Xxxxxxx Calendar Year definition

Xxxxxxx Calendar Year means a year based on Xxxxxxx’x universal calendar for that year used by Xxxxxxx for internal and external reporting purposes (a copy of which for the year 2018 is attached hereto as Exhibit F); provided, however, that the first Xxxxxxx Calendar Year and the last Xxxxxxx Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be.
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Xxxxxxx Calendar Year means a year based on the Xxxxxxx & Xxxxxxx Universal Calendar for that year; provided, however, that (a) the first Xxxxxxx Calendar Year of the Term shall begin on the Effective Date and end on the last day of Xxxxxxx Calendar Year 2021; and (b) the last Xxxxxxx Calendar Year of the Term shall begin on the first day of the Xxxxxxx Calendar Year in which this Agreement expires or terminates and end on the effective date of expiration or termination of this Agreement.
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Xxxxxxx Calendar Year means a year based on Xxxxxxx’x universal calendar for that year used by Xxxxxxx for internal and external reporting purposes (a copy of which for the year 2016 and 2017 is attached hereto as Exhibit I); provided, however, that the first Xxxxxxx Calendar Year and the last [*] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. Xxxxxxx Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be.
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Examples of Xxxxxxx Calendar Year in a sentence

  • Each Currency Hedge Rate for a given country will remain constant throughout the entire Xxxxxxx Calendar Year.

  • Subject to any adjustments expressly permitted under Section 8.4.3 below, the royalty rate for calculating royalties due on the applicable increment of aggregate worldwide annual (in a Xxxxxxx Calendar Year or the portion thereof falling within the applicable Royalty Term(s)) Net Sales of Licensed Products by Xxxxxxx and its Affiliates and Third Party sublicensees in applicable countries as provided in Section 8.4.1 shall be determined as provided below.

  • Such Currency Hedge Rate(s) will remain constant throughout the upcoming Xxxxxxx Calendar Year.

  • If multiple Sales Milestone Events are first achieved in a single Xxxxxxx Calendar Quarter during the same Xxxxxxx Calendar Year, the Sales Milestone Payments corresponding to all of such achieved Sales Milestone Events shall be payable within [***] after the end of such Xxxxxxx Calendar Quarter in accordance with Section 7.1. For clarity, Net Sales in a country made [***] will [***].

  • Notwithstanding anything to the contrary herein, Geron shall be obligated to pay down that portion of the cumulative balance of all Credited Amounts on an annual basis that exceeds [*] US dollars ($[*]) (the “Balance Ceiling”) during any applicable Xxxxxxx Calendar Year.

  • Royalties due shall be calculated by multiplying the applicable royalty rate by the applicable increment of aggregate worldwide Net Sales of applicable Licensed Products made in the applicable countries during a Xxxxxxx Calendar Year (or portion thereof), during the applicable Royalty Term in such countries, subject to any adjustments under Section 8.4.3 below.

  • Notwithstanding the foregoing, if Xxxxxxx makes any changes to the US Promotional Plan that in the aggregate result in a percentage increase to the Geron Promotional Funding Amount for a given Xxxxxxx Calendar Year above the Promotional Budget Variance Ceiling, then Geron shall have the right, upon notice to Xxxxxxx within [*] ([*]) days of Geron’s receipt of such invoice, to [*], in which case [*].

  • Subject to Section 8.4.4 and subject to any adjustments expressly permitted under Section 8.4.6 below, Xxxxxxx shall pay to Arrowhead royalties at the incremental royalty rates on the incremental tiers of aggregate reported Net Sales of ARO-HBV Products in the Territory, during a particular Xxxxxxx Calendar Year during the Royalty Term as set forth in the below table.

  • For the avoidance of doubt, if in the same Xxxxxxx Calendar Year both sales milestone events described below are first attained, then the payments for both such milestone events attained as specified below shall be due at the same time.

  • The following royalty rates shall apply to the specified tiers of incremental worldwide aggregate annual (in a Xxxxxxx Calendar Year) Net Sales of Licensed Products in countries during the Royalty Term while there is Innovator Protection.


More Definitions of Xxxxxxx Calendar Year

Xxxxxxx Calendar Year means a year based on Xxxxxxx’x universal calendar for that year used by Xxxxxxx for internal and external reporting purposes (a copy of which for the year 2014 and 2015 is attached hereto as Exhibit I); provided, however, that the first Xxxxxxx Calendar Year and the last Xxxxxxx Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be. [*] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
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Related to Xxxxxxx Calendar Year

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. The first Distribution Calendar Year is the calendar year immediately preceding the calendar year that contains the Participant’s Required Beginning Date and the last Distribution Calendar Year is the calendar year that contains the Participant’s date of death. The required minimum distribution for the Participant’s first Distribution Calendar Year shall be made on or before the Participant’s Required Beginning Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, shall be made on or before December 31 of that Distribution Calendar Year.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Calendar Week means any period of 7 days starting with the same day as the first day of the First Assignment;

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • 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.

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Remaining Dollar-Years means the amount obtained by (1) multiplying the amount of each then-remaining principal payment on such Debt by the number of years (calculated at the nearest one-twelfth) that will elapse between the date of determination of the Weighted Average Life to Maturity of such Debt and the date of that required payment and (2) totaling all the products obtained in clause (1) above.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.