Pending Product definition

Pending Product of a Person, as of a certain date, means a Licensed Product developed by or for such Person that such Person reasonably expects to tapeout within eighteen (18) months of such date (as specified in a then-current written product roadmap as of such date) and that such Person reasonably expects to make (or have made) and sell commencing reasonably promptly thereafter.
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Examples of Pending Product in a sentence

  • Notwithstanding anything to the contrary contained in Section 3 Pending Product Orders; Continued Right to Sell, the Parties mutually agree that BeiGene and the distributors and the hospitals shall be entitled to sell the Fall 2023 Supply of Revlimid and Vidaza until the earlier of (y) exhaustion of such Fall 2023 Supply Product inventory or (z) February 28, 2025.

  • As used in this Settlement Agreement, the term "Pending Product Warranty Claims" shall mean all Product Warranty Claims made or of which BMC has received oral or written notice on or prior to the date of this Settlement Agreement; and the term "Post Settlement Product Warranty Claims" shall mean all Product Warranty Claims that are first received or made or of which oral or written notice is first received after the date of this Settlement Agreement.

  • Subject to Paragraph 1.5.1 of B, the Parties are responsible for their own costs and expenses incurred by them in complying with the foregoing obligations; provided, that Purchaser shall pay the reasonable and documented out-of-pocket costs of the Seller incurred after such six (6) month period following the provision of all of the documentation set forth on Exhibit 3 to Schedule 23 to Purchaser’s satisfaction with respect a Pending Product Registrations.

  • Notwithstanding the foregoing terms of this Clause 10.6, to the extent that Purchaser does not submit one or more Pending Product Registrations as a result of a request by the applicable Governmental Authority, then the six (6) month period shall be reasonably extended to the extent necessary for Purchaser to comply with such Governmental Authority’s request.