General Licenses definition

General Licenses means big or trophy game or wild turkey licenses valid in any hunt area in which licenses have not been totally limited in number. General licenses shall be valid only under species, sex, age class and harvest limitations that are in effect for each hunt area.
View Source
General Licenses means big or trophy game or wild turkey licenses valid in any hunt area in which licenses have not been totally limited in number. General licenses shall be
View Source
General Licenses means licenses necessary for T2 Bio’s use of the T2 Bio Technology Platform in general, as distinguished from specific licenses obtained for Developed Products). T2 Bio may deduct from Net Sales in any calendar quarter under Section 3.3 amounts that fall into the categories above. For avoidance of doubt, no deductions from Net Sales shall be made for cost of sales or selling, general and administrative expenses. Furthermore no deductions from Net Sales shall be made for commission payments to T2 Bio employees or independent sales agent commissions or the like or for cost of collections. Developed Products shall be considered “sold” when amounts are collected. Furthermore, sales by T2 Bio to an Affiliate for resale by an Affiliate shall be treated as Net Sales by T2 Bio based on the price paid to the Affiliate by end users. Except as otherwise agreed by the Parties, sales of Developed Products by a licensee of T2 Bio shall be deemed to be sales by T2 Bio covered by this definition of Net Sales, provided, however, that in no event shall the Royalty paid by T2 Bio to Canon on such sales exceed an amount greater than fifty percent (50%) of the amount collected by T2 Bio with respect to such sales. If the Developed Product is sold as a component of another product such as a combination of tests on a single cartridge, in each case for a single sale price (each, a “Combination Product”), then Net Sales with respect to such Combination Product shall be (i) with respect to a Combination Product comprised of tests for target species for which the average selling price of each such component test on a stand-alone basis is known, the amount collected by T2 Bio for the sale of such Combination Product that represents the portion of the Combination Product purchase price attributable to the Developed Product or (ii) with respect to a Combination Product comprised of tests for target species for which the average selling price of each such component test on a stand-alone basis is not known, the product of (A) the amount collected by T2 Bio for the sale of such Combination Product multiplied by (B) a ratio having a numerator equal to the total number of target species included from the Developed Product (which shall initially be up to three (3) species) and a denominator equal to the total number of target species tests included in the Combination Product. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Com...
View Source

Examples of General Licenses in a sentence

  • Any and all licenses granted for Iran, Syria, and Venezuela automatically expire as of June 16, 2022 (or, if the General Licenses are extended, as of the applicable expiration date of the General Licenses).

  • In accordance with OFAC Iran General License N, Syria General License No. 21, and Venezuela General License No. 39 (the "General Licenses"), the Territory includes Iran, Syria, and Venezuela as provided for in Appendix A: Territory until June 16, 2022 (or, if the General Licenses are extended, until the applicable expiration date of the General Licenses).

  • In accordance with OFAC Iran General License N, Syria General License No. 21, and Venezuela General License No. 39 (the "General Licenses"), the Territory includes Iran, Syria, and Venezuela as provided for in Exhibit B: Territory until June 16, 2022 (or, if the General Licenses are extended, until the applicable expiration date of the General Licenses).

  • For the effects of the provision mentioned in Article 16 of the present Agreement, branches of Foreign Banks with General Licenses or International Licenses may certify that the said provision is constituted in their Main Branch abroad, through a certification issued by the external auditors of the said Main Branch and /or by their respective Regulatory entity.

  • On June 28, 2012, the OIG issued audit reports related to the NRC’s Oversight of Industrial Radiography (OIG-12-A-15) and NRC’s Issuance of General Licenses (GLs) (OIG-12- A-14) the above referenced audit reports.