Satisfactory Financial Position definition
Satisfactory Financial Position has the meaning given in Article 9.1.
Satisfactory Financial Position means that ALVOTECH has sufficient funds available (or on call) to complete the preparation of the Dossier (including completion of the relevant clinical study) ready for submission to the EMA in accordance with Article 7.1, taking into account ALVOTECH’s income and other financial obligations.
Satisfactory Financial Position means the value of the Net Assets of the Fund is adequate to cover the liabilities of the Fund in respect of the Vested Benefits of the members of the Fund.