API Credit Value definition

API Credit Value means the value of the API for certain purposes of this Agreement, as set out in the applicable Product Agreement;
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API Credit Value means the value to be attributed to the API for certain purposes of this Agreement as set forth on Schedule E.
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API Credit Value means the value to be attributed to the API for certain purposes of this Agreement, as set forth in Schedule E.
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Examples of API Credit Value in a sentence

  • If the Actual Annual Yield falls below the respective Target Yield in a Year, then the shortfall for such Year (the “Shortfall”) shall be determined based on the following calculation: [(Target Yield – AAY] * API Credit Value * Quantity Dispensed ***Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.

  • The API Credit Value will be the lesser of (i) ** per kilogram and (ii) Supernus’ average ** of the API for the preceding Year.

  • Any payable reimbursement (within the maximum liability limits) for lost API will be made at the API Credit Value.

  • Halo’s maximum aggregate liability for loss or damage to all API under this Agreement, including Sections 2.1(b)(i), 2.3(e), 6.3(a) and 6.3(c), shall not exceed the Maximum API Credit Value in any given Year.

  • If there is a Shortfall for any API or PEO for a given Year, Halo shall credit Client’s account for the amount of such Shortfall within [*****] after the end of such Year, up to a maximum aggregate credit amount equal to the Maximum API Credit Value in respect of API and the Maximum PEO Credit Value in respect of PEO (the amount of such Shortfall for API or PEO, as capped by the Maximum API Credit Value or Maximum PEO Credit Value, as applicable, the “Materials Credit”).

  • The API Credit Value for Product will be as follows: Depomed’s actual average yearly cost for the API.

  • If the Actual Annual Yield falls below the respective Target Yield in a Year, then the shortfall for such Year (the “Shortfall”) shall be determined based on the following calculation: [(Target Yield – AAY] * API Credit Value * Quantity Dispensed * * * Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission.

  • If the Actual Annual Yield falls below [***] (the “Target Yield”) in a Year, then the shortfall for such Year (the “Shortfall”) shall be determined based on the following calculation: [Target Yield — AAY] * API Credit Value * Quantity Dispensed (in kilograms) The Shortfall shall be disclosed by Patheon on a reconciliation report prepared in the form annexed hereto as Schedule G.

  • If there is a Shortfall for a Product in a calendar year, then Supplier will credit Supernus’ account for the amount of the Shortfall not later than 60 days after the end of the calendar year using the API Credit Value.

  • The API Credit Value and Maximum Credit Value shall be as follows: [* * *] [* * *] [* * *] [* * *] [* * *] [* * *] [* * *] [* * *] * * * Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission.


More Definitions of API Credit Value

API Credit Value means the value of the API for certain purposes of this Agreement, as set forth on Schedule A.
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API Credit Value. Client’s actual cost for API not to exceed [ ] per kilogram. API value to be provided by Client and supported by such reasonable evidence as Patheon requests.
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API Credit Value means the value of the API on an actual cost per [***] basis ([***]);
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Related to API Credit Value

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Lender at any time shall be the product of (i) such Revolving Lender’s Revolving Facility Percentage and (ii) the aggregate Revolving Facility Credit Exposure of all Revolving Lenders, collectively, at such time.