Organon Business definition

Organon Business means (i) the business of developing, commercializing, distributing and selling the Organon Products in the Territory, (ii) the manufacturing of the Organon Products and (iii) the co-manufacturing activities and all ancillary and related operations occurring at the Organon Facilities.
Organon Business has the meaning set forth in the Separation Agreement.
Organon Business means (i) the business of developing, commercializing, distributing and selling the Organon Products in the Territory,(ii) the manufacturing of the Organon Products and (iii) the co-manufacturing activities and all ancillary and related operations occurring at the Organon Facilities.

Examples of Organon Business in a sentence

  • Where the timing of actual cash collections by Merck and its Affiliates from customers of the Organon Business is different from the timing of cash transfers from Merck and its Affiliates to Organon and its Affiliates under the terms of any agreement set forth on Schedule 2.13, either Party may request an earlier payment or delay of a payment due under such agreement.

  • The Parties acknowledge that the payment of a quarterly adjustment for any calendar quarter is expected to align with the timing of actual cash collections by Merck and its Affiliates from customers of the Organon Business during such calendar quarter.

  • For all Pre-Distribution Tax Periods, (i) Merck shall be responsible for any and all Non-Income Taxes that are attributable to the Merck Business, and (ii) Organon shall be responsible for any and all Non-Income Taxes that are attributable to the Organon Business.

  • Except as may otherwise be agreed by the Parties, the Parties shall not seek to assign any account receivable or account payable relating to both the Merck Business and the Organon Business and all Assets and Liabilities associated with such accounts receivable and accounts payable shall be retained by Merck.

  • The amount of Taxes attributable to the Organon Business for any Tax Period shall not be less than zero.

  • The provision by Merck to Organon of any Tangible Information specifically related to the Organon Products or the Organon Business that is contained within physical records in response to a request from Organon, that is not being provided under a Service in the Transition Services Schedule, will follow the process outlined in Schedule 6.

Related to Organon Business

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Micro Business means a company which either:

  • Licensed Business means the activities connected with the conveyance of

  • Company Business means the business of the Company as presently conducted.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

  • Engaging in business means commencing, conducting, or continuing in business, and liquidating a business when the liquidator thereof holds itself out to the public as conducting such business. Making a casual sale is not engaging in business.

  • Authorized business means 1 of the following:

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Eligible next Michigan business means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.