Market Potential definition

Market Potential means an estimation by an independent market research organisation based on its Market Research of the commercial potential for a Product in the Territory taking into consideration number of patients suffering from a disease relevant to such indication and who would be likely to be treated with the Product for that disease, including issues such as hospital policies, concurrent symptoms and typical overall health condition of a patient suffering from the relevant disease, availability of alternative treatments, ethical considerations, surgeons perception of the effect and relevance of the Product on the disease of the specific patient and the probable local price of the Product;
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Examples of Market Potential in a sentence

  • At the beginning of each subsequent year hereunder the parties will consult together in good faith and agree on the Annual Market Potential applicable to that year; provided, however, that if they cannot agree, the Annual Market Potential for the immediately Preceding year will apply to the current year.

  • From time to time, Distributor, upon written notice to VMSC, may request the addition of Existing Market Potential Stations to this Agreement as either Unbranded Stations or Branded Stations, but VMSC shall decide, in its sole discretion, whether to permit the addition of any such proposed Existing Market Potential Station under this Agreement.

  • At the beginning of each subsequent year the parties will consult together in good faith and agree on the Annual Market Potential applicable to that year; provided, however, that if they cannot agree, the Annual Market Potential for the immediately Preceding year will apply to the current two years.

  • The parties have consulted together and now agree that if Distributor's best efforts are used as provided in this Section, a minimum of [SPECIFY] Products ("Annual Market Potential") will be purchased and distributed in the Territory during the first year of this Agreement.

  • Subject to the terms of this Agreement, upon VMSC’s written approval of any such proposed Existing Market Potential Station, it shall automatically be added to this Agreement and to the relevant Supply Agreement and shall be considered a “Future Station” under this Agreement.

  • Without limiting VMSC’s sole discretion, VMSC will take into consideration whether an Existing Market Potential Station is operated directly by Distributor or an affiliate of Distributor.

  • Participants must be a Clayworx studio user, member, or affiliate in good standing prior to participating in a Potters Market Potential new participants are strongly encouraged to work a shift at a Potters Market before their first market as a seller to familiarize themselves with sale operations.

  • Limited Prior Public Market; Potential Volatility of Stock Price The Company's Common Stock has been traded on NASDAQ since June 21, 1995.

  • Commercialization and Market Potential (40%) • Extent to which the collaboration specifically and convincingly demonstrates how the applicant will move the state of the art through the proposed advancement, validation, demonstration, etc.

  • The parties have consulted together and now agree that if Distributor's best efforts are used as provided in this Section, a minimum of *|||||||||||||||||| (40) foot containers of Products ("Annual Market Potential") will be purchased and distributed in the Territory during the two years of this Agreement.