Impax Margin definition

Impax Margin means on a Product-by-Product basis for each country in the Territory, an amount equal to XXXXX percent (XXXXX%) of the Profit; provided, however, for the Tier 2 Products in the U.S. such amount shall be equal to XXXXX percent (XXXXX%) of the Profit.
Sample 1Sample 2
Impax Margin means, for each Product sold by Andrx or its Affiliates, respectively, an amount equal to: [xxxx]* percent [xxxx]* of the Contract Margin of such Product; provided, that if Impax has not sent Andrx a Ready Date Notice on or before February 15, 2004 for any reason other than substantial manufacturing delays resulting from the non-timely supply of API, the foregoing [xxxx]* amount shall be reduced by [xxxx]* percentage points for each full month delay in the provision of such Ready Date Notice. In the event the scheduled manufacture of Product is delayed by a delay in the supply of API, as evidenced by documentation from the supplier, the foregoing date of February 15, 2004 shall be extended by the amount of time by which the scheduled manufacture of Product was delayed by the non-supply of API. By way of example, the foregoing percentage would be [xxxx]* and [xxxx]*, respectively, if Impax provides the Ready Date Notice to Andrx on March 16, 2004 and April 16, 2004, respectively, except that, if the manufacturing delay resulted from a month delay in the scheduled supply of API, the foregoing dates shall be deemed to have been February 15, 2004 and March 15, 2004, respectively, and the foregoing percentages shall be deemed to have been [xxxx]* and [xxxx]*, respectively.
Sample 1
Impax Margin means, for each Product sold by Andrx or its Affiliates, respectively, an amount equal to: [XXXX]* percent [XXXX]* of the Contract Margin of such Product; provided, that if Impax has not [XXXX]* * for any reason other than substantial manufacturing delays resulting from the non-timely supply of API, the foregoing [XXXX]*amount shall be reduced by [XXXX]*percentage points for each full month delay in the provision of such[XXXX]*. In the event the scheduled manufacture of Product is delayed by a delay in the supply of API, as evidenced by documentation from the supplier, the foregoing date of [XXXX]*shall be extended by the amount of time by which the scheduled manufacture of Product was delayed by the non-supply of API. By way of example, the foregoing percentage would be [XXXX]* and [XXXX]*, respectively, if Impax [XXXX]*, respectively, except that, if the manufacturing delay resulted from a month delay in the scheduled supply of API, the foregoing dates shall be deemed to have been [XXXX]* and [XXXX]*, respectively, and the foregoing percentages shall be deemed to have been [XXXX]* and [XXXX]*, respectively. ------- * Filed under an application for confidential treatment.
Sample 1

Examples of Impax Margin in a sentence

  • This Article VI shall be in effect (A) (i) if there is a Product Waiver, during the Andrx Margin Period and (ii) if Andrx Retains Production, during the Impax Margin Period, and in each case, for a period of five (5) years following the termination or expiration thereof, and (B) otherwise, for a period of five (5) years following the date hereof.

  • Within ten (10) days following each calendar month, Andrx shall provide Impax and Teva with a report with reasonable detail in US $ and units setting forth the Net Sales, Manufacturing Costs, Operating Expenses, Contract Margin and Impax Margin for each Product sold in the Territory by Andrx and/or its Affiliates during such month.

  • From and after the initial commercial sale of the Product in the Territory by either Impax or Andrx, that Party will not knowingly engage in any material manufacturing or Marketing practice outside the normal course of its business for the primary purpose of shifting sales from one period, with respect to which either the Andrx Margin or the Impax Margin is payable, into another period with respect to which there is no margin sharing arrangement.

  • Within ninety (90) days of the end of the Andrx Margin Period or the Impax Margin Period, as applicable, Teva (in the case of the Andrx Margin Period) and Andrx (in the case of the Impax Margin Period) shall provide the other Party with a revised calculation of the Andrx Margin and the Impax Margin, respectively, based on the actual (rather than accrued) amounts described in clauses (a) and (b) of the definition of Net Sales.

  • In the event Impax chooses option (a), above, the Parties shall share equally all future Regulatory Expenses and Intellectual Rights Legal Expenses, attributable to such Product(s) in such countries in the Territory, and Impax shall receive the Impax Margin for the applicable Product(s).

  • As a condition to any assignment or transfer, Andrx or the Transferee shall pay Impax the Impax Margin in accordance with Section 2.6, which Impax Margin shall be calculated based on the Contract Margin and related definitions of the Transferee.

  • Additionally, the eligible employee will continue to be covered by the University’s group health insurance policy while taking leave under this Policy at the same level and under the same conditions coverage would have been provided if the eligible employee had continued employment with the University continuously for the duration of such leave, assuming the eligible employee participated in the University’s group health insurance coverage prior to taking leave under this Policy.

Related to Impax Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Retail margin means an amount, reflecting differences in

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Reset Margin means the margin specified in the applicable Final Terms;

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • Distribution Margin means the margin which the IPTV Operator is entitled for the purpose of distribution of pay Zee Group Channels or bouquet of pay Zee Group Channels, as the case may be.

  • Additional Margin shall have the meaning provided in Section 2.14(a).

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable ABR Margin means, at any date:

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 125.0 III 175.0 IV 250.0

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.