Third Party Payments definition

Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

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Third Party Payments means payments from an individual, institution, corporation, or public or private agency which is liable to pay part or all of the medical costs incurred as a result of injury, disease or disability by or on behalf of an applicant or a past or present recipient of medical assistance.

Third Party Payments means payments from an individual, institution, corporation, or public or private provider which is liable to pay part or all of the medical costs incurred as a result of injury or disease on behalf of a consumer of medical assistance.

Examples of Third Party Payments in a sentence

Subject to ARTICLE 13 (Indemnity), each Party’s activities under this Section 10.5 (Defense of Claims of Infringement by Third Parties) shall be at its sole cost and expense except (i) that costs and expenses in connection with activities for the Profit Share Territory shall be Patent Costs and (ii) that Company shall have the right to deduct costs and expenses in connection with activities for the Royalty Territory pursuant to Section 9.3.3(iv) (Third Party Payments).
In no event will the aggregate amount of royalties due to Vir Bio during a Calendar Quarter be reduced, by reason of Sections 9.3.3(i) (Absence of Valid Claims), 9.3.3(ii) (Biosimilar Entry), 9.3.3(iii) (Inflation Reduction Act), or 9.3.3(iv) (Third Party Payments) (excluding any deduction under Section 9.3.3(iv) (Third Party Payments) that is attributable to Vir Bio’s breach of its representations and warranties hereunder), to [***].

More Definitions of Third Party Payments

Third Party Payments has the meaning set forth in Section 5.1.

Third Party Payments has the meaning set forth in Section 6.5.4(b).

Third Party Payments has the meaning set forth in Section ‎10.3(b)(iii).

Third Party Payments shall have the meaning set out in Section 7.6.

Third Party Payments means any and all obligations on the part of Licensor or its Affiliates to pay royalties, sublicense fees, milestones or other amounts to Third Parties pursuant to Contracts existing as of the Effective Date (or, in the case of Wrong Pockets Patents, Contracts existing as of the date of the Wrong Pockets Notice) to which Licensor or any of its Affiliates is a party or is otherwise bound, in each case to the extent that such obligation to pay arises from, or is a result of the grant to or exercise by Licensee or any Sublicensees of, any license, sublicense or other right to practice granted hereunder.

Third Party Payments means any and all obligations on the part of Licensor or any of its Affiliates to pay royalties, sublicense fees, milestones or other amounts to Third Parties pursuant to Contracts existing as of the Effective Date to which Licensor or any member of its Group is a party or is otherwise bound, in each case to the extent that such obligation to pay arises from, or is a result of the grant to or exercise by Licensee or any Sublicensees of, any license, sublicense or other right granted hereunder.

Third Party Payments means royalties and other sums payable to a third party with respect to a Licensed Product for the use of the applicable Third Party IP.