reduce the Royalty Payments owed to Sermonix by more than [***] of the Royalty Payments otherwise payable to Sermonix under Section 7.4(a) with respect to such Licensed Product in such country during such Calendar Quarter.

More Definitions of Calendar Quarter

Calendar Quarter means the three-month period ending on the last day of March, June, September, or December.

Calendar Quarter means each of: the period beginning on and including January 1 and ending on and including March 31; the period beginning on and including April 1 and ending on and including June 30; the period beginning on and including July 1 and ending on and including September 30; and the period beginning on and including October 1 and ending on and including December 31.

Calendar Quarter or “Quarter” means a period of three (3) consecutive Calendar Months commencing on the first day of January, April, July and October of each Calendar Year.

Calendar Quarter means a quarterly period (a) for the first such period, beginning on the Commencement Date and ending on the last calendar day of either March, June, September or December, whichever is the first to occur after the Commencement Date, and (b) for quarterly periods thereafter, beginning on the first calendar day of the calendar month immediately after the month that ended the prior period and ending on the last calendar day of each successive three-calendar-month period thereafter (i.e., each March, June, September and December, starting in the applicable order depending on the ending date of first such period) of any year.

Calendar Quarter. A Calendar Quarter shall consist of one of the following time periods in any given year: January 1 through March 31, April 1 through June 30, July 1 through September 30, and October 1 through December 31.

Calendar Quarter means the period beginning on the Effective Date and ending on the last day of the calendar quarter in which the Effective Date falls, and thereafter each successive period of three (3) consecutive calendar months ending on March 31, June 30, September 30 or December 31.

Calendar Quarter each three month period starting on each January 1, April 1, July 1, and October 1, during the term of this Agreement.