Examples of Profit Sharing Territory in a sentence
All expenses incurred by the Responsible Trademark Party with respect to the preparation, filing, prosecution, maintenance and enforcement of the Product Trademarks for the Profit Sharing Territory shall be included in Other Out-of-Pocket Costs and solely for the Royalty Territory shall be borne at the Independent Development Party’s sole expense.
Through the JSC, Biogen Idec shall advise and consult with PDL with respect to any significant issues or questions raised by any regulatory authorities in the ROW Territory with respect to a Royalty Product that Biogen Idec believes would have an adverse impact on the corresponding Collaboration Product in the Profit Sharing Territory.
The costs associated with such defense for the Profit Sharing Territory shall be included in [****] as set forth in Exhibit C and the costs associated solely with the Royalty Territory shall be borne by the Independent Development Party.
The Parties shall share Collaboration Product Profit hereunder with respect to each Collaboration Product in the Profit Sharing Territory until each such Collaboration Product is permanently withdrawn from and is no longer being sold anywhere in the Profit Sharing Territory or otherwise ceases to be a Collaboration Product.
Except as otherwise provided in this Section 6.10, the Parties will share all costs of a Recall with respect to any Collaboration Product in the Profit Sharing Territory as a Shared Promotion Expense.
Any other use of a Third Party, such as the sublicensing of a Third Party with respect to co-marketing and/or co-promotion in the Profit Sharing Territory, must be approved by the Steering Committee as described in Section 3.4, except to the extent such arrangements either directly or indirectly also -21- 28 involve the marketing, promotion, co-marketing and/or co-promotion of non-Collaboration Products.
If HMR determines that it needs promotion support in the Profit Sharing Territory and Amylin does not provide it, or HMR determines Amylin is not reasonably capable of providing it, then HMR may contract for additional promotion support from a Third Party.
Within ten (10) days after receipt of such report, HMR shall provide for each Collaboration Product one worldwide consolidated Financial Statement and individual Financial Statements for each country in the Profit Sharing Territory to the JCC, and the JCC shall promptly direct the remittance between the Parties of an Equalization Payment with respect to each Collaboration Product.
The Parties shall share Operating Profits or Losses hereunder with respect to each Collaboration Product in each Profit Sharing Territory until each such Collaboration Product is permanently withdrawn from and is no longer being sold anywhere in the relevant Profit-Sharing Territory.
All uses of a jointly owned trademark(s) to identify a Collaboration Product, whether sold as a Collaboration Product or as a Royalty-Bearing Product, shall comply with all applicable laws and regulations, and those laws and regulations particularly applying to the proper use and designation of trademarks in the countries of the Profit Sharing Territory or in Royalty-Bearing Countries, as applicable.