First Commercial definition

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 any Person, the first sale of a Licensed Compound in the Territory by such Person (or any of its Affiliates) or any sublicensee or distributor of any of the foregoing to any Non-Affiliate or non-sublicensee or non-distributor thereof following approval by the FDA of an NDA for such Compound. Full Costs shall mean, in respect of any specific project, the sum of (a) the direct costs incurred solely for such project, (b) the expenses allocated to such project and (c) the costs of capital employed in connection with such project. Any calculation of costs or expenses referred to in clause (a) or (b) shall be made using the usual accounting system then employed by the Party performing such project and any calculation of costs of capital referred to in clause (c) shall be made, in respect of the costs of capital of KB or the Partnership, in accordance with the principles set forth in Exhibit IVA to the Manufacturing Agreement and, in respect of the costs of capital of KBI-E, in accordance with the principles set forth with respect to TR in Exhibit III to the Manufacturing Agreement.
First Commercial means First Commercial Bank, N. A. and its successors and assigns.

Examples of First Commercial in a sentence

  • No such reports or payments shall be due for any Product before the First Commercial Sale of such Product.

  • Prior to the First Commercial Sale, the Licensee agrees to provide the IC with reasonable quantities of the Licensed Products or materials made through the Licensed Processes for IC research use.

  • No such reports or royalty shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product.

  • No such reports shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product in the Territory.

  • Prior to the First Commercial Sale, Licensee agrees to provide PHS reasonable quantities of Licensed Products or materials made through the Licensed Processes for PHS research use.


More Definitions of First Commercial

First Commercial. SALE in the LICENSED TERRITORY: upon occurrence. PHS Patent license Agreement -- Nonexclusive CONFIDENTIAL L-176-99/0 Mode l980611 Page 15 FINAL AltaRexCorp. September 9, 1999 APPENDIX F--COMMERCIAL DEVELOPMENT PLAN Refer to License Application (attached). PHS Patent license Agreement -- Nonexclusive CONFIDENTIAL L-176-99/0 Mode l980611 Page 2 FINAL AltaRexCorp. September 9, 1999 APPLICATION FOR LICENSE TO PUBLIC HEALTH SERVICE INVENTIONS Thank you for your interest in the technology transfer activities of the U.S. Public Health Service. Your answers to the following questions will provide the foundation for licensing decisions. Please return this form and the required attachments to: OFFICE OF TECHNOLOGY TRANSFER, NATIONAL INSTITUTES OF HXXXXX, XXX XXX, XXXXXXXX, MD 20892. IDENTIFICATION OF INVENTION(S) FOR WHICH LICENSE IS SOUGHT (Complete all relevant sections) U.S. Patent Numbers: 4,552,918 AND 4,612,282 Title of Patents: "PROCESS FOR PRODUCING MONOCLONAL ANTIBODIES REACTIVE WITH HUMAN BREAST CANCER" AND "MONOCLONAL ANTIBODIES REACTIVE WITH HUMAN BREAST CANCER" Biological Material(s): N/A Inventor(s): JEFFXXX XXXXXX, XX. AL. INFORMATION ABOUT APPLICANT
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 means First Commercial Development Company.
First Commercial means First Commercial Bank, a Mississippi banking corporation, having its principal place of business in Jackson, Mississippi.
First Commercial sale: refers to the first sale or consumption of a licensed product to a third party for final use in the territory.
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. 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...