RVL definition
Examples of RVL in a sentence
Before doing so, the RVL CA recommends that subscriber use the certificate to verify that the digital signature was created during the operational period of the certificate by the private key corresponding to the public key listed in the certificate, and that the message associated with the digital signature not been altered.
At the end of June and December of each Calendar Year and while Licensee is conducting Development activities hereunder, Licensee shall provide to RVL a written report, in reasonable detail for each of the Major Markets, of such Development activities it has performed, or caused to be performed, since the preceding report, and its Development activities in process, together with a high level report of its Development efforts outside of the Major Markets relating to the Licensed Products.
In addition, RVL shall provide to Licensee true and complete copies of the Regulatory Documentation submitted by RVL to Regulatory Authorities.
Licensee shall provide RVL with copies of INDs, and Module 1.5 and Module 2 of Drug Approval Applications for the Licensed Product in the Field in the Major Markets after completion of such filings.
Subject to the foregoing, RVL may elect at its sole cost and expense to participate in the enforcement of the Product Trademarks in the Territory.
RVL shall reimburse Licensee for its costs and expenses incurred in connection with such cure, and, without prejudice to any other rights or remedies of Licensee, Licensee may offset such costs and expenses against any milestone payments under Section 5.2 or any royalty payments under Section 5.3.
In consideration of the option grant and expanding the Territory to include Russia, Licensee would pay to RVL $2,000,000 (the “Option Exercise Payment”) no later than thirty (30) days after the date of written notice Licensee’s election to expand the Territory to so include Russia.
RVL shall have the right, during normal business hours and upon reasonable notice, to inspect and copy all such books and records maintained pursuant to this Section 3.3.4; provided that RVL has a justifiable reason and makes the request at reasonable timings and frequency, not exceeding once every Calendar Year during the term of this Agreement; provided, further, that RVL shall maintain such records and information disclosed therein in confidence in accordance with Article 7.
The upfront payment, milestones and royalties payable by Licensee to RVL pursuant to this Agreement (each, a “Payment”) shall be paid free and clear of any and all taxes, except for any withholding taxes required to be deducted therefrom by Applicable Law.
Until further notice, any payment to RVL shall be made to the following bank account: [***] For the purpose of calculating any sums due under, or otherwise reimbursable pursuant to, this Agreement (including the calculation of Net Sales expressed in currencies other than Dollars), Licensee shall convert any amount expressed in a foreign currency into Dollars by applying the TTM (Telegraphic Transfer Middle) rate published by the MUFG Bank, Ltd.