Examples of Product Profits in a sentence
Except as set forth in the preceding sentence, ZIOPHARM shall not be permitted to carry forward any negative Product Profits to subsequent quarters.
Within forty-five (45) days after the end of each calendar quarter, Eton shall deliver to *** a report showing for such calendar quarter in reasonably specific detail the calculation of Net Sales, Gross Profits and Product Profits.
In addition, the other applicable provisions of Article 9 shall survive to the extent required to make final reimbursements, reconciliations or other payments with respect to Product Profits, Net Sales and costs and expenses incurred or accrued prior to the date of termination or expiration.
Except as set forth in the preceding sentence, Oragenics shall not be permitted to carry forward any negative Product Profits to subsequent quarters.
All recoveries in connection therewith shall be allocated first to the costs and expenses of Affymax, and second, to the costs and expenses (if any) of Takeda, with any remaining amounts (if any) to be allocated as follows: (i) any recovery with respect to a country in the Royalty Territory shall be shared equally, and (ii) any recovery with respect to the U.S. shall be included in U.S. Product Profits for the applicable Fiscal Year.
During the Phase-Out Period, Xxxxxx shall not be required to perform any Details for the Product and Xxxxxx shall receive its share of the U.S. Product Profits, unless Xxxxxx was terminated hereunder for its material breach of this Agreement.
Each party's SHARE OF PROFIT shall equal fifty percent (50%) of all Shared Product Profits for all Shared Products sold in the Territory, and each party's SHARE OF LOSS shall equal fifty percent (50%) of all Shared Product Losses for all Shared Products sold in the Territory.
In no event shall the adjustment to International Product Profits exceed *** .
The accounting firm will disclose to the Parties only whether the various expenses subject to being shared by this Agreement, Net Sales in the US Territory or US Product Profits reported by the audited Party are correct or incorrect and the specific details concerning any discrepancies.
During the Phase-Out Period, Xxxxxx shall not be required to perform any Details for the terminated Product or Products and Xxxxxx shall receive its share of the Product Profits for the terminated Product or Products, unless Xxxxxx was terminated hereunder for its material breach of this Agreement.