Converted Product definition
Examples of Converted Product in a sentence
With respect to Converted Products, Incyte shall pay to Agenus royalties on Net Sales of each such Converted Product, on a Converted Product-by-Converted Product basis, at the rates set forth in Section 7.6(a)(iii) until such time as is provided in Section 4.6, and thereafter at the rates set forth in Section 7.6(a)(i).
Such annual reports shall be in a format mutually agreed upon by the Parties, and such reports shall include information listing any ongoing clinical trials as well as the regulatory filing status of the Converted Product.
The Converted Product Agreement -------------------------------- shall provide that Immunex shall keep AHP reasonably informed of current development activities with respect to the Converted Product, by providing AHP with a written annual report detailing the status of such development activities for the previous Calendar Year, and in general summarizing Immunex's efforts and progress made towards commercialization of the Converted Product.
As a condition ----------------------------------------------------- to the exercise of the Second Conversion Right, unless AHP has exercised its option to obtain a Replacement Product Call as set forth in Section 6.1(f) below, the Converted Product Agreement shall provide that Immunex shall make the following payments to AHP: ----------------- *Confidential Treatment Requested.
After 24 h, 23 ±15% of the rod-shaped CuNPs was presented as dissolved copper ions, which was 50 % less than the amount of ions released from spherical-shaped CuNPs in the same medium (Chapter 3).
Thus, if AHP exercises its option to obtain a Replacement Product Call as set forth above, Immunex shall retain all rights to the Converted Product that was the subject of the Conversion Right with no further obligation of any kind to AHP or its Affiliates under this Agreement other than the Amended ROFR, including but not limited to, payment of an initial fee, milestones and royalties.
If applicable laws or regulations require that taxes be withheld from royalties payable under such Converted Product Agreement, Immunex or its licensees, as applicable, shall (i) deduct such taxes from the remittable royalty, (ii) timely pay such taxes to the proper taxing authority, and (iii) send proof of such tax payment, if available, to AHP within sixty (60) days following such payment.
The Converted Product Agreement shall provide that ---------------- with each accounting required by Section 6.3(c) above, Immunex or its licensees, as applicable, shall also provide to AHP, without deduction except where expressly permitted by this Agreement, all earned royalty payments due for the Calendar Quarter for which the accounting is made.
The Converted Product Agreement shall provide ------------------- that payments by Immunex or its licensees, as applicable, shall be made to AHP in U.S. dollars.
The Converted Product -------------------------------------------- Agreement shall provide that Immunex shall pay or cause to be paid to AHP an earned royalty, on a country-by-country basis, at the rates set forth in Column A of Table II of Exhibit A hereto on Immunex's and its --------- licensees' quarterly Net Sales in any part of the world of the Converted Product, such royalties to begin on the date of Market Launch of such Converted Product in a specific country.