First Commercial. Sale shall mean the date of first invoice of Desitin for deliveries to wholesalers, hospital pharmacies, pharmacies or other independent parties;
First Commercial. Sale shall mean, with respect to a given Licensed Product in a given country in the Territory, the first sale of commercial quantities of a Licensed Product in such country to a Third Party on arm’s length terms by Urovant, its Affiliate or Sublicensee for use in the Field after the receipt of Marketing Authorization in such country. Sales for test marketing, sampling and promotional uses, Clinical Trial purposes or compassionate or similar use shall not be considered to constitute a First Commercial Sale.
First Commercial means First Commercial Bank.
Examples of First Commercial in a sentence
China Plans First Commercial Trip through Arctic Shortcut in 2013,” Reuters.
She provided the Board with an edited version of the WRVC proposal.She explained the rates offered in the 2021 contract are the same as those offered for the 2020 contract.
We use the series of one-month deposit rates of the First Commercial Bank as the risk-free rate.
The Licensee agrees, after its First Commercial Sale and as part of its marketing and product promotion, to develop educational materials (e.g., brochures, website, etc.) directed to patients and physicians detailing the Licensed Products or medical aspects of the prophylactic and therapeutic uses of the Licensed Products.
We are obligated to make the following milestone payments to UCLA TDG for each Licensed Product or Licensed Method: ● $100,000 upon enrollment of the first subject in a Feasibility Study; ● $250,000 upon enrollment of the first subject in a Pivotal Study: ● $500,000 upon Pre-Market Approval of a Licensed Product or Licensed Method; and ● $1,000,000 upon the First Commercial Sale of a Licensed Product or Licensed Method.
More Definitions of First Commercial
First Commercial means First Commercial Bank, N. A. and its successors and assigns.
First Commercial. SALE shall mean the first sale of PRODUCT in commercial quantities by deCODE and/or its SUBLICENSEEs to THIRD PARTIES in the first country of the TERRITORY.
First Commercial. SALE shall mean the first sale under this Agreement in an arm's length transaction to an independent third party. Par will provide Elan with written notice of the date of the same. IN MARKET shall mean the sale of the Product in the Territory by Par or its Affiliates, or where applicable by a permitted sub-licensee or distributor, to an unaffiliated third party, including but not limited to a wholesaler, chain store, distributor, managed care organization, hospital or pharmacy. LAUNCH STOCKS shall mean [****************]. MARKETING COMMITTEE shall have the meaning set forth in Clause 6.1.
First Commercial means First Commercial Bank, a Mississippi banking corporation, having its principal place of business in Jackson, Mississippi.
First Commercial. Sale shall mean the first time sales are made of --------------------- the Product by Faulding or its sublicensees to an unrelated third party.
First Commercial. Sale shall mean the first sale to a third party of the Product anywhere in the world under the approval of appropriate governmental agencies (if any) for distribution and sale of such Product. Materials shall mean all raw materials used in the formulation of the Product necessary for the manufacture of the Product as finished goods. NDA shall mean a New Drug Application and all supplements submitted to the FDA by Alliance, including all documents, data and other information concerning the Product which are necessary for or included in FDA approval to market the Product as more fully defined in 21 C.F.R. ss.ss.314.5 et seq., as well as equivalent submissions to the appropriate health authorities in other countries, provided further that with respect to the European Union, such application is to be under the E. U. Centralized Procedure. Operating Agreement shall mean the Limited Liability Operating Agreement of PFC Therapeutics, LLC dated May 17, 2000, between Alliance and Baxter. Product shall mean all injectable perfluorochemical emulsions capable of transporting oxygen in therapeutic effective amounts in the bloodstream for all medical uses, including therapeutic and diagnostic, which have been evaluated, developed and/or acquired prior to this Agreement or will be evaluated, developed and/or acquired during this Agreement, and all Product Know-How, Product Inventions, Product Patents and Product trademarks related thereto, together with all enhancements, modifications, revisions, developments, improvements and Subsequent Applications thereto, to the extent owned by, licensed to or controlled by PFC. Product Invention shall mean a patentable invention or discovery related to the Product that is solely owned by PFC, or which PFC has the right to control the use of through a license or otherwise. Product Know-How shall mean designs, plans, specifications, methods, systems, clinical data, processes, compositions, techniques and other technical information or documentation, whether patentable or not, that is solely owned by PFC, or which PFC has the right to control the use of through a license or otherwise, relating to the Product. Product Patent(s) shall mean all United States and foreign patent applications and patents that relate to the Product, owned by PFC or licensed to PFC, including any continuations, divisions, reissues, re-examinations and all foreign counterparts thereof. Specifications shall mean each of the specifications for each of the Product...
First Commercial. Sale shall mean, on a country-by-country basis, the first invoiced targeted sale of a Licensed Product to a Third Party for use or consumption by the end user by or for LICENSEE following the receipt of any regulatory approval required for the sale of such Licensed Product, or if no such regulatory approval is required, the date of the first invoiced sale of a Licensed Product to a Third Party by or for LICENSEE in such country, provided that mere sales via Internet absent marketing efforts or physical sales activities directly targeted to the respective country or market shall not be considered as First Commercial Sale. FSGS shall have the meaning set forth in the Recitals. GAAP shall mean generally accepted accounting principles in the US, consistently applied. Generic Product shall mean, always with respect to a certain Licensed Product, any other product sold by a Third Party that (i) contains the same active ingredient (and no other active ingredient(s) that are not in the Licensed Product) and has regulatory approval for the same use as the Licensed Product, (ii) has received marketing approval in the Licensed Territory by reference to any regulatory approval for the Licensed Product (or any data therein) and (iii) is sold in such country by a Third Party that is not an Affiliate or sub-licensee of LICENSEE or its Affiliates and did not purchase such product in a chain of distribution that included LICENSEE, its Affiliates or sub-licensees. ICH means International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use. IFRS shall mean international financial reporting standards. IgAN shall have the meaning set forth in the Recitals. IND shall mean an Investigational New Drug Application filed with the FDA or any equivalent thereof in other countries or regulatory jurisdictions. IP shall mean all intellectual property rights, including, without limitation, Patents, copyright and related rights as well as Know-How and, to the extent required in the context, trademarks, trade names and domain names, rights in get-up, rights in goodwill or rights to xxx for passing off, rights in designs, rights in computer software and database and any other intellectual property rights, in each case whether registered or unregistered and including all applications (and rights to apply) for and all similar or equivalent rights or forms of protection which subsist in any part of the world. JCC shall mean Joint Commercialization Committee as...