Actual Annual Yield definition

Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a);
Actual Annual Yield or “AAY” will have the meaning ascribed thereto in Section 2.2.1(a);
Actual Annual Yield means the percentage of the Quantity Dispensed that was converted to Products for the Product at the Manufacturing Site in that Year and is calculated as follows:

Examples of Actual Annual Yield in a sentence

  • It will not be a material breach of this Agreement by Patheon under Section 8.2(a) if the Actual Annual Yield is less than the Target Yield.

  • But Client will be released from the Exclusivity Obligation set forth in Section 2.1.1 if the Actual Annual Yield falls more than [***] below the Target Yield in any Year.


More Definitions of Actual Annual Yield

Actual Annual Yield. (I) ((E/D) * 100) Shortfall: $_______________________ (J) (((H - 3 - I)/100) * G * D) (if a negative number, insert zero) Reimbursement calculation:
Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a); “Actual Yearly Volume” or “AYV” for each Product has the meaning specified in the applicable Product Agreement; "Affiliate" means:
Actual Annual Yield. (H) ((E ∕ D) * 100) [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. Master Manufacturing Services Agreement [*] Based on the foregoing reimbursement calculation Patheon will reimburse Client the amount of $ . Capitalized terms used in this report have the meanings given to the terms in the Agreement. DATE: PATHEON PHARMACEUTICALS INC. [or applicable Patheon Affiliate] Per: Name: Title:
Actual Annual Yield has the meaning set forth for such term in the Patheon Agreement, or shall have such other meaning as agreed to in writing by the Parties.
Actual Annual Yield has the meaning given in Section 5.4.1.
Actual Annual Yield or “AAY” will have the meaning provided in Section 4.2(b) of this Agreement.
Actual Annual Yield or “AAY” has the meaning specified in Section 2.2(a); [*CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AS TO CERTAIN PORTIONS OF THIS DOCUMENT. EACH SUCH PORTION, WHICH HAS BEEN OMITTED HEREIN AND REPLACED WITH AN ASTERISK ***, HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.]