Pharma definition

Pharma means the Company and Pharma as hereinbefore respectively defined and any successor to its business and/or assets as aforesaid.

Pharma means Catalytica Pharmaceuticals, Inc. and Xxxxxxx, Inc. and their direct and indirect subsidiaries. "Net Transaction Tax Liability" shall mean the product derived by multiplying the Applicable Tax Rate by the Chargeable Gain. The "Applicable Tax Rate" shall be 0.405. "Chargeable Gain" shall mean the algebraic sum of the following items (without duplication): (I) the Distribution Gain; less (II) any deductible items of the Company attributable to the Distribution, treating expenses related to the Distribution incurred or accrued on the date of the Distribution (the "Separation Date") as not allocable to Spinco's tax period beginning on the date after the Closing Date under Treas. Reg. (S)1.1502-76(b)(1)(ii)(B); less (III) any net operating losses of Spinco for its tax year ended on the Separation Date available for application against income of the consolidated group of which the Company is the common parent for the Company's tax year ending on the Closing Date; less (IV) the amount of any allowable deductions accrued on or prior to the Closing Date attributable to the acceleration, exercise or cancellation of the Company Options after the date hereof and on or prior to the Closing Date (assuming for the purposes of this subsection that a disqualifying disposition occurs with respect to all Company Options that are "incentive stock options" under Section 422 of the Code (as defined in Section 3.11(a)) that are exercised or cashed-out pursuant to Section 1.4(c) on or prior to the Closing Date); plus (V) the amount, if any, of the positive taxable income of Spinco required to be included for U.S. federal income tax purposes in the taxable income of the consolidated group of which the Company is the common parent for the Company's tax year ending on the Closing Date. "Distribution Gain" shall mean the excess, if any, of the Fair Market Value of the Spinco Stock distributed in the Distribution, over the Company's tax basis for U.S. federal income tax purpose in such Spinco Stock. The "Fair Market Value of Spinco Stock" shall be determined by multiplying the weighted average trading price of a share of Spinco stock on the first full day of trading after the Distribution by the number of shares of Spinco stock distributed. For purposes of this Agreement, "Subsidiary" means with respect to any person, any corporation or other legal entity of which such person owns, directly or indirectly, more than 50% of the outstanding stock or other equity interests, the holde...

Pharma has full authority to cause Parent to assign to Holdings Parent's interests in the Patents and the Patent Applications pursuant to Section 2.1(a) and to grant the Retained Patents License. Neither Pharma nor Parent has acted in any way that would interfere with Holdings' rights as granted herein.

Examples of Pharma in a sentence

• Such activities may proceed iteratively, as shown in Figure 2.3, until all required system characteristics are determined, at which point the implementable platform-dependent specification results that can now be realized and integrated into a full system prototype.

• Each warrant carries the right to subscribe for nominal DKK 1 ordinary share in Ascendis Pharma at the exercise price determined by the Board of Directors at the date of issuance.

• In the event that the Owner terminates the employment/consultancy relationship or the board membership, or in the event that Ascendis Pharma terminates the employment/consultancy relationship or board membership and the Owner has not given Ascendis Pharma good reason to do so, the Owner is entitled to exercise the warrants as if the employment/consultancy relationship or board membership continued unchanged.

• In the event that Ascendis Pharma terminates the employment/consultancy relationship or board membership and the Owner has given Ascendis Pharma good reason to do so, the Owner is only entitled to exercise the warrants vested at the time of termination (however, in case that the Owner is covered by the Danish Act No. 309 of May 5th, 2004 regarding the use of stock options etc.

• New shares subscribed for by exercise of issued warrants shall in every respect have the same rights as the present shares in Ascendis Pharma in accordance with the Articles of Association for Ascendis Pharma in force from time to time.

• A warrant is a right, but not an obligation, during fixed periods (exercise periods) to subscribe for new ordinary shares in Ascendis Pharma at a price fixed in advance (the exercise price).

• In case of one of the transactions mentioned above, Ascendis Pharma shall inform the Owner hereof by written notice.

• Each exercise period begins 2 full trading days after the publication of the public release of earnings data of a fiscal quarter of Ascendis Pharma and runs until the end of the second to last trading day in which quarter the relevant earnings release is published.

• Subscription for new shares by exercise of issued warrants must be made through submission by the Owner no later than the last day of the relevant exercise period at 16:00 CET to Ascendis Pharma of an exercise notice drafted by Ascendis Pharma.

• Where below in clause 3 and 4 terms for vesting and exercise of warrants are described as being dependent upon employment or service with Ascendis Pharma, this shall be understood as a reference to the relevant subsidiary by which the Owner is employed or provides services to.

More Definitions of Pharma

Pharma means any Third Parties that develop, manufacture or commercialize the ONCORUS Products, other than Contract Organizations.

Pharma has the meaning ascribed to it in Section 2.02(a).

Pharma means Par Pharma Group, Ltd., a Delaware corporation.

Pharma means Esprit Pharma, Inc., a Delaware corporation and wholly-owned Subsidiary of the Company.