Chargeable Transaction definition
Chargeable Transaction the use sale or other disposal of a Product by or on behalf of the Licensee or sub-licensee, provided that where such sale or other disposal is made by or on behalf of the Licensee or sub-licensee to another company within its Group for further sale or disposal then the Chargeable Transaction shall be the first sale or other disposal outside that Group provided further that neither use of Product in clinical trials nor distribution of Samples as part of the Product promotion shall be deemed Chargeable Transactions as long as no consideration is received by the Licensee, sub-licensee or any Group Company in relation thereto, and provided always that if on the sale or disposal of Product by or on behalf of the Licensee, sub-licensee or relevant Group Company (as the case may be) the Product is not in Final Form then the Chargeable Transaction shall be the first sale of Product which is in Final Form;
Chargeable Transaction means the sale or other disposal of a Licensed Product by or on behalf of the Licensee or a Sub-licensee or their respective Affiliates during the longer of the following periods, namely:
Chargeable Transaction means the sale or other disposal of a Product by or on behalf of Novacea or a sub-licensee or Affiliate of Novacea during the Royalty Term provided that where such sale or other disposal is made by or on behalf of Novacea or a sub-licensee or Affiliate for further sale or disposal then the Chargeable Transaction shall be the first sale or other disposal to a Third Party outside that group, and provided always that if on the sale or disposal of Products by or on behalf of Novacea or a sub-licensee or Affiliate of Novacea (as the case may be) the Product is not Final Product then the Chargeable Transaction shall be the first sale of Product which is in Final Product form.
Examples of Chargeable Transaction in a sentence
Subject to Clause 11.3, this Clause 11.2 shall not remove the obligation of the Licensee to continue to pay royalties on such Licensed Products if their manufacture constitutes a Chargeable Transaction or if the sale in that country occurs within the period of [*] years from the First Commercial Sale.
More Definitions of Chargeable Transaction
Chargeable Transaction shall refer to a hotel reservation for which a Commission Payment is due to a travel agency and which is reported on a Settlement Statement sent by Citibank to the travel agency pursuant to this Agreement, including any adjustments which result in a change in the amount of the Commission Payment. "Chargeable Transactions" shall not include No Shows, Cancellations or Non-Commissionable Stays, as such terms are defined in the Procedures. Client shall pay Transaction Fees with its remittance for the corresponding Commission Payments.
Chargeable Transaction shall have the meaning ascribed in Clause 3.3.
Chargeable Transaction shall refer to a hotel reservation for which a Commission Payment is due to a travel agency and which is reported on a Settlement Statement sent by Citibank to the travel agency pursuant to this Agreement, including any adjustments which result in a change in the amount of the Commission Payment. "Chargeable Transactions" shall not include No Shows, Cancellations or Non-Commissionable Stays, as such terms are defined in the Procedures. Client shall pay Transaction Fees with its remittance for the corresponding Commission Payments. o Non-Chargeable Transaction Charge (Non-Chargeable Transaction Ratio to Total Transactions less than 50%) No Charge o Non-Chargeable Transaction Charge (Non-Chargeable Transaction Ratio to Total Transactions equal to or greater than 50%) $.075/Transaction o Mail Expenses At Cost o EFT (ACH) Payments (with Payment Advice) $.25/Payment o EFT (ACH) Payments (without Payment Advice) $.15/Payment o Diskette Production $10.00/Diskette o Mail Inserts $4.00/Thousand Inserts o Special Reports/Special Processing Runs o Test Market Module - Programming & Development $25,000 - Processing Runs (each cycle) $ 1,000 o Electronic Media Module - Programming & Development $18,000 o Fee Billing Module - Programming & Development $30,000 o VAT Tax Module - Programming & Development $15,000 o Customer Service System Input Module - Programming & Development $17,000