First Commercial definition
First Commercial. Sale shall mean the date of first invoice of Desitin for deliveries to wholesalers, hospital pharmacies, pharmacies or other independent parties;
First Commercial means First Commercial Development Company, a Pennsylvania limited partnership and its predecessor entity, First Commercial Development Company, a Pennsylvania general partnership.
First Commercial. Sale shall mean, on a country-by-country basis, the first invoiced targeted sale of a Licensed Product to a Third Party for use or consumption by the end user by or for LICENSEE following the receipt of any regulatory approval required for the sale of such Licensed Product, or if no such regulatory approval is required, the date of the first invoiced sale of a Licensed Product to a Third Party by or for LICENSEE in such country [****]. Generic Product shall mean, always with respect to a certain Licensed Product, any other product sold by a Third Party that (i) contains the same active ingredient (and no other active ingredient(s)) and has regulatory approval for the same use as the Licensed Product, (ii) has received marketing approval in the Licensed Territory by reference to any regulatory approval for the Licensed Product (or any data therein) and (iii) is sold in such country by a Third Party that is not an Affiliate or sub-licensee of LICENSEE or its Affiliates and did not purchase such product in a chain of distribution that included LICENSEE, its Affiliates or sub-licensees. HGF shall have the meaning set forth in the second whereas clause. ICH means International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use. Indemnifying Party shall have the meaning set forth in Section 9.4(a). Indemnitee shall have the meaning set forth in Section 9.4(a). Independent DGF Trial shall have the meaning set forth in Section 3.1(j). In-Field Sales shall have the meaning set forth in Section 2.2.3(c). Initial Indications shall mean DGF and AKI. IP shall mean all intellectual property rights, including, without limitation, Patents, copyright and related rights as well as Know-How and, to the extent required in the context, trademarks, trade names and domain names, rights in get-up, rights in goodwill or rights to ▇▇▇ for passing off, rights in designs, rights in computer software and database and any other intellectual property rights, in each case whether registered or unregistered and including all applications (and rights to apply) for and all similar or equivalent rights or forms of protection which subsist in any part of the world. IV shall mean intravenous. JDC shall mean Joint Development Committee as set forth in Section 11.2(a).
Examples of First Commercial in a sentence
Prior to the First Commercial Sale, the Licensee agrees to provide the IC with reasonable quantities of the Licensed Products or materials made through the Licensed Processes for IC research use.
No such reports or payments shall be due for any Product before the First Commercial Sale of such Product.
No such reports shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product in the Territory.
The Licensee agrees, after its First Commercial Sale and as part of its marketing and product promotion, to develop educational materials (e.g., brochures, website, etc.) directed to patients and physicians detailing the Licensed Products or medical aspects of the prophylactic and therapeutic uses of the Licensed Products.
No such reports or royalty shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product.
More Definitions of First Commercial
First Commercial means First Commercial Bank, a Mississippi banking corporation, having its principal place of business in Jackson, Mississippi.
First Commercial. SALE in the LICENSED TERRITORY: upon occurrence. PHS Patent license Agreement -- Nonexclusive CONFIDENTIAL L-176-99/0 Mode l980611 Page 15 FINAL AltaRexCorp. September 9, 1999 APPENDIX F--COMMERCIAL DEVELOPMENT PLAN Refer to License Application (attached). PHS Patent license Agreement -- Nonexclusive CONFIDENTIAL L-176-99/0 Mode l980611 Page 2 FINAL AltaRexCorp. September 9, 1999 APPLICATION FOR LICENSE TO PUBLIC HEALTH SERVICE INVENTIONS Thank you for your interest in the technology transfer activities of the U.S. Public Health Service. Your answers to the following questions will provide the foundation for licensing decisions. Please return this form and the required attachments to: OFFICE OF TECHNOLOGY TRANSFER, NATIONAL INSTITUTES OF H▇▇▇▇▇, ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇, MD 20892. IDENTIFICATION OF INVENTION(S) FOR WHICH LICENSE IS SOUGHT (Complete all relevant sections) U.S. Patent Numbers: 4,552,918 AND 4,612,282 Title of Patents: "PROCESS FOR PRODUCING MONOCLONAL ANTIBODIES REACTIVE WITH HUMAN BREAST CANCER" AND "MONOCLONAL ANTIBODIES REACTIVE WITH HUMAN BREAST CANCER" Biological Material(s): N/A Inventor(s): JEFF▇▇▇ ▇▇▇▇▇▇, ▇▇. AL. INFORMATION ABOUT APPLICANT
First Commercial sale: refers to the first sale or consumption of a licensed product to a third party for final use in the territory.
First Commercial. SALE The term "First Commercial Sale" shall mean, with respect to any Product, the first sale for end use or consumption of such Product in a country after all required approvals, including marketing and pricing approvals, have been granted by the governing Regulatory Authority of such country.
First Commercial. Sale" of GA-EPO covered by the TKT Patent Rights or which uses the TKT Technology shall mean the first sale for use or consumption by the general public of GA-EPO covered by the TKT Patent Rights or which uses the TKT Technology in a country in the Aventis Territory or TKT Territory, as applicable, after required marketing and pricing approval has been granted by the governing health authority of such country.
First Commercial. Sale shall mean the first time sales are made of --------------------- the Product by Faulding or its sublicensees to an unrelated third party.
First Commercial. Sale shall mean, with respect to any Licensed Product, the first sale to a third party for which revenue has been recognized by Licensee or a Sublicensee, for use or consumption of such Licensed Product in any country in the Licensed Territory; excluding, however, any transfer or disposition for compassionate or similar use for which no value is received by Licensee or any Sublicensee. For clarity, First Commercial Sale shall be determined on a License Product-by-Product and country-by-country basis and shall only occur if such sale is included in Net Sales.