Capable Entity definition

Capable Entity means any third party that, in Penwest's reasonable judgment, (a) has, as applicable, (i) a sales force in the Exclusive Territory that exceeds Horizon's sales force therein, (ii) annual sales that exceed those of Horizon, (iii) a financial capacity to market the Designated Product that exceeds that of Horizon and (iv) a capacity to manufacture the Designated Product in finished form that exceeds that of Horizon, and (b) does not manufacture, market or promote any oral, controlled-release drug delivery product.
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Examples of Capable Entity in a sentence

  • Penwest's decision with respect to such consent shall be based on whether, as of the time of the proposed assignment, the proposed assignee is a Capable Entity.

Related to Capable Entity

  • Eligible entity means a political subdivision that has:

  • Relevant Company means the Company, and any corporation or company derived from or resulting or surviving from the merger, consolidation, amalgamation, reconstruction or acquisition of the Company with, into or by such other corporation or company, and any other entity, all or part of the share capital of which is, or all or some of the securities of which are, at the relevant time included in the Exchange Property;

  • authorised entity means an Entity with whom the Client has entered into an Authorising Agreement pursuant to Clause 2A.1;

  • Outside Entity means any:

  • Responsible Entity means Pendal Fund Services Limited ABN 13 161 249 332, AFSL 431426;