Diagnostic Net Sales definition

Diagnostic Net Sales mean, with respect to sales or other dispositions of a Diagnostic Product, [*****] a) [*****] b) [*****] [*****] Research Collaboration and License Agreement (Tau) 3 CONFIDENTIAL FINAL EXECUTION VERSION [*****] [*****] [*****] [*****]
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Diagnostic Net Sales means, with respect to worldwide sales or other dispositions of a Companion Diagnostic, the total gross amount invoiced by Roche, Roche’s Affiliates or Roche’s Licenses to end users, distributors or agents in a bona fide arms-length transaction with an unrelated third party after deduction of (a) actual volume discounts, sales rebates, allowances, deduction of returns, (b) sales taxes (e.g. value added taxes) and other taxes directly linked to the sales (provided that such taxes are separately invoiced to such end users, distributors or agents) less the following lump sum deductions for:
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Diagnostic Net Sales means, with respect to worldwide sales or other dispositions of Diagnostic Product(s), the total gross amount invoiced by GlycArt, GlycArt’s Affiliates or GlycArt’s sublicensees to end users, distributors or agents in a bona fide arms-length transaction with an unrelated Third Party after deduction of (a) actual volume discounts, sales rebates, allowances, deduction of returns and (b) sales taxes (e.g. value added taxes) and other taxes directly linked to the sales but not profits (provided that such taxes are separately invoiced to such end users, distributors or agents), less the following lump sum deductions from the foregoing net amount for: Sales Expenses in the amount of [***] Reagent Rental Expenses in the amount of [***] Third Party Royalty Expenses In the event one or more Diagnostic Product(s) is/are sold together with one or more other diagnostic or therapeutic product(s) at a single price (such combination is hereinafter referred to as “Diagnostic Combination Product”), such single price shall be allocated among the Diagnostic Product(s) and the other product(s) in the Diagnostic Combination Product based on the market price for such products when sold separately. If any such Diagnostic Product is not being sold alone with a market price, ICT and GlycArt shall agree upon a fair market price for that Diagnostic Product solely. This price agreed upon shall be used to calculate Diagnostic Net Sales.
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Examples of Diagnostic Net Sales in a sentence

  • Within [*****] days following the end of the first calendar year in which Diagnostic Net Sales for such calendar year equal or exceed [*****] Genentech shall pay ACI [*****].

  • Xxxxxx shall pay royalties to Millennium on aggregate worldwide Xxxxxx Released Diagnostic Net Sales made during the term set forth in Section 9.4.4 of each Royalty-Bearing Xxxxxx Released Diagnostic as follows: Confidential Materials omitted and filed separately with the Securities and Exchange Commission.

  • All recoveries resulting from such legal proceedings shall be deemed to be Joint Product Net Sales of the Joint Product or Program Diagnostic Net Sales of the Program Diagnostic with which the infringed Xxxx is used.

  • All recoveries resulting from such legal proceedings shall be deemed to be Joint Product Net Sales of the applicable Joint Product or Program Diagnostic Net Sales of the applicable Program Diagnostic.

  • In such instance, the transaction does not enable an accurate determination of the Xxxxxx Released Diagnostic Net Sales or Unilateral Diagnostic Net Sales, as the case may be.

  • At the expense of Partner, Partner has the right to engage Roche’s officially appointed worldwide independent public accountant to perform, on behalf of Partner an audit of such books and records of Roche and its Licensees, that are deemed necessary by Roche’s independent public accountant to report on Diagnostic Net Sales of Companion Diagnostic for the period or periods requested by Partner and the correctness of any report or payments made under this Agreement.

  • In addition, in an effort to demonstrate full commitment to the Community Rule, the state notes that FEW participants may reside, based on their personal choice, in congregate housing settings.

  • When calculating the Adjusted Gross Sales, Net Sales and Diagnostic Net Sales, GlycArt shall convert the amount of such sales in currencies other than US Dollars into US Dollars using for internal foreign currency translation GlycArt’s then current standard practices actually used on a consistent basis in preparing its audited financial statements.

  • Ethiopia's rural population remains vulnerable to food and nutrition security.

  • For the purpose of calculating royalty payments on Diagnostic Net Sales in pounds (£), any conversion of Swiss Francs to pounds (£) shall be made using the same rates as those used for the applicable period under the standard practises described above.

Related to Diagnostic Net Sales

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Net Sales means [***].

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • Diagnostic mammography means a method of screening that

  • Therapeutic Product means a health product categorised as a therapeutic product in the First Schedule to the Act;

  • Combination Product means any combination of the Product with one (1) or more other active ingredients, products or services that is not the Product, where such products are sold either as a fixed dose/unit or as separate doses/units in a single package for a single price.

  • Licensed Services means all functions performed by the Licensed System.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • in vitro diagnostic medical device means any medical device which is a reagent, reagent product, calibrator, control material, kit, instrument, apparatus, equipment, software or system, whether used alone or in combination, intended by the manufacturer to be used in vitro for the examination of specimens, including blood and tissue donations, derived from the human body, solely or principally for the purpose of providing information:

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • Marijuana-infused products means products that contain marijuana or marijuana extracts and are intended for human use. The term "marijuana-infused products" does not include useable marijuana.

  • Therapeutic school means a residential group living facility:

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Hemp products means all products made from industrial hemp,

  • Licensed Compounds means: (a) Research Program Active Compounds; (b) Novartis Active Compounds; (c) salts, hydrates, solvates, esters, metabolites, intermediates, stereoisomers and polymorphs of Research Program Active Compounds or Novartis Active Compounds; and (d) prodrugs of Research Program Active Compounds or Novartis Active Compounds (any of the foregoing, a “Licensed Compound”).

  • Medical marijuana product means a product that contains cannabinoids that have been extracted from plant material or the resin therefrom by physical or chemical means and is intended for administration to a licensed patient, including but not limited to concentrates, oils, tinctures, edibles, pills, topical forms, gels, creams, and other derivative forms, except that this term does not include live plant forms.

  • Sublicense Revenues means [***].

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Licensed Nurse means an Oregon licensed practical or registered nurse.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Diagnostic Service means an examination or procedure performed to obtain information regarding the medical condition of an outpatient.

  • Licensed Compound means [***].