Unit Sales definition
Examples of Unit Sales in a sentence
Capitalized terms used but not defined herein shall have the meanings given such terms in the Unit Sales Agreement.
InterMune affirms its covenant and agreement to remit the full amount of such royalties directly to Genentech or the applicable third party, and shall indemnify Connetics against any action by Genentech or such third party to collect royalties for Actimmune Unit Sales made after April 27, 1999.
UCB shall accompany each such payment with a statement setting forth the calculation for such payment, including the amount of Extended Unit Sales, WAC, deductions included in the definition of Net Sales, Royalty Bearing Sales and deductions from Royalty Bearing Sales included in the definition of Gross Margin.
UCB shall provide such information it has used in its determination of Extended Unit Sales no less often than [*] per Calendar [*] and such information it has used to calculate the [*] no less often than [*] per Calendar [*].
If the [*] then as part of the [*] adjustment for the most recently ended Calendar [*] the number of Extended Unit Sales for such Calendar [*] otherwise calculated from [*] shall be multiplied by the [*].
In addition, in the event the 2024 Unit Sales include at least 2,400 Units sold in the business-to-business channel, the Sellers shall be entitled to an additional number of Earn-Out Shares equal to the amount of the quotient of (x) $3,000,000 divided by (y) VWAP for the Common Stock based on the 10 consecutive trading days ending on (and including) December 31, 2024, on The Nasdaq Stock Market LLC as reported by Bloomberg L.P., subject to the VWAP Collar.
See "--Determination of Merger Price--Recent Unit Sales; Tender Offer." - The merger will eliminate the uncertainties relating to the amount and timing of any liquidation of the Partnership following the sale of the Properties, which will depend upon the then-current markets for the Properties, as well as upon amounts that would be required to be reserved to satisfy contingent liabilities associated with these sales.
UCB shall provide Dermira with [*] and any other information that UCB has used in its determination of Extended Unit Sales and to calculate the [*] subject to Dermira’s reimbursing UCB for any incremental payment made to any [*] provider to the extent such payment obligation directly results from UCB’s sharing such information with Dermira and subject to Dermira’s entering into any written agreement to comply with such Third Party’s requirement prior to receiving such information from UCB.
If the Parties cannot reach agreement within [*] Business Days following the date on which a Party submits an Adjustment Request to the JCC, then either Party may [*] under Section [*] to either confirm the validity of the existing method of measuring and calculating Extended Unit Sales or to establish a new method of measurement and calculation.
Either Party may at any time bring data to the JCC that [*] sales of Product in the United States with [*] and such Party may request an adjustment in the method used to calculate Extended Unit Sales (an “Adjustment Request”).