Commercial Year

Example Definitions of "Commercial Year"
Commercial Year. Shall mean the First Commercial Year and thereafter each calendar year of 365 days (or 366 days in a leap year) during the Term; provided that the last Commercial Year shall end on the final day of the Term.
Commercial Year. Each consecutive twelve (12) month period commencing on the date that ISTA receives written FDA approval of the Product.
Commercial Year. Is the twelve (12) months period each year following the first day of the calendar month (or the anniversary, respectively) after the date of the First Commercial Sale.
All Definitions