Commercialization Date definition

Commercialization Date means the earlier of (a) December 31, 2006 or (b) the date of the First Commercial Sale in a Major Pharmaceutical Market.
Commercialization Date means for each Selected Compound the first day of the calendar quarter immediately following the date of […***…] such Selected Compound to be sold […***…]
Commercialization Date means, with reference to a CoSeal Unit in existence as of the Effective Date, the occurrence of either of the following events without regard to order: (a) with regard to the United States, the date of FDA approval to manufacture at a manufacturing facility by or on behalf of Baxter, but excluding an AAC facility, or (b) with regard to the European Union, the date of the acceptance of the change notification by the notified body. The first of these events to occur shall be referred to herein as the “First Commercialization Date,” and the second of these events to occur shall be referred to herein as the “Second Commercialization Date.”

Examples of Commercialization Date in a sentence

  • The Parties acknowledge and agree that, subject to Applicable Law, each of Ester and Loop shall not Transfer or attempt to Transfer any of the Securities held by them until a period of 5 (five) years from the Commercialization Date (hereinafter be referred to as the “Lock-In Period”).


More Definitions of Commercialization Date

Commercialization Date means the date of the first commercial sale of a Product in a Major Market following Regulatory Approval.
Commercialization Date means the date on which LICENSEE first invoices any customer for any LICENSED PRODUCT, which shall not be later than thirty (30) days after LICENSOR has approved the last of (a) labeling for each of the initial LICENSED PRODUCTS submitted by LICENSEE in accordance with clause 2.3, (b) the RECIPE INFORMATION for each of the initial LICENSED PRODUCTS submitted by LICENSEE in accordance with clause 12.1(a), (c) the specifications for the APPROVED CONTAINERS submitted by LICENSEE in accordance with clause 12.6, (d) the statement of LICENSEE’s recall and withdrawal procedures submitted by LICENSEE in accordance with clause 12.11, (e) the statement of LICENSEE’s Consumer Inquiries procedures submitted by LICENSEE in accordance with clause 12.13, and (f) the certificates of insurance submitted by LICENSEE in accordance with clause 14.2.
Commercialization Date with respect to the Product, shall mean the date on which the Product is first sold by Dexcel to an unaffiliated Third Party in the Territory (“Launch”).
Commercialization Date means the date on which the manufacturing and commercial production of JV Products (as defined hereunder) is commenced by the JVCo, pursuant to the implementation of the Project; “Committed Capital” shall have the meaning ascribed to it under in Clause 4.3; “Committed Capital Default” shall have the meaning ascribed to it under in Clause 4.8.1; “Committed Capital Default Cure Period” shall have the meaning ascribed to it under Clause 4.8.4; “Committed Capital Default Securities” shall have the meaning ascribed to it under Clause 4.8.3(ii); “Committed Capital Defaulting Party” shall have the meaning ascribed to it under Clause 4.8.1(i); “Committed Capital Non-Defaulting Party” shall have the meaning ascribed to it under Clause 4.8.1(ii); “Committed Shortfall Amount” shall have the meaning ascribed to it under Clause 4.8.1(iii); “Confidential Information” shall have the meaning ascribed to it under Clause 14.1.1; “Control” or “Controlled by” or “Controlling” with respect to any Person, shall mean: (a) the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such person, whether through the ownership of voting securities, by agreement or otherwise or the power to elect more than one-half of the directors, partners or other individuals exercising similar authority with respect to such person; or (b) the possession, directly or indirectly, of a voting interest of more than 50% (fifty percent); “CP Dissatisfaction Notice” shall have the meaning ascribed to it under Clause 3.2.3;
Commercialization Date for the Solar Facility means groundbreaking on the Property for the development of the Solar Facility. CES shall notify Landowner promptly if and when the Commercialization Date occurs.
Commercialization Date means the earlier to occur of April 1 or September 1 following the first delivery to Superior of a commercially reasonable quantity of the first Product to be distributed by Superior. The twelve (12) month period following the Commercialization Date, and each subsequent annual anniversary thereof, shall be referred to as a “Year.” A “commercially reasonable quantity” shall mean the date Medis notifies Superior in writing of Medis’ present readiness to deliver at least 50,000 units per month thereafter.
Commercialization Date means the date upon which Commercialization has occurred as specially defined in Section 6.1(a) of this Agreement.