Janssen Calendar Year definition

Janssen Calendar Year means a year based on Janssen’s universal calendar for that year used by Janssen for internal and external reporting purposes (a copy of which for the year 2018 is attached hereto as Exhibit F); provided, however, that the first Janssen Calendar Year and the last Janssen Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be.
Sample 1
Janssen Calendar Year means a year based on the Johnson & Johnson Universal Calendar for that year; provided, however, that (a) the first Janssen Calendar Year of the Term shall begin on the Effective Date and end on the last day of Janssen Calendar Year 2021; and (b) the last Janssen Calendar Year of the Term shall begin on the first day of the Janssen Calendar Year in which this Agreement expires or terminates and end on the effective date of expiration or termination of this Agreement.
Sample 1

Examples of Janssen Calendar Year in a sentence

  • Each Currency Hedge Rate for a given country will remain constant throughout the entire Janssen Calendar Year.

  • Subject to Section 8.4.4 and subject to any adjustments expressly permitted under Section 8.4.6 below, Janssen shall pay to Arrowhead royalties at the incremental royalty rates on the incremental tiers of aggregate reported Net Sales of Non-ARO-HBV Products in the Territory, during a particular Janssen Calendar Year during the Royalty Term as set forth in the below table.

  • For the avoidance of doubt, the various milestone events specified in Section 8.3.3 may be achieved on account of the cumulative Net Sales aggregated for a single Licensed Product (if it is the only one sold) or several Licensed Products (if different Licensed Products are sold) in the applicable Janssen Calendar Year, but only one time for each milestone event regardless of the number of Licensed Products sold.

  • Subject to Section 8.4.4 and subject to any adjustments expressly permitted under Section 8.4.6 below, Janssen shall pay to Arrowhead royalties at the incremental royalty rates on the incremental tiers of aggregate reported Net Sales of ARO-HBV Products in the Territory, during a particular Janssen Calendar Year during the Royalty Term as set forth in the below table.

  • The burden is on White House officials to prove that the same adverse personnel actions would have been taken even if there had been no protected communications.

  • Royalties due shall be calculated by multiplying the applicable royalty rate by the applicable increment of aggregate worldwide Net Sales of applicable Licensed Products made in the applicable countries during a Janssen Calendar Year (or portion thereof), during the applicable Royalty Term in such countries, subject to any adjustments under Section 8.4.3 below.

  • After awarding of the winning bid(s), the purchase price plus 5% Buyers commission and VAT applicable of 14%, must be transferred within 48 hours to Ryncor Auctioneer's bank account:Bank: Branch: Branch code:Account Number:ABSAPretoria North 509-1454053081330Please state your reference number (Example: TEN 001) as shown on the Pro-Forma Invoice on all paymentsmade to this account and fax proof of payment to 086 696 5471 / +27 (12) 546 8410.

  • Note that SAPs are only eligible for one economic rehabilitation package per household even if they lose both their property and over 10 percent of their land holding.

  • For the avoidance of doubt, if in the same Janssen Calendar Year both sales milestone events described below are first attained, then the payments for both such milestone events attained as specified below shall be due at the same time.

  • Subject to any adjustments expressly permitted under Section 8.4.3 below, the royalty rate for calculating royalties due on the applicable increment of Page 43 of 87 aggregate worldwide annual (in a Janssen Calendar Year or the portion thereof falling within the applicable Royalty Term(s)) Net Sales of Licensed Products by Janssen and its Affiliates and Third Party sublicensees in applicable countries as provided in Section 8.4.1 shall be determined as provided below.

Related to Janssen Calendar Year

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. For distributions beginning before the Participant's death, the first "distribution calendar year" is the calendar year immediately preceding the calendar year which contains the Participant's "required beginning date." For distributions beginning after the Participant's death, the first "distribution calendar year" is the calendar year in which distributions are required to begin under Section 6.8(b). The required minimum distribution for the Participant's first "distribution calendar year" will be made on or before the Participant's "required beginning date." The required minimum distribution for other "distribution calendar years," including the required minimum distribution for the "distribution calendar year" in which the Participant's "required beginning date" occurs, will be made on or before December 31 of that "distribution calendar year."

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Limitation Year means the Plan Year.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • SONIA Compounded IndexStart means, with respect to an Interest Accrual Period, the SONIA Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Accrual Period; and

  • Non-Call Period has the meaning set forth under the definition of “Specific Redemption Provisions.”

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Remaining Dollar-Years means the amount obtained by (1) multiplying the amount of each then-remaining principal payment on such Debt by the number of years (calculated at the nearest one-twelfth) that will elapse between the date of determination of the Weighted Average Life to Maturity of such Debt and the date of that required payment and (2) totaling all the products obtained in clause (1) above.

  • Preceding year means a period of 12 consecutive months fixed by the division

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • SONIA Compounded IndexEnd means the SONIA Compounded Index Value on the date falling “p” London Business Days prior to (i) in respect of an Interest Accrual Period, the Interest Payment Date for such Interest Accrual Period, or (ii) if the Notes become due and payable prior to the end of an Interest Accrual Period, the date on which the Notes become so due and payable; and

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Borrower most recently ended prior to a Covenant Trigger Event for which Borrower is required to deliver to Administrative Agent quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (i) 10% of the Borrowing Limit, and (ii) $15,000,000 for 60 consecutive calendar days.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Testing Date means 31 December of each year.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);