Working Capital Charges definition
Examples of Working Capital Charges in a sentence
Working Capital Charges shall mean a Party’s internal finance charges for carrying Product in inventory and receivables in respect of Products.
The Sales and Marketing Expenses, Distribution Expenses, Post-Approval Research and Regulatory Expenses and Working Capital Charges charged by either Party to its Marketing Account in accordance with this Section 6.1.6, shall not be in an amount in excess of *** of the amount included for such expenses in the then current Annual Commercialization Plan, unless the JSC approves such excess expenses.
Subject to reconciliation as provided in Sections 6.1.6(d) and 6.1.6(e), as applicable, each Party shall be responsible and pay for the Sales and Marketing Expenses, Third Party License Fees, Assigned Sales Force Adjustment Payment, Distribution Expenses, Post-Approval Research and Regulatory Expenses and Working Capital Charges incurred by it in performing its activities in connection with the Commercialization of Products in the Territory.