Unlicensed Unit Sales definition

Unlicensed Unit Sales and "JPPLP Unit Sales" shall be deemed to mean the total grams of the active ingredient itraconazole contained in the third party product (irrespective of dosage form) and the Itraconazole Product (irrespective of dosage form), respectively, as reflected on the label of each such Itraconazole Product and third party product; and (ii) Unlicensed Unit Sales shall be determined by the sales reports of IMS America Ltd. of Plymouth Meeting, Pennsylvania ("IMS") or any successor to IMS or any other independent sales auditing firm selected by JPPLP and reasonably acceptable to Barrier. JPPLP shall bear all costs of providing Barrier with such information. If JPPLP is entitled to a royalty reduction based on Unlicensed Unit Sales pursuant to this Section 4.5(a) for any royalty reporting period, JPPLP shall submit the sales report of IMS or such other independent firm, as applicable, for the relevant royalty reporting period to Barrier, together with JPPLP's or its Affiliates' or sublicensees' sales report for the relevant royalty reporting period. Such sales reports for each royalty reporting period in which JPPLP is entitled to such royalty reduction shall be submitted with the royalty report for such royalty reporting period submitted pursuant to Section 4.9.
Sample 1Sample 2
Unlicensed Unit Sales shall have the meaning set forth in Subsection 3.3(g)(i) hereof.
Sample 1Sample 2
Unlicensed Unit Sales and "OBI Unit Sales" shall be deemed to mean the total grams of BMP-7 contained in the Third Party product (irrespective of dosage form) and the Licensed Product (irrespective of dosage form), respectively, as reflected on the label of each such Licensed Product and Third Party product; and (ii) Unlicensed Unit Sales shall be determined by the sales reports of IMS America Ltd. of Plymouth Meeting, Pennsylvania ("IMS") or any successor to IMS or any other independent sales auditing firm selected by OBI and reasonably acceptable to CURIS. OBI shall bear all costs of providing CURIS with such information. If OBI is entitled to a royalty reduction based on Unlicensed Unit Sales pursuant to this Section 5.3(b) for any Royalty Reporting Period, OBI shall submit the sales report of IMS or such other independent firm, as applicable, for the relevant Royalty Reporting Period to CURIS, together with OBI's or its Sublicensees' sales report for the relevant Royalty Reporting Period. Such sales reports for each Royalty Reporting Period in which OBI is entitled to such royalty reduction shall be submitted with the royalty report for such Royalty Reporting Period submitted pursuant to Section 5.7.
Sample 1

Examples of Unlicensed Unit Sales in a sentence

  • Product in such country in the same royalty reporting period, the royalty rate on Net Sales shall be reduced in such country in accordance with the percentages below and such lower royalty rate shall then apply on the Net Sales in such country as long as the Unlicensed Unit Sales amount to the particular percentage of Barrier's Unit Sales of the Itraconazole Product in such country in the same royalty reporting period.

  • Several local lawmakers recently hit upon the idea of reviving a nineteenth century law to block the project.

  • However, where a material in the European Pharmacopoeia or in the national pharmacopoeia has been prepared by a method liable to leave impurities not controlled in the pharmacopoeia monograph, these impurities and their maximum tolerance limits must be declared and a suitable test procedure must be described.

  • Unlicensed Unit Sales Royalty Rate Reduction* (as a % of JPPLP Unit Sales) (% of Royalty Rate) ---------------------------- ------------------------ [**] * A royalty rate reduction will, however, only be applicable if JPPLP also experiences a decrease in Net Sales in an amount greater than [**] of the applicable Itraconazole Product in that country from the Net Sales of the applicable Itraconazole Product in the same royalty reporting period in the previous calendar year in the same country.

  • If UCB is entitled to a royalty reduction based on Unlicensed Unit Sales pursuant to this Subsection 3.3(g) for any royalty period, UCB or its Affiliates or sublicensees shall submit the evidence of Unlicensed Unit Sales, as applicable, for the relevant royalty period to Dynavax, together with UCB's or its Affiliates' or sublicensees' sales report for the relevant royalty period.

Related to Unlicensed Unit Sales

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Licensed Services means all functions performed by the Licensed System.

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

  • 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.

  • licensed distributor means any holder of a distribution licence.

  • Competing Product means [***].

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • 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.

  • Hemp products means all products made from industrial hemp,

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Collaboration Product means any pharmaceutical product in finished form that contains a Collaboration Compound, either as the sole active ingredient or in combination with one or more other active ingredients, and all present and future formulations, dosages and dosage forms thereof.

  • Investment product means a financial instrument (within the meaning of Article 4(1)(15) of MiFID II) or a structured deposit (within the meaning of Article 4(1)(43) of MiFID II).

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • Licensed Compound means [***].

  • Licensed Field means all fields of use.