Rest of World Profit Split definition

Rest of World Profit Split means the Rest of World Profit Split, defined and calculated as set forth on Schedule 1.
Sample 1Sample 2Sample 3
Rest of World Profit Split. (or “ROW Profit Split”) for a Quarter shall mean *********
Sample 1
Rest of World Profit Split. (or "ROW Profit Split") for a Quarter shall mean ***********************. The "Applicable ROW Percentages" for the Quarter for each of Sanofi and Regeneron shall mean the percentages to be used to calculate each Party's Rest of World Profit Split for the Quarter, as illustrated in the example below. At the end of each Contract Year, as part of the calculation of the fourth Quarter Rest of World Profit Split, a "ROW Profit Split Annual True-Up" shall also be calculated to make each Party's Rest of World Profit Split for the Contract Year equal to the Target ROW Profit Split. Calculation of the Applicable ROW Percentages and Rest of World Profit Splits for a Quarter and ROW Profit Split Annual True-Up for a Contract Year are illustrated in the example below. ************************ Notwithstanding the method of calculation shown above, in any Quarter (or for any full Contract Year) in which the ROW Profits are negative, the Applicable ROW Percentages for such Quarter (or for such Contract Year after calculation of the ROW Profit Split Annual True-Up) shall be fifty-five percent (55%) for Sanofi and forty-five percent (45%) for Regeneron. An example of a calculation of the Rest of World Profit Split in a Quarter would be: ***************************
Sample 1

Examples of Rest of World Profit Split in a sentence

  • DEVELOPMENT COMPENSATION PAYMENT The "Regeneron Profit Split" in a Quarter shall mean the sum of (a) the U.S. Profit Split for such Quarter payable to Regeneron plus (b) the Rest of World Profit Split for such Quarter payable to Regeneron.

  • At the end of each Contract Year, as part of the calculation of the fourth Quarter Rest of World Profit Split, a "ROW Profit Split Annual True-Up" shall also be calculated to make each Party's Rest of World Profit Split for the Contract Year equal to the Target ROW Profit Split.

  • Commencing on the Effective Date and continuing during the Term, the Parties shall share the U.S. Profit Split in the United States, and (ii) the Rest of World Profit Split in the Rest of World Countries, in each case, as described in Schedule 2.

  • The "Rest of World Profit Split" (or "ROW Profit Split") for a Quarter shall mean ***********************.

  • The amount of any recovery from any such infringement suit with respect to activities in the Field in the Territory shall first be used to pay reasonable costs, including attorneys' fees, relating to such legal proceedings and then shared equally by the Parties or according to the U.S. Profit Split and Rest of World Profit Split if and as applicable.

  • REST OF WORLD PROFIT SPLIT The Parties intend to share profits from Net Sales of Licensed Products in the Rest of World (or ROW) in each Contract Year (the "Rest of World Profit Split," defined below) based on the aggregate amount of such Net Sales in accordance with the Target ROW Profit Split (defined below).

  • The "Applicable ROW Percentages" for the Quarter for each of Sanofi and Regeneron shall mean the percentages to be used to calculate each Party's Rest of World Profit Split for the Quarter, as illustrated in the example below.

  • Following the end of each Contract Year, the Parties will true-up the quarterly estimates of the Rest of World Profit Split to the Target ROW Profit Split through the ROW Profit Split Annual True-Up calculation (defined below).


More Definitions of Rest of World Profit Split

Rest of World Profit Split means the product of (x)**************************, (y) ***************** ******, and (z) .50. An example of a calculation for a Rest of World True-Up would be: Aventis Regeneron Aggregate 50% 50% --------- ------- --------- Net Sales in Rest of World Countries 20 20 Regeneron Sales Force Cost (2) Regeneron Medical Affairs Cost (0) **************** *** Rest of World Profit Split 10 5 5 --------- ------- --------- Rest of World True-Up (7) 7
Sample 1
Rest of World Profit Split defined below) based on the aggregate amount of ROW Profit Split Sales in accordance with the Target ROW Profit Split (defined below). Since the full calculation cannot be done until ROW Profits and ROW Profit Split Sales for the full Contract Year are known, each Quarter, the Parties will calculate an estimated profit split for the Quarter based on ROW Profits and ROW Profit Split Sales for the Quarter and the Applicable ROW Percentages (defined below). Following the end of each Contract Year, the Parties will true-up the quarterly estimates of the Rest of World Profit Split to the Target ROW Profit Split through the ROW Profit Split Annual True-Up calculation (defined below). The following definitions shall apply to the determination of the Target ROW Profit Split for any Contract Year:
Sample 1
Rest of World Profit Split means the product of (x) [*********************], and (z) .50. An example of a calculation for a Rest of World True-Up would be: Aventis Regeneron Aggregate 50% 50% Net Sales in Rest of World Countries 20 20 Regeneron Sales Force Cost (2 ) Regeneron Medical Affairs Cost (0 ) [************] [**] Rest of World Profit Split 10 5 5 Rest of World True-Up (7 ) 7 III. REGENERON DEVELOPMENT REIMBURSEMENT The “Regeneron Development Reimbursement Amount” shall mean the aggregate amount of Development Costs incurred by Regeneron in such calendar quarter. An example of the Regeneron Development Reimbursement Amount would be: 20 IV. DEVELOPMENT PAYMENT [********************************]. An example of a calculation of Development Payment would be: Aventis Regeneron Aggregate 50% 50% [**************] [***] [***] [***] [**************] [***] Development Payment (10) 10 84
Sample 1

Related to Rest of World Profit Split

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Gross Profits means the gross profits calculated under section 4;

  • Plan for moderate income housing means a written document adopted by

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Development Plan has the meaning set forth in Section 3.2.

  • DNA profile means a letter or number code which represents a set of identification characteristics of the non-coding part of an analysed human DNA sample, i.e. the particular molecular structure at the various DNA locations (loci);

  • Supplier Profit means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Call Off Schedule 1 (Definitions)) and total Costs (in nominal cash flow terms) in respect of any Call Off Agreements for the relevant period;

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee:

  • Manufacturing operation means a process in which materials are changed, converted, or transformed into a different state or form from which they previously existed and includes refining materials, assembling parts, and preparing raw materials and parts by mixing, measuring, blending, or otherwise committing such materials or parts to the manufacturing process. "Manufacturing operation" does not include packaging.

  • Dose profile means the dose as a function of position along a line.

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • WTO GPA country end product means an article that—