Propofol definition
Examples of Propofol in a sentence
Payments to be made in connection with the sale split of Net Sales of DepoMorphine and Propofol IDD-D shall be made in accordance with Sections 5.2 and 5.
Endo, its Affiliates, Sublicensees and its Subcontractors shall not solicit or accept any bartered goods or services in exchange for the sale or transfer of DepoMorphine or Propofol IDD-D.
As soon as practicable after the Effective Date, the Parties shall enter into, with one another and/or a Third Party, a Supply Agreement and a Quality Agreement with respect to the supply and manufacture of Propofol IDD-D.
The Propofol IDD-D Quality Agreement shall as much as practicable be based upon the DepoMorphine Quality Agreement and shall be negotiated and entered into in good faith by the Parties.
The Propofol IDD-D Supply Agreement shall be in the form annexed to this Agreement as Exhibit C with such changes as may be agreed to by the Parties.
For example, if Net Sales for the 12 month period ending June 30 were $270,000,000 the sales split rate applicable to such Payment Period would be 55% for DepoMorphine and Propofol IDD-D.
If, at the end of such six (6) month period, Baxter has not purchased at least the number of finished dosage units of Propofol equivalent to the sum of such shortfall plus *** of compounded bulk propofol, Gensia Sicor shall have the right to terminate this Agreement immediately.
Prior to commercialization, the parties shall mutually agree on the allocation of costs for the manufacture, marketing, sales and distribution of the New Propofol Formulation.
The terms of payment are net thirty (30) days from the date of the invoice which invoice shall not predate the shipment of Propofol.
The Propofol Product Incentive for each calendar quarter shall be offset against the Percentage Payment for Propofol owing to Gensia Sicor for such calendar quarter.