Minimum Sales Force Level definition

Minimum Sales Force Level has the meaning set forth in Section 4.3(a).
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Minimum Sales Force Level means a Columbia sales force size of not less than [***] full-time Columbia sales representatives promoting the Product in the first detailing position, provided that any open sales territory for which Columbia or Innovex is actively recruiting a sales representative shall be counted as a Columbia sales representative for purposes of this definition.
Sample 1
Minimum Sales Force Level means eighty percent (80%) of the sales force size for the Product recommended by the JMC from time to time pursuant to Section 3.3 and thereafter pursuant to the Commercialization Agreement.
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Examples of Minimum Sales Force Level in a sentence

  • World agrees it shall not, in the exclusive Territory, sell or otherwise distribute or promote any products which are directly competitive with, or act as a substitute for Eagle Product.

  • If PharmaBio elects this remedy, the then operating Annual Period for commission payments under Section 3.2, and the funding commitments under Section 3.1, shall be suspended until the Minimum Sales Force Level is satisfied.

  • If, at any time during such period, Discovery reduces the Product sales force below the Minimum Sales Force Level for a period of more than [***], then Discovery and PharmaBio will negotiate in good faith to restructure PharmaBio's commitments under Section 3.1 and the corresponding commission amounts under Section 3.2 , which negotiations will take into account the implications of the reduced sales force size on future sales of the Product.

  • In this regard, Discovery will provide a sales force of a size not less the Minimum Sales Force Level during the Commitment Period.

  • Throughout the remainder of the Term, King shall use its commercially reasonable efforts to ensure that the number of Sales Representatives comprising the King Sales Force meets or exceeds the Minimum Sales Force Level, including by promptly filling all vacant positions in the King Sales Force resulting from resignations or terminations.

  • Such Annual Period, and the funding commitments under Section 3.1, shall restart when the Minimum Sales Force Level is satisfied, at the same time point such Annual Period was suspended, such that PharmaBio enjoys the full length of the ten (10) Annual Periods described in Section 3.2 with the benefit of the Minimum Sales Force Level for seven (7) full twelve-month periods, and the term "Commission Term" shall, for all purposes under this Agreement, be extended accordingly.

  • Throughout the remainder of the Term, Xxxxxx shall use its commercially reasonable efforts to ensure that the number of Sales Representatives comprising the Xxxxxx Sales Force meets or exceeds the Minimum Sales Force Level.

  • Pilot shall be responsible for purchasing and maintaining Sales Force Services from Innovex and Innovex Affiliates in an amount equal to the "Minimum Sales Force Level," as defined in the Investment Agreement; provided that the sole remedy for Pilot's failure to maintain the Minimum Sales Force Level shall be as provided in the Investment Agreement.


More Definitions of Minimum Sales Force Level

Minimum Sales Force Level means a Kos sales force size of not less than *** Kos sales representatives promoting the Products in the first and second detailing positions.
Sample 1
Minimum Sales Force Level means the sales force size for the Product recommended by the JCC from time to time as provided for in the Commercialization Agreement (provided that, for purposes of such calculation, the recommended sales force size will not exceed the sales force size that could be reasonably supported by the amount of Commercialization Expenses funded by PharmaBio under this Agreement). If the parties are not able to unanimously agree to such sales force size calculation, then such calculation shall be made in accordance with the dispute resolution process set forth in Section 11 of this Agreement.
Sample 1
Minimum Sales Force Level means the sales force size for the Product recommended by the JCC from time to time as provided for in the Commercialization Agreement (provided that, for purposes of such calculation, the recommended sales force size will not exceed the sales force size that could be reasonably supported by the amount of Commercialization Expenses funded by PharmaBio under this Agreement). If the parties are not able to unanimously agree to such sales force size calculation, then such calculation shall be made in accordance with the dispute resolution process set forth in Section 11 of this Agreement. Information marked by [***] has been omitted pursuant to a request for confidential treatment. The omitted portion has been separately filed with the Securities and Exchange Commission.
Sample 1
Minimum Sales Force Level means the sales force size for the
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Related to Minimum Sales Force Level

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Service Level means the standard set forth below by which IBM measures the level of service it provides in this SLA.

  • Service Levels means the service levels to be met by the Services as referenced in the Contract Letter and set out in the Specification Schedule.

  • Price Level means the price of the Share last determined and published by the Exchange on any day (official closing price).

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Base Level means the following amounts plus the percentage

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • 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.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Process weight means the total weight of all materials introduced into any source operation. Solid fuels charged will be considered as part of the process weight, but liquid and gaseous fuels and combustion air will not.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.