First Commercial Sale

First Commercial Sale. The first bona fide commercial sale of such Product in such country by or under authority of VI

First Commercial Sale. With respect a Licensed Product means the first Commercial Sale (without regard to approved indication) in any jurisdiction in the Territory in a bona fide arm's length transaction after marketing approval from the relevant regulatory authority in such jurisdiction has been obtained.

First Commercial Sale. With respect to a Licensed Product in any country, the first commercial transfer or disposition for value of such Licensed Product in such country to a Third Party by Company, an Affiliate of Company or a Sublicensee of Company. For avoidance of doubt: IND treatment sales, compassionate use sales or named patient sales in a country before Marketing Approval in such country shall not be deemed to constitute a First Commercial Sale in such country

First Commercial Sale. The first sale of Product for which payment has been received for use or consumption by the general public of such Product in the Territory after all required Marketing Approvals have been granted, or such sale is otherwise permitted, by the Regulatory Authority in such country, excluding samples, compassionate use (including named patient programs) and the like.

First Commercial Sale. Shall mean the first sale for use or consumption in the Field of Products in any country after required marketing approval has been granted by the governing health authority.

First Commercial Sale. With respect to a Product, the first sale of such Product by ADF, its sublicensees or their respective Affiliates to customers who are not Affiliates in the Territory.

First Commercial Sale. Means, with respect to a particular Product in a particular country, the first arms-length sale to a Third Party of such Product in such country after Regulatory Approval has been obtained in such country. First Commercial Sale shall not include any transfer or disposition of a sample or for charitable purposes (including, without limitation, pursuant to an early access, compassionate use, named patient, indigent access or patient assistance program), or for preclinical, clinical or regulatory... purposes View More

First Commercial Sale. Means the first sale of a Licensed Product by Isis or a Sublicensee to a Third Party.

First Commercial Sale. A bona fide transaction for which consideration is earned for the sale of any Licensed Product or the practice of a Licensed Method by Licensee or a Sublicensee, following approval of its marketing by the appropriate governmental agency for the country in which the sale is to be made. When governmental approval is not required, First Commercial Sale means the first bona fide transaction for which consideration is earned for the sale of any Licensed Product or the practice of a Licensed Method... by Licensee or a Sublicensee in that country. View More

First Commercial Sale. The date of the first sale of an Eligible Product made by or on behalf of Histogenics in the normal course of business