Product Sale definition

Product Sale means (i) any sale or transfer (whether through an asset sale, sale of equity interests or merger) of all or substantially all of the Buyer’s and its Subsidiaries’ right, title and interest in and to any MRT Compound, MRT Product or any other material portion of any Transferred Intellectual Property or Derived Patents to a third party (other than a wholly-owned Subsidiary of the Buyer), through one or more transactions or series of transactions, or (ii) any exclusive license of all or substantially all of the Buyer’s and its Subsidiaries’ right, title and interest in and to any MRT Compound, MRT Product or any other material portion of any Transferred Intellectual Property or Derived Patents to a third party (other than a wholly-owned Subsidiary of the Buyer), through one or more transactions or series of transactions, if such license is granted on or before the first anniversary of the consummation of the Buyer’s first underwritten public offering of its common stock under the Securities Act of 1933, as amended (it being understood that if, following the consummation of any sale, transfer or license of any MRT Compound, MRT Product, Transferred Intellectual Property or Derived Patents, Buyer and its Subsidiaries retain all rights under Transferred Intellectual Property and Derived Patents as necessary to develop and commercialize worldwide other material MRT Compounds or MRT Products that are directed to a material number of drug targets or Indications, then, such sale, transfer or license shall not constitute a Product Sale under this Agreement); provided, that, for the avoidance of doubt and notwithstanding anything herein to the contrary, Buyer acknowledges and agrees that any sale, transfer or exclusive license granting any third party (other than a wholly-owned Subsidiary of the Buyer) any right to develop or commercialize any CFTR MRT Product shall automatically constitute a Product Sale under this Agreement.
Product Sale means the sale of any PROMOTER authorized product, merchandise, consumer material or good, which is made by or on behalf of PROMOTER.
Product Sale means any sale, conveyance, transfer, license or other disposition of all or substantially all of the Buyer’s and its Affiliates’ right, title and interest in and to any Product, to a third party, through one or more transactions or series of transactions (including any exclusive license, asset sale, sale of equity interests, merger or otherwise).

Examples of Product Sale in a sentence

  • Customer’s statement of will aiming directly at concluding the Product Sale Contract and specifying the material conditions of sale.

  • Your continued use of the Site following such amendment of these Product Sale Conditions will represent an agreement by You to be bound by these Product Sale Conditions as amended.

  • Some agency authorities and resources describe this this process; for BLM, see 43 C.F.R. §5410 and BLM Handbook H-5410-1, Annual Forest Product Sale Plan; for FS, see FS Manual 2431.04, Management of Timber Sale Program.

  • If You do not accept these Product Sale Conditions, You must refrain from using the Site or making a purchase from the Site.

  • We recommend You review the Product Sale Conditions for amendments each time You use the Site and before placing an order to purchase a Product.


More Definitions of Product Sale

Product Sale has occurred if before the end of its Consignment Period a Product is:
Product Sale means a divesting sale or other disposition of all or substantially all of the rights to Company Products (other than a Rights Transfer Event) during the Earnout Period by Buyer or its Affiliates to a Third Party; provided, that a Product Sale shall not include a sale or disposition of all or substantially all the assets of Buyer (whether by merger, sale of stock, sale of assets or otherwise).
Product Sale means any sale (other than in connection with an Exit (as such term is defined in the Investment Documents)) of all of the Buyer’s rights to develop, market and sell a Product.
Product Sale means a sale, conveyance, transfer or other disposition of all or substantially all of Parent’s, the Surviving Corporation’s and their respective Affiliates’ rights covering the Covered Products to a Third Party, through one or more transactions or series of transactions (including any asset sale, sale of equity interests, merger or otherwise), excluding, for the avoidance of doubt, (x) sales of units of any Covered Product in the ordinary course of business and (y) a direct or indirect change of control of Parent or Shire plc.
Product Sale means the sale of the Product Packages via the Website.
Product Sale means offering for sale and selling a Product as indicated in the Products and Services Schedule, subject to these General Terms and Conditions and those terms and conditions set out in the Product Sales Appendix. “Product Sales Appendix” means Appendix A to these General Terms and Conditions applicable to Product Sales.
Product Sale has occurred if before the end of its Consignment Period a Product is: sold by the Seller; removed, withdrawn, lost, or stolen from the Seller’s stock on hand; damaged or destroyed while in the Seller’s possession; or otherwise not physically present in the Seller’s stock on hand.