AZ Group definition
Examples of AZ Group in a sentence
Company further acknowledges that the research, development and commercial organizations within the AZ Group operate through multiple business entities.
Pursuant to the “Procedure” provided in section 4 of Revenue Procedure 2004-53, 2004-2 C.B. 320, each of Spinco and Medi LLC (or the applicable member of the AZ Group) shall file a Form W-2 with respect to any Transferred Employees for the calendar year in which the Closing occurs.
AstraZeneca shall continue to store the Existing Materials in a manner that is consistent with the manner such Existing Materials are being stored by the AZ Group as of the Effective Date, at SPINCO’s cost and expense.
The AZ Group shall be exclusively responsible for complying with COBRA with respect to its employees (including the Transferred Employees) and their qualified beneficiaries by reason of any such employees’ termination of employment with the AZ Group, and Spinco shall not have any Liability to provide rights under COBRA on account of any such termination of employment.
Upon SPINCO’s request, the Parties will negotiate in good faith and deal fairly in entering into a separate commercial supply agreement for the Product based on the terms and conditions customarily used by AstraZeneca in similar agreements with parties outside of the AZ Group (any such agreement, the “Commercial Supply Agreement”).
AstraZeneca shall continue to store the Existing Materials in a manner that is consistent with the manner such Existing Materials were stored by the AZ Group as of the effective date of the APA, at Viela’s cost and expense.