Initial Supply Term definition

Initial Supply Term has the meaning given in Article 10.7.
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Initial Supply Term has the meaning set forth in Section 3.3(a).
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Initial Supply Term shall have the meaning set forth in Section 12.1.
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Examples of Initial Supply Term in a sentence

  • Thereafter, the Initial Supply Term shall automatically be extended for successive twelve (12) month periods (each, an “Additional Supply Term”), unless either Party gives to the other Party not less than [*] written notice of termination prior to the expiration of the Initial Supply Term, or any Additional Supply Term, of this Agreement.


More Definitions of Initial Supply Term

Initial Supply Term means the time period commencing upon the First Delivery Date and continuing in effect for a period of ten (10) years.
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Initial Supply Term means the period starting on the first date that all Regulatory Authorities approve MDCO to market Product in the Territory that is manufactured by APP at the Manufacture Site and ending on June 15, 2015;
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Initial Supply Term means the time period commencing upon the First Delivery Date and continuing in effect for a period of five (5) years.
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Initial Supply Term means the period ending on the earlier of (i) the date that GSK receives shipment of PR Products from an Authorized Manufacturer pursuant to an agreement agreed between GSK and such *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Authorized Manufacturer as set forth in Section 5.3, and (ii) twelve (12) months from the Effective Date; provided, however, that the Parties shall discuss in good faith extending the Initial Supply Term for up to six (6) months in the event that GSK has not entered into an agreement with an Authorized Manufacturer for PR Product as set forth in Section 5.3 within twelve (12) months after the Effective Date, despite using Commercially Reasonable Efforts to do so. Santarus shall have no obligation to supply PR Products to GSK after the end of the Initial Supply Term. For clarity, after the end of the Initial Supply Term, GSK shall be responsible for obtaining its requirements for PR Products for the Territory from the Authorized Manufacturer, and Santarus shall have no liability with respect to such Authorized Manufacturer’s performance or breach of the agreement between GSK and such Authorized Manufacturer.
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Related to Initial Supply Term

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Initial Sale is defined in the recitals of this Agreement.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Research Term has the meaning set forth in Section 3.2.

  • License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Research Program Term has the meaning set forth in Section 2.2.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Development Phase means the period before a vehicle type is type approved.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Royalty Term means, with respect to each Licensed Product, the period of time beginning on the first sale of a Licensed Product in a country following receipt of regulatory approval for the marketing and sale of such Licensed Product in such country and continuing on a country-by-country and product-by-product basis until the later of (1) the expiration of the Patent Term, or (ii) ten (10) years from the date of such sale of such Licensed Product in such country (other than any sale or transfer between Licensee and its Affiliates or Sublicensees).

  • Marketing Period means the first period of 21 consecutive business days throughout and on the last day of which (a) Parent, Merger Sub and their financing sources shall have received completed Offering Documents including Required Information (including the Required Information with respect to the Company’s fiscal year ended January 25, 2010) for all of the Available Financing, and such Required Information contained in all of the Offering Documents is Compliant, (b) all conditions set forth in Section 6.1 and Section 6.2 (other than those that by their nature will not be satisfied until the Effective Time) have been satisfied and nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 6.1 or Section 6.2 not to be satisfied assuming the Effective Time were to be scheduled for any time during such consecutive 21 business day period, and (c) the Company shall have provided all cooperation which it is obligated to provide under the terms of Section 5.5. Notwithstanding the foregoing, the “Marketing Period” shall not commence and shall be deemed not to have commenced if, on or prior to the completion of such consecutive 21 business day period, (x) the Company shall have announced any intention to restate any financial statements or financial information included in the Required Information or that any such restatement is under consideration or may be a possibility, in which case the Marketing Period will be deemed not to commence unless and until such restatement has been completed and the applicable Required Information has been amended or the Company has announced that it has concluded that no restatement shall be required, (y) the Company shall have failed to file any report with the applicable Securities Authorities when due, in which case the Marketing Period will be deemed not to commence unless and until all such reports have been filed, or (z) the Required Information would not be Compliant throughout and on the last day of such 21 business day period, in which case a new 21 business day period shall commence upon Parent, Merger Sub and their financing sources receiving updated Required Information that would be Compliant, and the requirements in clauses (a) and (b) above would be satisfied throughout and on the last day of such new 21 business day period. In no event may a “Marketing Period” commence any later than July 27, 2010, unless at Parent’s election a Marketing Period commenced after such date terminates no later than August 24, 2010.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • (3) PROGRAM.—The term program’ means

  • Commercial Sale means for a given product and country the sale for value of that product by a Party (or, as the case may be, by an Affiliate or permitted sublicensee of a Party), to a Third Party after regulatory approval (if necessary) has been obtained for such product in such country.

  • Basic gas supply service means gas supply service that is

  • Shipment Date means the date for shipment of Product requested by Buyer in a Purchase Order.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • Option Period means the period during which an Option may be exercised.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.