Common use of Acceptance of Products Clause in Contracts

Acceptance of Products. Agile will have a period of [*] business days following the receipt of each shipment of the Products to notify Corium of any discrepancies in the shipment quantity. Agile will have a period of [*] days following the receipt of the Products to test and inspect the Products and to notify Corium of: (i) any nonconformities of the Product with the applicable Product Specification; or (ii) any defects in material or workmanship; provided that Agile may, upon Corium’s prior approval (not to be unreasonably withheld), extend such [*] if reasonably necessary to complete Product testing. Agile will notify Corium in writing of its acceptance or rejection of any portion of any delivery of the Products prior to the expiration of such [*]period unless extended as permitted above. Any Products not rejected within such period, as it may be so extended, will be deemed accepted.

Appears in 4 contracts

Samples: License and Commercialization Agreement, Development, License and Commercialization Agreement (Corium International, Inc.), Development, License and Commercialization Agreement (Corium International, Inc.)

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Acceptance of Products. Agile will have a period of [*] business days following the receipt of each shipment of the Products to notify Corium of any discrepancies in the shipment quantity. Agile will have a period of [*] days following the receipt of the Products to test and inspect the Products and to notify Corium of: (i) any nonconformities of the Product with the applicable Product Specification; or (ii) any defects in material or workmanship; provided that Agile may, upon Corium’s prior approval (not to be unreasonably withheld), extend such [*] if reasonably necessary to complete Product testing. Agile will notify Corium in writing of its acceptance or rejection of any portion of any delivery of the Products prior to the expiration of such [*]] period unless extended as permitted above. Any Products not rejected within such period, as it may be so extended, will be deemed accepted.

Appears in 2 contracts

Samples: Development, License and Commercialization Agreement (Agile Therapeutics Inc), Development, License and Commercialization Agreement (Agile Therapeutics Inc)

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