Calendar Quarter definition

Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

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Calendar Quarter means each successive period of three (3) calendar months commencing on January 1, April 1, July 1 and October 1, except that the first Calendar Quarter of the Term shall commence on the Effective Date and end on the day immediately prior to the first to occur of January 1, April 1, July 1 or October 1 after the Effective Date, and the last Calendar Quarter shall end on the last day of the Term.

Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31; provided, however, that (a) the first Calendar Quarter of the Term shall extend from the Effective Date to the end of the first complete Calendar Quarter thereafter; and (b) the last Calendar Quarter of the Term shall end upon the expiration or termination of this Agreement.

Examples of Calendar Quarter in a sentence

During the Royalty Term, Company shall deliver to Vir Bio, [***] after each Calendar Quarter, a payment report setting forth: (i) the Net Sales of the Licensed Products by country in the Territory; (ii) the applicable royalty rates for the Net Sales; (iii) the exchange rates used in calculating any of the foregoing; and (iv) a calculation of the amount of royalty due to Vir Bio, in the case of (ii) through (iv), with respect to the Royalty Territory.
Company shall pay all royalties due in any Calendar Quarter [***] after receipt of an invoice therefor from Vir Bio, which invoice Vir Bio shall provide to Company following Vir Bio’s receipt of the applicable royalty payment report, commencing with the Calendar Quarter in which the first day of the first Royalty Term for the first Licensed Product occurs.
Such audits may not (i) be conducted for any Calendar Quarter [***] after the end of such Calendar Quarter, (ii) be conducted [***], or (iii) [***].
Each Committee, once established, will meet once every Calendar Quarter or as may otherwise be agreed by such Committee.
Credits for such reductions or deductions not exhausted in any Calendar Quarter shall be carried into future Calendar Quarters, subject to the preceding sentence.

More Definitions of Calendar Quarter

Calendar Quarter means the three-month period ending on the last day of March, June, September, or December.

Calendar Quarter means each of: the period beginning on and including January 1 and ending on and including March 31; the period beginning on and including April 1 and ending on and including June 30; the period beginning on and including July 1 and ending on and including September 30; and the period beginning on and including October 1 and ending on and including December 31.

Calendar Quarter or “Quarter” means a period of three (3) consecutive Calendar Months commencing on the first day of January, April, July and October of each Calendar Year.

Calendar Quarter means a quarterly period (a) for the first such period, beginning on the Commencement Date and ending on the last calendar day of either March, June, September or December, whichever is the first to occur after the Commencement Date, and (b) for quarterly periods thereafter, beginning on the first calendar day of the calendar month immediately after the month that ended the prior period and ending on the last calendar day of each successive three-calendar-month period thereafter (i.e., each March, June, September and December, starting in the applicable order depending on the ending date of first such period) of any year.

Calendar Quarter means the period beginning on the Effective Date and ending on the last day of the calendar quarter in which the Effective Date falls, and thereafter each successive period of three (3) consecutive calendar months ending on March 31, June 30, September 30 or December 31.

Calendar Quarter. A Calendar Quarter shall consist of one of the following time periods in any given year: January 1 through March 31, April 1 through June 30, July 1 through September 30, and October 1 through December 31.

Calendar Quarter each three month period starting on each January 1, April 1, July 1, and October 1, during the term of this Agreement.