Launch Stocks definition

Launch Stocks means the quantities of stocks of the Product required by Acorda in relation to the launch of the Product following Regulatory Approval in a Major Market, as more fully described in Clause 4.7.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Launch Stocks means those stocks of the Products Manufactured by GW or Authorised Contractors on its behalf as specifically ordered for Launch by Bayer.

Launch Stocks shall have the meaning set forth in the Supply Agreement.

Examples of Launch Stocks in a sentence

• It is agreed that with respect to Japan and the Major European Markets, Acorda will effect a national commercial launch of the Product within one hundred and eighty (180) days after the necessary Regulatory Approvals, provided that Acorda shall have received the agreed quantities of Launch Stocks ordered pursuant to firm purchase orders pursuant to the Supply Agreement at least sixty (60) days in advance of the projected launch date.

• Acorda or its Designee shall provide Elan with purchase orders on the standard purchase order forms of Acorda or its Designee (without prejudice to Clause 5.4) of its Elan Minimum Requirements at least ninety (90) days before it requires each delivery of Product (subject to Clause 4.7 with respect to Launch Stocks), specifying the required delivery date in each purchase order and specifying the quantity of Product requested for commercial use and the quantity of Product for promotional and sample use.

• Within six months prior to an anticipated Regulatory Approval in a Major Market, the parties shall discuss and agree upon the manufacture and purchase of specific quantities of Launch Stocks for launch of the Product in the applicable Major Market.

• Subject to the agreement between the Parties relating to Launch Stocks under Clause 4.7, Acorda shall be bound to order one hundred percent (100%) of the forecasted quantities of the Product for each month of the first three (3) months of the most recent rolling forecast referred to in Clause 4.1.3, but otherwise forecasts shall not be binding.

• Elan shall invoice Acorda for Launch Stocks at a price equivalent to Manufacturing Cost plus [**], subject to reconciliation pursuant to Clause 9.3.3.

More Definitions of Launch Stocks

Launch Stocks means the quantities of stocks of the BEMA Fentanyl Product and Demonstration Samples ordered by BDSI under this Agreement to support the commercial introduction of the BEMA Fentanyl Product in any country of the Territory.

Launch Stocks has the meaning set forth in Section 9.2.2 of this Agreement.

Launch Stocks means the quantities of stocks of the PRODUCT required by LIGAND in relation to the launch of the PRODUCT following NDA APPROVAL in each country of the TERRITORY, as more fully described in Clause 9.6.

Launch Stocks means the quantities of stocks of the BEMA Fentanyl Product ordered by Arius under this Agreement to support the

Launch Stocks means the quantities of stocks of a Product required by Par to support the commercial introduction of that Product following Regulatory Approval.

Launch Stocks shall have the meaning set forth in the Supply Agreement. “License Revenues” shall mean the monetary amount or non cash consideration (exclusive of any taxes or duties that Acorda may be required by law to pay, but not including income, corporation or similar taxes) paid to Acorda for the granting to any Third Party any of the rights granted to Acorda under this Agreement and shall further include any other on going fees paid to Acorda in respect of such rights, but shall exclude bona fide research or development fees and payments received by Acorda and any payments received by Acorda for the sale of the Product from Elan pursuant to the provisions of Article 2.11.3. For the avoidance of doubt, it is understood and agreed that License Revenues shall not include and Elan shall not be entitled to receive any share of payments received from a Third Party for the purchase of equity in Acorda, debt financing, the licence of intellectual property other than the Elan Intellectual Property, rights to products other than the Product or the reimbursement of patent or other expenses incurred by Acorda; provided that License Revenues shall include and Elan shall be entitled to receive any share of payments received from a Third Party for the purchase of equity in Acorda where such payments or a portion thereof are referable to the granting of rights to the Elan Intellectual Property for the Product. The fact that a premium is paid by a Third Party for the purchase of equity in Acorda shall not of itself mean that the premium is referable to the granting of rights to the Elan Intellectual Property for the Product. For the avoidance of doubt, the Parties hereby confirm that the definition of License Revenues does not include royalties calculated as a percentage of NSP or of net In Market sales payable in each case by Designees to Acorda. “Major European Markets” shall mean each of the United Kingdom, France, Germany and Italy. “Manufacturing Cost” shall have the same meaning as in the Supply Agreement. “Merck Agreement” shall mean the Technology Transfer and License Agreement dated 26 July 1999 between Merck & Co. Inc. (“Merck”), Elan, Elan Pharmaceutical Research Corp. (now EDDI) and Elan Pharma International Limited. “MS” shall mean multiple sclerosis. 6 “MS Field” shall mean use as an oral prescription medicine for the treatment of MS in humans. “MS R & D” shall mean MS Research and Development Corporation, a Delaware corporation, having an office at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇...

Launch Stocks means the quantities of stocks of the BEMA Fentanyl Product ordered by Arius under this Agreement to support the commercial introduction of the BEMA Fentanyl Product in a jurisdiction following receipt of an approvable letter from FDA with respect to an NDA filed by Arius for the BEMA Fentanyl Product.