Product Line Sale definition

Product Line Sale means (i) a sale, transfer or assignment to any Third Party that includes all or substantially all of rights covering a Product in the United States; or (ii) the sale or transfer of all or substantially all of the stock or consolidated assets of Buyer (whether by means of a merger, stock sale, asset sale, change of control or otherwise).
Product Line Sale shall exclude any transaction or series of related transactions that results in the direct or indirect transfer of all or a majority of the capital stock of the Buyer. Anything to the contrary herein notwithstanding, without the consent of the Company Equityholder Representative (not to be unreasonably withheld, conditioned or delayed), the Buyer shall not enter into any Product Line Sale (other than in connection with the sale or transfer of all or majority of the consolidated assets of the Buyer) if the Product Line Transferee then commercially sells in the United States an anti-coagulant reversal agent that competes with the Product.
Product Line Sale means a sale, transfer, assignment or license to any third party who is not an Affiliate of the Buyer, that includes all or substantially all of the rights covering any Product (including any Regulatory Approvals and Company Intellectual Property); provided that any transaction involving changes in the control of the Buyer shall not be a “Product Line Sale”.

Examples of Product Line Sale in a sentence

  • Drugs listed in Schedule 4 or 5 may be distributed by the custody officer for self-administration if they have consulted the appropriate healthcare professional authorising their use, and both parties are satisfied self-administration will not expose the detainee, police officers or anyone else to the risk of harm or injury.

  • If a Product Line Sale is consummated after a Voucher has been obtained and the Buyer has not made the Priority Review Voucher Payment prior to the consummation of such Product Line Sale, then the Voucher shall be deemed to have the value allocated to it by the parties to such transaction, which value shall not be less than the Deemed Proceeds (as if clause (a) above were applicable, but taking into account Income Taxes payable by the Buyer or its Affiliates in connection with such transaction).

  • In the event the acquirer is a publicly traded company with a market capitalization of not less than [****] at the time of such Product Line Sale, the Buyer shall have no further responsibility or liability for such obligations under this Section 2.8 and under Section 2.11 once the acquirer has assumed such obligations as set forth above.

  • In the event of a Product Line Sale to any other Person, the Buyer shall remain liable for the remaining obligations under this Section 2.8 and under Section 2.11 and the Company Equityholder Representative may enforce those obligations directly against the Buyer to the extent such purchaser shall have not fully performed those obligations within [****] of the date required under this Agreement.

  • If at any time Buyer or any of its Affiliates directly or indirectly consummates a Product Line Sale, Buyer shall cause the acquiror of the relevant Product to assume Buyer’s obligations under this Section 1.6. Section 1.7 Further Assurances.

  • As provided in Section 2.8(d), the provisions of this Section 2.11 shall apply to the use or sale of a Voucher by a transferee (or any of its Affiliates) in a Product Line Sale if the Voucher is obtained after the consummation of the Product Line Sale.

  • Anything to the contrary herein notwithstanding, without the consent of the Company Equityholder Representative (not to be unreasonably withheld, conditioned or delayed), the Buyer shall not enter into any Product Line Sale (other than in connection with the sale or transfer of all or majority of the consolidated assets of the Buyer) if the Product Line Transferee then commercially sells in the United States an anti-coagulant reversal agent that competes with the Product.


More Definitions of Product Line Sale

Product Line Sale means a sale, transfer, assignment, license or sublicense to any person or entity who is not an Affiliate of the Buyer, that includes all or substantially all of the rights in or to PRX-OTC.
Product Line Sale means a sale, transfer, assignment or license to any third party who is not an Affiliate of the Buyer, that includes all or substantially all of the rights covering the Product (including Regulatory Approvals and Purchased Intellectual Property); provided that any transaction involving changes in the control of the Buyer shall not be a “Product Line Sale”.
Product Line Sale means the sale, conveyance, or other disposition or series of dispositions of all or substantially all of any of the Probing, Electrical FA, Circuit Edit, or the NEXS eda and cad link software suite product lines, whether by spin-off, asset sale, exclusive irrevocable license of all the Acquired IP related to such product line or otherwise.

Related to Product Line Sale

  • Product Line means a group of related products manufactured by a single company, or offered by a company in their usual course of business.

  • Marijuana-infused products means products that contain marijuana or marijuana extracts and are intended for human use. The term "marijuana-infused products" does not include useable marijuana.

  • Defective Product has the meaning set forth in Section 5.2.

  • Replacement Product means electric generating capacity, capacity-related benefits, environmental attributes, Energy or other electric products from a generation resource other than the Facility that are provided or delivered to replace or substitute for Contract Capacity or Storage Capacity (or any Capacity-Related Benefit, Environmental Attribute, Other Electric Product, Contract Energy, or Storage Energy associated therewith), in each case, in whole or in part, pursuant to Section 4.6.

  • Other Products means all products and services, other than an Advance, Credit Product or Derivative Transaction, offered by the Bank to any Obligor from time to time, including correspondent banking services, mortgage purchase programs and affordable housing and community investment products and services.

  • Other Product means Product which an End User acquired from sources other than Integrator.

  • Combination Products means any product containing both a pharmaceutically active agent or ingredient which constitutes a Licensed Product and one or more other pharmaceutically active agents or ingredients which do not constitute Licensed Products.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Alternative nicotine product means any vaping product, whether or not it includes nicotine, including electronic smoking devices, that can be ingested into the body by chewing, smoking, absorbing, dissolving, inhaling, or by any other means. ‘Alternative nicotine product’ does not include:

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.

  • Manufacture means the production of products in a factory using labour, materials, components and machinery and includes other related value-adding activities.

  • Excluded Products means the items described on the applicable restricted products per country, any other applicable Program Policy, or any other information made available to you by LINIO.

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Manufactured products means items and construction materials composed in whole or in part of non-ferrous metals such as aluminum; plastics and polymer-based products such as polyvinyl chloride pipe; aggregates such as concrete; glass, including optical fiber; and lumber.

  • Business Products means all products or services that have been or are currently sold, licensed, provided, supported, distributed or otherwise disposed of by the Business, including all products or services in development.

  • Hemp products means all products made from industrial hemp,

  • Existing Products Tangible Products and intangible licensed Products which exist prior to the commencement of work under the Contract. Contractor retains the burden of proving that a particular product was existing before commencement of the Project. .

  • Vapor product means any:

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Existing Product means any formulation of the same product category and form sold, supplied, manufactured, or offered for sale in California prior to the following dates, or any subsequently introduced identical formulation:

  • Combination Product means (a) a product containing a Licensed Product together with one or more other active ingredients that have independent biologic or chemical activity when present alone that are sold as a single unit, or (b) a Licensed Product together with one or more products, devices, pieces of equipment or components thereof, that are sold as a single package at a single price.

  • Additional Product means any Product identified as such in the Product Terms and chosen by Enrolled Affiliate under this Enrollment.

  • Aerosol product means a pressurized spray system that dispenses product ingredients by means of a propellant contained in a product or a product's container, or by means of a mechanically induced force. “Aerosol Product” does not include “Pump Spray.”

  • Additional Products means products, services and applications that are not part of the Services but that may be accessible, via the Admin Console or otherwise, for use with the Services.

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.