Examples of Calendar Year in a sentence
FISCAL IMPACT For Calendar Year (CY) 2019, RAP’s revenue share from the Arcade was $1,103,641.
Subject to Sections 6.3.2, 6.3.3, 6.3.4 and 6.3.5, on a Product-by-Product basis, Vertex will pay Company non-refundable, non-creditable royalties based on the aggregate Net Sales of Products sold by Vertex, its Affiliates or Sublicensees in the Field in the Territory during a Calendar Year at the rates set forth in the table below.
Calendar Year returns: For any year’s percentage return, if the inception date of the relevant fund is after the 31st December of the previous year, the percentage return for the year will be calculated from its inception date to the end of that year.
For clarity, each milestone payment corresponding with the milestones numbered [***] as set forth in Section 6.2.2 are intended to be additive such that if both milestones numbered [***] are achieved in the same Calendar Year, Vertex will pay to Company a payment of $[***] (which, unless this Agreement is assigned to OSIF, will be included in the amounts payablx xx Vertex to Company under the Collaboration Agreement).
Such review may cover the records for sales made in any Calendar Year ending not more than two (2) years prior to the date of such request (unless Company’s, or any of its relevant Affiliate’s, internal company procedures require a shorter period); provided, however, that Licensor shall not be permitted to review any period (or portion thereof) more than once.