Commercial Event definition

Commercial Event means a scheduled function of a public nature including, but not limited to arts and crafts shows, antique shows, concerts and theatrical and other performances where fees are charged to vendors or members of the public for participation and/or admission.
Commercial Event means an event taking place on premises with the purpose of promoting the sale of a product or service;
Commercial Event means a concert, live show, or other entertainment performed at the Complex for profit, but specifically excluding civic and public events.

Examples of Commercial Event in a sentence

  • If the Net Sales of all Products within the Territory in any Calendar Year reach any of the following levels within the time period specified for such level, Wyeth shall make the one-time payment indicated below for achievement of such Commercial Event (each, a “Commercial Payment”).

  • Dermelix will deliver written notice to Exicure within thirty (30) days after the end of the Calendar Year in which a Commercial Event Milestone occurs.

  • In the event any Development Event Payments (as described in Section 7.2) or Commercial Event Payments (as described in Section 6.3) are triggered by Roche Products achieving the associated development or commercial event, such payments shall be made to BioCryst as if such payments were due for a Licensed Product.

  • For avoidance of doubt, should Net Sales of Products first achieve any applicable Commercial Event in any Calendar Year ending after the applicable time period specified for achievement of such Commercial Event, under no circumstances shall any Commercial Payment be payable with respect to such achievement.

  • The development and commercial event payments under this Section 9.7 shall be paid ***, as follows: Development and Commercial Event The 1st Product to Reach Milestone Event (Standalone Initial Compound Product or Product containing a combination of an Initial Compound and an Option Compound) Million US$ Standalone Option Compound Product Million US$ Each milestone in the table shall be paid ***.


More Definitions of Commercial Event

Commercial Event means an event taking place on premises zoned for business purposes with the purpose of promoting the sale of a product or service;
Commercial Event means an event open to or restricted to public participation where the sole purpose is to generate a profit for the organizer/organization.
Commercial Event means any event primarily seeks to promote, advertise, or introduce a product, service, brand or company to the public. It may or may not involve any sales or sampling activities. This definition applies even if ticket proceeds are donated to a charity, if the brand has a dominating role in the event.
Commercial Event means an event for which an entrance fee, other than a statutory fee, is charged;
Commercial Event means an event or gathering of people, or the marketing or advertising thereof, where a fee is charged in exchange for allowing an event or gathering on the property.
Commercial Event means a special event held where a fee is charged for attendance or that is held for the purpose of business or otherwise for profit or gain;
Commercial Event means any public or private event or gathering that: