Examples of Initial Sale Date in a sentence
Until the third anniversary of the Initial Sale Date (or, if earlier, the date of Generic Entry), Purchaser shall structure and effect the compensation, including incentive compensation, of its Sales Representatives in such a manner so as not to discriminate against the allocation of calling effort described in the then applicable Marketing Plan or the Product and/or any Additional Product.
As of the Initial Sale Date and as of any Subsequent Sale Date, as applicable, the Seller makes the following representations and warranties on which the Issuer has relied and will rely in acquiring Transferred Environmental Control Property.
Purchaser shall, within fifteen (15) days after the end of each calendar quarter during the period commencing on the Closing Date through the fifth (5th) anniversary of the Initial Sale Date, provide to Reliant a report setting forth the total number of Details performed by the Purchaser’s Sales Representatives during such calendar quarter (broken down by medical professional and the type of Detail performed) (each, a “Promotional Report”).
Prior to the fourth (4th) anniversary of the Initial Sale Date, Purchaser shall not sublicense or (except as permitted by Section 10.1 with respect to the sale of substantially all of the stock or assets of the Purchaser or any merger, consolidation or similar transaction involving Purchaser) assign any of the licenses granted to Purchaser under this Agreement, without Reliant’s prior written consent, which may be granted or withheld in Reliant’s sole discretion.
The Seller shall not indemnify any party under this Section 5.01 for any changes in law after the Initial Sale Date or the Subsequent Sale Date, as applicable.