Commercial Liabilities definition

Commercial Liabilities has the meaning set forth in the Financial Definitions Exhibit.
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Commercial Liabilities means, on a country-by-country basis, any Losses incurred by or on behalf of a Party or its Affiliates or Sublicensees in connection with a Third Party Claim in connection with the Research, Development, Commercialization or Manufacture of a Collaboration Product, including [***]. For purposes of Exhibit E, Commercial Liabilities shall also apply to Losses incurred by or on behalf of Moderna or its Affiliates or Sublicensees mutatis mutandis with respect to each Financial PCV or Financial SAV, as applicable.
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Commercial Liabilities means any and all liabilities and obligations relating to the Commercial Assets, including all obligations to fund Unfunded Advances under the Commercial Loans included therein, without regard to the date the commitment or commitments to fund such Unfunded Advances arose.
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Examples of Commercial Liabilities in a sentence

  • Termination of the Profit & Loss Share shall not relieve either Party from its obligation to share Shared Collaboration Costs (including any Commercial Liabilities) relating to the period up to the date of termination or expiration.

  • Any Delayed Ex-U.S. Commercial Liabilities that are included in the calculation of the Fixed Fee Retainer shall not be considered Delayed Ex-U.S. Commercial Liabilities as of the Closing Date and shall be paid in accordance with the provisions of SECTION 7.6 of this Agreement.

  • Any Delayed Ex-U.S. Commercial Liabilities that are included in the calculation of the Fixed Fee Retainer shall not be considered Delayed Ex-U.S. Commercial Liabilities as of the Closing Date and shall be paid in accordance with the provisions of Section 7.6 of this Agreement.