APMF definition
Examples of APMF in a sentence
The Parties intend this Agreement to be a full, final and complete release of any and all claims that either of them may have against the other as of the Effective Date that arise out of or are related to the APMF And Letter Agreements.
This limitation of liability applies only to any cause of action arising out of the APMF and Letter Agreements.
Each Party fully and finally releases, discharges, and settles all claims or causes of action, known or unknown, arising out of or relating to the APMF and Letter Agreements.
The APMF will be payable within sixty (60) days after the Effective Date, and then within sixty (60) days after the start of every subsequent Contract Year for the remainder of the Term.
For clarity, the APMF shall apply per Product family per Facility (i.e., SUBLOCADE® is one Product family Processed at the Facility and PERSERIS® is the second Product family Processed at the Facility).
As of the Effective Date, the APMF under this Agreement shall be [***] dollars ($[***]) (i.e., $[***] for SUBLOCADE® + $[***] for PERSERIS®), subject to adjustment in the event additional Product families are added or removed at any time during the Term.
The APMF for the first Product manufactured at a Facility is fixed at [***] dollars ($[***]) per twelve (12) months, for the Term of the Agreement.
Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, lessee, licensee, licensor, supplier, customer or employee of Seller or any other Person with whom Seller has a relationship from maintaining the same relationship with Buyer after the Closing as it maintained with Seller prior to the Closing.
In the event that this Agreement is terminated prior to the expiration of the Term, Curia would provide a credit to Indivior for the pro-rated portion of the APMF for such partial Contract Year, unless Curia terminates based on Indivior's material breach of this Agreement, in which case, no such proration shall occur.
Indivior shall pay to Curia an Annual Product Maintenance Fee ("APMF") for each Product manufactured per Facility.