Market Approval definition

Market Approval means, with respect to PRODUCT in a particular country in the TERRITORY, the date upon which the last of all governmental or regulatory approvals required for the sale of PRODUCT in that country has been granted, including price approval for the PRODUCT (if required);

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Market Approval means an approval from a Regulatory Authority of the applicable Drug Approval Application for such Licensed Product by such Regulatory Authority.

Market Approval means, with respect to a particular Product in the Field in a particular country in the Territory, the approval from the applicable Regulatory Authority required for the Sale of such Product in the Field in such country;

Examples of Market Approval in a sentence

• During the Term of this Agreement, LICENSOR agrees not to compete with LICENSEE in the Territory for the Sale or development of products that use within the Licensed Field; or for the sale or development of product with indications for which Licensed Product seeks or receives Market Approval in the Territory.

• LICENSEE shall utilize R&D Work to seek Market Approval to commercialize Licensed Product within the Licensed Field.

• LICENSEE and LICENSOR hereby acknowledge that R&D Work and obtaining Market Approval for Licensed Product carry a high degree of uncertainty.

• LICENSOR hereby agrees to use commercially reasonable efforts to conduct any and all research and development activities, including without limitation Clinical Studies (“R&D Work”) reasonably necessary to develop Licensed Product within the Territory for use within the Licensed Field, including, without limitation, to obtain Market Approval.

More Definitions of Market Approval

Market Approval for a given country, the approval given or issued by the relevant government agency in such country (e.g. FDA in the USA) which is necessary to market and sell the Product in such country.

Market Approval. All vendors must complete a vendor application and receive approval from the market manager at least one week before joining the market. Vendors must receive approval for any additional items sold not listed on the original and accepted application. Compliance with Applicable Law and Regulations: Vendors must comply with all required federal, state, and local laws. Health permits for prepared foods must be obtained from the Chemung County Health Department. All licenses, permits, seals, sales tax information, and other requirements for selling are the responsibility of the vendor to obtain. The required information must be displayed and on hand at the vendor’s stall. FMNP Compliance: Farmers/growers agree to meet the NYS Ag and Markets requirement of growing 50% or more of the fruits, vegetables, and/or culinary herbs that they bring to the market each day by volume. The market manager will arrange for a farm visit to review each farm vendor’s crop plan.

Market Approval means, with respect to a Product in a country or group of countries, all approvals from the relevant Governmental Authority(ies) necessary for the sale of such Product in such country or group of countries, and, if required prior to sale of a Product in such country or group of countries, pricing and reimbursement approval. For the avoidance of doubt, ATU, Law 648/96 and similar named patient programs do not constitute Market Approval.

Market Approval means an approval from a Regulatory Authority of the applicable Drug Approval Application for a Licensed Product.

Market Approval has the meaning set out in Clause 3.4.

Market Approval means the regulatory approval necessary to market and sell a Licensed Product in a country within the Territory.

Market Approval. Market Approval" means the approval by ALS of a given market within which ALS proposes that one or more Facilities be constructed by a Project Entity. It is understood that each Market Approval delivered by ALS shall relate to a market area that is generally configured in a manner consistent with the past practice of the parties so as to contemplate and support the development of no more than four Facilities.