AAGS definition

AAGS means the average annualized Roche Adjusted Gross Sales of Daclizumab calculated according to the following: where [*] is the [*] for the period from [*] through the most recent [*] ended [*] the [*] of (i) the date of [*] that [*] the [*]; or (ii) the date of [*] that [*] the [*]; [*] is that portion of [*] that [*], to [*] reasonable satisfaction, to be [*] to [*] for [*] in [*] or [*]; and [*] is the [*] of [*] from (and including) [*] through the end of the [*] ended [*] to the [*] of (i) the date of [*] that [*] the [*]; or (ii) the date of [*] that [*] the [*]. By way of illustration and without limitation, [*]
AAGS means the average annualized Roche Adjusted Gross Sales of Daclizumab calculated according to the following: [CONFIDENTIAL TREATMENT REQUESTED]

Examples of AAGS in a sentence

  • No other individuals, persons or entities shall have authority to engage in solicitation activities with respect to the Contracts, unless expressly approved in writing by AAGS, in its sole discretion, except to the extent permitted by the following paragraph.

  • AAGS shall maintain all records required by the rules and regulations of the NASD.

  • AAGS shall use its best efforts to market the Contracts actively, directly or through Distributors, subject to applicable material market and regulatory conditions.

  • AAGS shall be solely responsible for background investigations of the AAGS Representatives to determine their qualifications, good character, and moral fitness to sell the Contracts.

  • AAGS shall solicit, and shall instruct Distributors to solicit, sales of the Contracts only in those states or jurisdictions listed on Schedule 3 as in effect at the time of solicitation.

  • AAGS is and shall remain registered during the term of this Agreement as a broker-dealer under the 1934 Act, is a member with the NASD, and is duly registered under applicable state securities laws.

  • All solicitation and sales activities engaged in by AAGS and the AAGS Representatives in regard to the Contracts shall be in compliance with all applicable federal and state securities laws and regulations, as well as all applicable insurance laws and regulations.

  • This indemnification shall be in addition to any liability that AAGS may otherwise have; provided, however, that no person shall be entitled to indemnification pursuant to this provision if such loss, claim, damage or liability is due to the willful misfeasance, bad faith, gross negligence or reckless disregard of duty by the person seeking indemnification.

  • AAGS shall enter into separate written sales agreements with such Distributors.

  • All notices hereunder are to be made in writing and shall be given: If to AILIC, to: Annuity Investors Life Insurance Company ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ Attention: General Counsel If to AAGS, to: AAG Securities, Inc.