FTE Day definition

FTE Day means the equivalent of one person employed by ASTRAZENECA or TMC, as applicable, or their respective Affiliates full time for one day.
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FTE Day means eight (8) hours of time spent by one or more members of the BarCap Personnel.
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FTE Day means eight (8) hours of FTE time.
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Examples of FTE Day in a sentence

  • Should ASTRAZENECA use a Third Party consultant(s) for carrying out assistance for a certain FTE Day, or part thereof, then, for the avoidance of doubt, the FTE Day rate now stated shall apply thereon, and the out-of-pocket costs for consultants, if any, as indicated above in this paragraph, shall apply only to costs for consultants which would typically have been incurred should the assistance have been actually carried out by an employee(s) of ASTRAZENECA or its Affiliates.

  • For any services or assistance performed by TMC pursuant to this Article 2.7.2, ASTRAZENECA shall reimburse TMC for TMC’s out-of-pocket costs for such activities plus [**] U.S. Dollars ($[**]) per FTE Day.

  • For any services or assistance performed by TMC pursuant to this Article 2.7.2, ASTRAZENECA shall reimburse TMC for TMC's out-of-pocket costs for such activities plus [**]U.S. Dollars ($[**]) per FTE Day.

  • For any services or assistance performed by TMC pursuant to this Article 2.7.2, ASTRAZENECA shall reimburse TMC for TMC's out-of-pocket costs for such activities plus USD [**] ($[**]) per FTE Day.

  • For any services or assistance performed by TMC pursuant to this Article 2.7.2, ASTRAZENECA shall reimburse TMC for TMC's out-of-pocket costs for such activities plus [**] U.S. Dollars ($[**]) per FTE Day.


More Definitions of FTE Day

FTE Day shall have the meaning defined in the License Agreement.
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FTE Day means, with respect to an activity, the equivalent of the work of one (1) employee full time for one day (consisting of at least eight (8) hours) of work directly related to the activity. Any individual who actually works less than eight (8) hours in a day to such work shall be treated as having worked a partial FTE Day (calculated by dividing the actual number of hours worked by eight (8) hours). Any individual who actually works more than eight (8) hours in one day shall not be treated as having worked more than one (1) FTE Day.
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