Commercial Introduction definition

Commercial Introduction means, on a country-by-country basis in the Territory, the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Licensed Product by GNE, its Affiliates or any sublicensee in such country.

Commercial Introduction means the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Ganglioside Vaccine by Progenies Pharmaceuticals, Inc.

Commercial Introduction means on a country-by-country basis the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Licensed Product by Progenics or its sublicensees in such country.

Examples of Commercial Introduction in a sentence

• After the date of Commercial Introduction of each Licensed Product, all royalty payments for such Licensed Product shall be made within sixty (60) days after the end of each calendar quarter in which such sales were deemed to occur.

• Prior to the anticipated First Commercial Introduction of a Product anywhere in the Territory, Spectrum shall discuss with the JDC its marketing plan for the Product, which shall include Spectrum's plans for and activities related to advertising, labeling, marketing, promotion, sales and distribution of such Product throughout the Territory.

• After the date of Commercial Introduction of the first Licensed Product, all royalty payments shall be made within ninety (90) days after the end of each calendar quarter in which such sales were deemed to occur.

• At SG's request hereunder (which shall not be made more frequently than once per year during the Term of this Agreement after the first Commercial Introduction of a Licensed Product and for three (3) years following expiration or termination of this Agreement), the accountant shall be entitled to review, the then-preceding three (3) years of GNE's records for purposes of verifying GNE's royalty calculations.

• After the date of Commercial Introduction of the first Licensed Product, GNE shall keep for at least three (3) years following the end of the calendar year to which they pertain records of all sales of Licensed Products, in sufficient detail to permit SG to confirm the accuracy of GNE's royalty calculations.

More Definitions of Commercial Introduction

Commercial Introduction means the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Melanoma Vaccine by CancerVax, Inc.

Commercial Introduction in a given country shall mean the date upon which ACORDA or one or more Licensees (as defined hereunder) have first achieved Net Sales in such country following the final issuance of all required licences and approvals by the United States Food and Drug Administration (“FDA”) (or equivalent licences and approvals in countries other than the United States) allowing for the manufacture and sale of a Product for human use.

Commercial Introduction means the date of first commercial sale of a Licensed Product by Genentech.

Commercial Introduction of Licensed Product(s) means, on a country-by-country and Licensed Product-by-Licensed Product basis in the Territory, the date of first commercial sale (other than for purposes of obtaining Regulatory Approval) of a Licensed Product by Genentech, or any of its third party sublicensees in an arms'-length transaction to an independent Third Party in such country after obtaining all necessary Regulatory Approvals; provided that such Licensed Product(s) are neither units provided for evaluation purposes nor free units for indigent persons.

Commercial Introduction of Licensed Product(s) means, on a country-by-country and Licensed Product-by-Licensed Product basis, the date of first commercial sale of a Licensed Product by Alnylam or its Affiliates in an arms'-length transaction to an independent third party in such country after obtaining all necessary Regulatory Approvals; provided that such Licensed Product(s) are neither units provided for evaluation purposes nor free units for indigent persons.

Commercial Introduction means the date upon which LPT or one or more Affiliates or Licensees (as defined hereunder) first achieves Net Sales following the final issuance of all required licenses and approvals by the United States Food and Drug Administration (“FDA”) (or equivalent licenses and approvals in a country other than the United States) allowing for the manufacture and sale of a Licensed Product for human use.

Commercial Introduction of any Product, means the first sale for use or consumption by the general public of such Product in a country within the Territory after required marketing and, if required, pricing approval has been granted by the governing health authority of such country.