Net Realization definition

Net Realization means the net proceeds received by Seller in connection with the sale to third parties of Monthly Shortfall Quantities, after deduction of all costs of sale including freight, marketing fees, terminating, carrying cost of credit terms [*****] and inspection fees.

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Net Realization means that portion of the amounts paid or payable (whether in cash, cash equivalents, current or deferred consideration, barter, or other monetary or in-kind compensations or considerations of any nature) attributable to the sale or other distribution of a Designated Product, or to the grant of any rights to make, market, or otherwise exploit a Designated Product, which is to be treated hereunder as a net amount realized by the actual or intended recipient of the same, ******************************************* as provided under a Manufacturing and Marketing Plan approved by Committee Action and appropriately attributable thereto (including without limitation the Formulated TIMERx Price paid to PPG for the Formulated TIMERx incorporated therein, or if Section 6.9.5 becomes applicable, the amounts paid to Endo thereunder), all to be determined in accordance with the accounting and attribution standards and principles described in Exhibit 1.35, as the same may be amended from time to time by Committee Action.

Net Realization means that portion of the amounts paid or payable (whether in cash, cash equivalents, current or deferred consideration, barter, or other monetary or in-kind compensations or considerations of any nature) attributable to the sale or other distribution of the Product, or to the grant of any rights to make, market, or otherwise exploit the Product, which is to be treated hereunder as a net amount realized by the actual or intended recipient of the same, after the deduction of those direct and indirect costs incurred as provided under a Manufacturing and Marketing Plan approved by Committee Action and appropriately attributable thereto (including without limitation the Formulated TIMERx Price paid to Penwest for the TIMERx incorporated therein, or if Section 6.8.3 hereof becomes applicable, the amounts paid to Endo thereunder), all to be determined in accordance with the accounting and attribution standards and principles described in Exhibit 1.28 hereto, as the same may be amended from time to time by Committee Action.

Examples of Net Realization in a sentence

• In addition, within twenty (20) days following the end of each calendar quarter, an estimated statement of Net Realization for the quarter and the calculation of estimated Royalties for such completed quarter payable hereunder shall be provided by the party paying Royalties.

• Net Realization Net Sales plus Grant of Rights less Total Cost of Sales.

• Each payment shall be accompanied by a statement of Net Realization and/or U.S. Product Net Sales for the quarter and the calculation of the Royalties payable hereunder.

• All Royalties shall be due quarterly within 60 days following the end of each calendar quarter for Net Realization and/or U.S. Product Net Sales in such calendar quarter.

• All Royalties shall be due quarterly within 60 days following the end of each calendar quarter for Net Realization in such calendar quarter.

• As provided in Section 1.28 of the Definitions Exhibit, the price of the Formulated TIMERx used in the Product will be one of the deductions applied in the calculation of the Net Realization.

• Each payment shall be accompanied by a statement of Net Realization for the quarter and the calculation of the Royalties payable hereunder.

• The payment of pro-rata Net Realization Proceeds (clauses 11.4.4 and 11.4.5) by SSX to the Investors, in accordance with clauses 11.4.7 and 11.4.8 discharges the Investors' claims against the Issuer that related to the Collateral-Secured Instruments (clause 11.4.3) in an amount corresponding to that payment.

• Notwithstanding anything to the contrary herein, the Alliance Committee may agree to adjust the Minimum Net Realization at any time, and from time to time, should the market conditions and/or assumptions upon which the Minimum Net Realization was previously established change.

• As provided in Exhibit 1.28, the price of the Oxymorphone ADS used in the Product will be one of the deductions applied in the calculation of the Net Realization.

More Definitions of Net Realization

Net Realization means that portion of the amounts paid or payable --------------- (whether in cash, cash equivalents, current or deferred consideration, barter, or other monetary or in-kind compensations or considerations of any nature) attributable to the sale or other distribution of a Designated Product, or to the grant of any rights to make, market, or otherwise exploit a Designated Product, which is to be treated hereunder as a net amount realized by the actual or intended recipient of the same, after the deduction of those direct and indirect costs incurred as provided under a Manufacturing and Marketing Plan approved by Committee Action and appropriately attributable thereto (including without limitation the Formulated TIMERx Price paid to PPG for the TIMERx incorporated therein, or if Section 6.9.5 becomes applicable, the amounts paid to Endo thereunder), all to be determined in accordance with the accounting and attribution standards and principles described in Exhibit 1.35, as the same may be amended from time to time by Committee Action.

Net Realization shall have the meaning set forth in Section VII(E)(3) hereof.