OTC Business definition

OTC Business means the assets, business, Know-How, operations and activities (including related personnel/employees) conducted as of the date hereof and at Closing of Sellers or any of their respective Controlled Affiliates in connection with the (a) researching, developing, submitting for approval, manufacturing, labeling, distributing, packaging, storing, or transporting the OTC Products; and (b) marketing, promoting, using, licensing, selling or offering for sale of the OTC Products.
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OTC Business means the OTC Venture and the other consumer health operations of Seller.
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OTC Business means the business conducted by certain of the Purchased Entities prior to the Closing known as “Over the Counter” or “OTC”, which consists of a portfolio of therapeutics that can be sold without prescription.
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Examples of OTC Business in a sentence

  • Subject to Section 5.12(c) with respect to the Dudley facility, such shared service and manufacturing arrangements shall remain in force until the earlier of (i) one year from the Last Closing, in the case of shared services, and three years from the Last Closing, in the case of shared manufacturing, and (ii) such date as the Purchaser and the purchaser of Seller's interest in the OTC Business (or the purchaser of Seller, as the case may be) shall agree.

  • The Novartis OTC Business is a leader in offering products designed for self-care and prevention of common medical conditions and ailments to enhance people’s overall health and well-being.

  • The OTC Business Management System, which has its own intellectual property rights, won the third prize of the 2020 Financial Technology Development Award by the People’s Bank of China, with Zhongtai Futures being one of the only two futures companies to win such award.

  • See Case COMP/M.6280 – P&G/Teva OTC Business, at paragraph 20; Case COMP/M.3751– Novartis/Hexal.

  • The acquisition of control over Teva's OTC Business is a concentration as it constitutes a part of Teva's assets with market presence, to which a market turnover can be attributed.4 Following the Jurisdictional Notice, sole control is normally acquired on a legal basis where an undertaking acquires a majority of the voting rights or when one shareholder, even if holding a minority stake, has the power to veto strategic decisions.5 IV.

  • The undertakings concerned have a combined aggregate world-wide turnover of more than EUR 5 000 million6 (P&G EUR 59 544 million, OTC Business of Teva EUR […] million).

  • There is a meeting of minds between the seller and buyer when they trade in coupons as there is no doubt what the seller is demanding when he/she asks for those “coupons” and the Nation has conveniently allowed this necessary ambiguity to prevail on the understanding that the product is in short supply and that it is necessary to pay a blind eye to this constructive innovation, a typical case of what I have often referred to as a situation of “necessary ambiguity with constructive intent”.

  • In the context of originator products, the Commission has sometimes resorted to the EPhMRA ATC4 level (see Case COMP/M.3544– Bayer Healthcare/Roche (OTC Business), at paragraphs 15–20).

  • The acquisition of sole control by P&G over Teva's OTC Business therefore has EU dimension.2 For North America, the parties will set up a separate joint venture (the "NA JV"), which will be controlled by P&G under similar arrangements, and will essentially market P&G's products in the NA.

  • The transaction will result in Procter & Gamble acquiring sole control over the Company and consequently over Teva's contributed OTC Business and therefore constitutes a concentration within the meaning of Article 3(1)(b) and Article 3(2)(a) of EC Regulation No 139/2004.


More Definitions of OTC Business

OTC Business means the Target Corporations' over-the-counter (OTC) trading business operated on the CoinSmart Platform.
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Related to OTC 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.

  • 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.

  • 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;

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

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

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

  • 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.

  • Relevant Business means the areas of business of the Company or any other member of the Group in which, pursuant to his duties, the Executive was materially involved, or in respect of which the Executive was in possession of Confidential Information, in either case at any time during the Relevant Period.

  • Micro Business means a company which either:

  • Licensed Business means the activities connected with the conveyance of

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • 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.

  • 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.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Business has the meaning set forth in the Recitals.

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