Product Sale definition

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).

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.

Examples of Product Sale in a sentence

• If the Product is licensed or leased with other hardware or software products priced together or sold as a single unit or as a part of a combined lease or license of the Product with such other products (a "Bundled Product Sale"), then the Net Revenues arising from such Bundled Product Sales will be the pro-rata amount attributable to the Product, with such allocation being based on CA's and Supplier's standard list prices for all of the products included in the Bundled Product Sale in question.

• With respect to each month, the aggregate monthly value of the Product Sale Fees (the “Aggregate Monthly Product Sales Fee”) shall be calculated pursuant to Schedule C and shall be due and payable from the Company to Xxxx as specified in Schedule C.

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

• B.1 Product Sale B.1.1 Customer shall purchase from Fujitsu and Fujitsu shall sell to Customer the hardware specified in the order confirmation in return for payment by Customer of the prices and charges stated therein and subject to the provisions made in these general terms and condi- tions.

• If the Products are damaged or lost while in the Seller's physical possession, a Product Sale will be deemed to have occurred and the Seller shall reimburse the Consignor the amount of the damaged or lost Products' respective Retail Prices, less the Seller's Commission.

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 has the meaning set forth in Section 2.5(k).

Product Sale means the sale of any PROMOTER authorized product, merchandise, consumer material or good, which is made by or on behalf of PROMOTER. “Other PROMOTER Talent” shall mean a professional wrestler who has an agreement with PROMOTER and to whom PROMOTER is obligated to pay royalties.

Product Sale means any transaction through a Kanakaris Web Site generating revenue based on the subscribing, sellinx, xxxxxxg or downloading of a product or service (other than a Book) identified in a Book published, displayed or viewed on a Kanakaris Web Site.

Product Sale. When a consignment product is sold, our Point-of-Sale (POS) system will record the sale for that Consigner. We only track sales based on Consigner’s individual products at the time of sale.