Product Issue definition

Product Issue means specific MarketSafe CDs designed by EverBank with unique design features, which may be subject to change from issue to issue, such as Reference Index(es), Product Term, Participation Factor, Reference Index value determination, Interest, Market Upside Payment, and/or other features unique to that Product Issue.
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Product Issue means a failure of a Program to perform properly including a failure of a Program to function in accordance with the Documentation;
Sample 1
Product Issue means, with respect to V2 Products covered by this Agreement: (1) any issue relating to a potential safety hazard or unsafe condition caused by or associated with such product, (2) any issue related to the quality of the products, including, but not limited to, manufacturing or design defects that may impact the quality of the products, labeling, packaging, declared net contents ingredients, or formula, or (3) advisement of an issue or condition stipulated by any governmental authority having jurisdiction over such products.
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Examples of Product Issue in a sentence

  • In addition, such arbitration panel’s decision shall be precedential as between the parties hereto for all future like Gaming Machines Placed as were analyzed under that particular Disputed Product Issue, unless a legal proceeding was brought by Licensor, in which case, such legal proceeding shall control.

  • HP shall have the right to terminate this Agreement for cause by serving written notice to Licensee upon the happening of any of the following events, if such event is not cured within ten calendar days after Licensee’s receipt of such notice: failure by Licensee to address any Safe Product Issue or Legal Product Issue.

  • If the dispute is not resolved within twenty (20) days of being so referred, the parties may institute legal proceedings except that the Disputed Product Issue referenced in Section 2.2 shall first be resolved using arbitration as provided for in that Section 2.2 using the procedures outlined in this Section 11.

  • System/ Product Issue Description Impacted Scope DL2 Plan C drop in face amount Contractual drop in face for DL2 Plan C policies is not occurring.

  • If Licensor submits the Disputed Product Issue to arbitration, then Licensee can elect to put the License Fees for all Disputed Products into an escrow account within thirty (30) days of written notice from Licensor of the Disputed Product Issue and continue to fund such escrow account monthly within 10 days of the end of each month for all Disputed Products during the pendency of the arbitration.

  • If the Disputed Product Issue goes to arbitration and the arbitration panel determines by a preponderance of the evidence that the Disputed Product is a Royalty Bearing Product, Licensee shall pay [*] the normal License Fee(s) for the Disputed Products (which amount is equal to [*] the escrow amount provided that the escrow is fully funded) within forty-five (45) days of receipt of the panel’s decision.

  • If the Disputed Product Issue cannot be resolved in the discussions provided for in Section 11.1, then it shall be resolved through arbitration.

  • In the event of any such claim for indemnification resulting from or in connection with a claim or Legal Proceeding by a third party, the Indemnifying Party may (subject to Section 1.8 and except with respect to the ARC Product Issue, in respect of which Sections 11.6(c), (d), and (e) shall apply) at its sole cost and expense, assume the defense thereof by written notice within 30 calendar days, using counsel that is reasonably satisfactory to the Indemnified Party.

  • For the avoidance of doubt LICENSEE shall be responsible for costs and expenses iincluding, but not limited to, those resulting from actions required due to a Safe Product Issue, Legal Product Issue, and/or Critical Quality Issue.

  • If a Safe Product Issue presents a substantial risk of personal injury, death or damage external to the HP Branded Product, unless affected units are recalled, HP shall have the right to require a recall of affected units in addition to the right to compel the shipment hold.

Related to Product Issue

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Nicotine product means a product that contains nicotine and is not any of the following:

  • Biosimilar Product means, with respect to a Licensed Product in any country, any biosimilar product sold by a Third Party not authorized by or on behalf of Celgene, its Affiliates or Sublicensees, (a) that is a biosimilar biological product, as defined in 21 USC 379j-51 (or any successor or replacement thereof), a similar biological medicinal product, as defined in Annex I to Directive 2001/83/EC (or any successor or replacement thereof), or any similar biosimilar or generic product under the Laws of any country or jurisdiction, or (b) regarding which Regulatory Approval is obtained by referencing Regulatory Data of such Licensed Product.

  • Generic Product means a drug product that (i) contains the same active ingredient as the Product where the Product is the reference-listed drug, and (ii) is approved by a Governmental Authority pursuant to an Abbreviated New Drug Application, an application under 21 U.S.C. §355(b)(2), or similar application.

  • Pharmaceutical Product shall have the meaning ascribed to such term in Section 3.1(hh).

  • Drug sample means a unit of a prescription drug that is not intended to be sold and is intended to promote the sale of the drug.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Alternative nicotine product means any noncombustible product containing nicotine that is intended for human consumption, whether chewed, absorbed, dissolved, or ingested by any other means. "Alternative nicotine product" does not include any nicotine vapor product, tobacco product, or product regulated as a drug or device by the U.S. Food and Drug Administration (FDA) under Chapter V (21

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • Licensed Compound means (a) 3,4-Diaminopyridine, the chemical structure of which is set forth on Exhibit B-2; and (b) any derivatives, isomers, metabolites, prodrugs, acid forms, base forms, salt forms, or modified versions of such compound in (a).

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Manufactured end product means any end product in product and service codes (PSCs) 1000-9999, except—

  • Biological product means a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein other than a chemically synthesized polypeptide, or analogous product, or arsphenamine or any derivative of arsphenamine or any other trivalent organic arsenic compound, applicable to the prevention, treatment, or cure of a disease or condition of human beings.

  • Replacement Product means electric generating capacity, capacity-related benefits, environmental attributes, Energy or other electric products from a generation resource other than the Facility that are provided or delivered to replace or substitute for Contract Capacity or Storage Capacity (or any Capacity-Related Benefit, Environmental Attribute, Other Electric Product, Contract Energy, or Storage Energy associated therewith), in each case, in whole or in part, pursuant to Section 4.6.