Switching Costs definition

Switching Costs means those incremental additional payments to be made by CureVac to a provider of LNP Technology other than under the Acuitas License or Arcturus License resulting from the decision by Genmab to switch from the First Collaboration Target to a Replacement Target, including payment of additional license or reservation fees and/or increased royalties because a new license of LNP Technology is required other than the Arcturus License or Acuitas License. For clarity, the term “Switching Costs” shall only comprise the delta between what CureVac would have had to pay to Arcturus under the Arcturus License or to Acuitas under the Acuitas License for an LNP Technology license relating to the First Collaboration Target and what CureVac will have to pay to a provider of LNP Technology other than under the Acuitas License or Arcturus License for an LNP Technology license relating to the Replacement Target. The Switching Costs shall be determined from time to time when any payment relating to the Replacement Target is due under such LNP Technology license other than Acuitas License or Arcturus License by comparing the actual total payments made or due under such other LNP Technology license with the payments that would have been made by or due from CureVac under the Arcturus License or Acuitas License with respect to the given Product. Whether the Arcturus License or Acuitas License will be used as reference point when making such calculations of the then current total Switching Costs will depend on which of the two LNP Technologies that were used for Product based on the First Program Antibody.
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Switching Costs means those damages claimed by Settlement Class Members when terminating their status as Greenway customers under circumstances where the EHR and/or the dashboard on Greenway’s software was a substantial cause in the practice’s decision to switch EHRs.
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Examples of Switching Costs in a sentence

  • Subject to the provisions of Section 4.1 concerning Switching Costs the license fees under any LNP Technology for use in relation to the first Product directed against the First Collaboration Target or Replacement Target, as applicable, are included in the license fees under this Agreement and CureVac shall thus be solely responsible for all and any payments related to the LNP Technology for use in relation to such first Product.

  • The answer to question 1 in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs is Yes.

  • The answer to question 2 in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs is Yes.

  • The answer to question 1.a. in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs is on or after October 2018.

  • The answer to question 3 in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs is Yes.

  • The answer to question 1.a. in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs is within the Class Period.

  • The answer to question 5 in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs identifies a number of providers.

  • For claims for Switching Costs, the Class Administrator shall multiply the total number of eligible per-provider claims by $500.

  • The answer to question 4 in the section of the claim form on Claims for Data Retrieval Expenses and/or Switching Costs identifies a new EHR.