Commercial Introduction definition

Commercial Introduction means, on a country-by-country basis in the Territory, the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Licensed Product by GNE, its Affiliates or any sublicensee in such country.

Commercial Introduction means the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Ganglioside Vaccine by Progenies Pharmaceuticals, Inc.

Commercial Introduction means, on a country-by-country basis in the Territory, the date of first commercial sale (other than for purposes of obtaining a Regulatory Approval) of the Licensed Product by Kedrion or its Affiliates or their sublicensees in an arms’-length transaction to an independent third party distributor, agent or end user in such country after obtaining all necessary Regulatory Approvals as may be necessary for such sale in such country.

Examples of Commercial Introduction in a sentence

• After the date of Commercial Introduction of the first Licensed Product, Progenics shall keep for at least three (3) years records of all sales of Licensed Products in sufficient detail to permit CBC to confirm the accuracy of Progenics' royalty calculations.

• After the date of Commercial Introduction of the first Licensed Product, GNE shall keep for at least three (3) years following the end of the calendar year to which they pertain records of all sales of Licensed Products, in sufficient detail to permit SG to confirm the accuracy of GNE's royalty calculations.

• For purposes of this Agreement and each Supply Agreement, for supply of Clinical Product and Commercial Product by CTI to Genentech and its permitted sublicensees, CTI shall be entitled to CTI's Fully Burdened Manufacturing Cost for such Clinical Product, and, commencing with the First Commercial Introduction of the Licensed Product that is such Commercial Product, CTI's Fully Burdened Manufacturing Cost for such Commercial Product.

• With respect to each and every Licensed Product, CBC shall supply one hundred percent (100%) of Adjuvant Requirements prior to Commercial Introduction of such Licensed Product, including for purposes of all research and development, pre-clinical trials and human clinical trials (including PLA-Enabling Human Clinical Trials) of such Licensed Product.

• After the date of Commercial Introduction of the first Licensed Product, all royalty payments shall be made within ninety (90) days after the end of each calendar quarter in which such sales were deemed to occur.

More Definitions of Commercial Introduction

Commercial Introduction means on a country-by-country basis the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Licensed Product by Progenics or its sublicensees in such country.

Commercial Introduction means the date upon which LPT or one or more Affiliates or Licensees (as defined hereunder) first achieves Net Sales following the final issuance of all required licenses and approvals by the United States Food and Drug Administration (“FDA”) (or equivalent licenses and approvals in a country other than the United States) allowing for the manufacture and sale of a Licensed Product for human use.

Commercial Introduction in a given country shall mean the date upon which ACORDA or one or more Licensees (as defined hereunder) have first achieved Net Sales in such country following the final issuance of all required licences and approvals by the United States Food and Drug Administration (“FDA”) (or equivalent licences and approvals in countries other than the United States) allowing for the manufacture and sale of a Product for human use.

Commercial Introduction of Licensed Product(s) means, on a country-by-country and Licensed Product-by-Licensed Product basis in the Territory, the date of first commercial sale (other than for purposes of obtaining Regulatory Approval) of a Licensed Product by Genentech, or any of its third party sublicensees in an arms'-length transaction to an independent Third Party in such country after obtaining all necessary Regulatory Approvals; provided that such Licensed Product(s) are neither units provided for evaluation purposes nor free units for indigent persons.

Commercial Introduction of Licensed Product(s) means, on a country-by-country and Licensed Product-by-Licensed Product basis, the date of first commercial sale of a Licensed Product by Alnylam or its Affiliates in an arms'-length transaction to an independent third party in such country after obtaining all necessary Regulatory Approvals; provided that such Licensed Product(s) are neither units provided for evaluation purposes nor free units for indigent persons.

Commercial Introduction means the date of first commercial sale (other than for purposes of obtaining regulatory approval) of a Melanoma Vaccine by CancerVax, Inc.

Commercial Introduction means the date of first commercial sale of a Licensed Product by Genentech.