Calculation of Net Proceeds During the Pre-Transition Period and After the Transition Effective Date Sample Clauses

Calculation of Net Proceeds During the Pre-Transition Period and After the Transition Effective Date. 19.5.1 During the Pre-Transition Period, Sections 18 and 19 continue to apply and each of the parties agrees that it will continue to include in Manufacturing Expenses, Third Party Royalties and the Marketing and Distribution Expenses for Products only such costs and expenses as are reasonable for the purposes of calculating Net Proceeds under this Agreement, consistent with past practice. Each party agrees not to include in Manufacturing Expenses, Third Party Royalties and the Marketing and Distribution Expenses for Products during the Pre-Transition Period any unusual or exceptional costs or expenses without the prior written consent of the other party. 19.5.2 Upon and after the Transition Effective Date, Novartis shall book all sales in the Novartis Territory and pay to QLT the royalties provided in Article 20, and Sections 18 and 19.1 to 19.4 (inclusive) shall no longer apply to sales in respect of orders placed after the Transition Effective Date. 19.5.3 Upon and after the Transition Effective Date, QLT shall book all sales in the QLT Territory. The JCC shall coordinate a transition to QLT of all orders received by Novartis prior to the Transition Effective Date for Visudyne Product to be delivered after the Transition Effective Date in the United States so that QLT thereafter can assume responsibility for fulfilling such orders and distributing such Visudyne Product in the QLT Territory as required therefor, with QLT booking all such sales.
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Related to Calculation of Net Proceeds During the Pre-Transition Period and After the Transition Effective Date

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Obligation after the termination of personal data processing services