Common use of First Commercial Sale Clause in Contracts

First Commercial Sale. Within thirty (30) days of its occurrence, DERMA shall notify QMT of the date of First Commercial Sale of a Product by DERMA or its Designees or Affiliates to a Third Party end user in each new country in the Territory.

Appears in 3 contracts

Samples: Patent and Technology License Agreement (Quick Med Technologies Inc), Patent and Technology License Agreement (Quick Med Technologies Inc), Patent and Technology License Agreement (Derma Sciences, Inc.)

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First Commercial Sale. Within thirty (30) days of its occurrence, DERMA shall notify QMT of the date of First Commercial Sale of a Product by DERMA or its Designees or Affiliates to a Third Party end user in each new country in the TerritoryTerritory in which Products have not previously been sold.

Appears in 1 contract

Samples: Patent and Technology License Agreement (Quick-Med Technologies Inc)

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First Commercial Sale. Within thirty (30) days of its occurrence, DERMA shall notify QMT of the date of First Commercial Sale of a Product by DERMA or its Designees or Affiliates to a Third Party end user in each new country in the Territory.Territory in which Products have not previously been sold. *** This material has been omitted pursuant to a request for a confidential treatment and filed separately with the Securities and Exchange Commission. 6

Appears in 1 contract

Samples: Patent and Technology License Agreement (Derma Sciences, Inc.)

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