Common use of Acceptance of Purchase Orders Clause in Contracts

Acceptance of Purchase Orders. Provided that a purchase order is consistent with the Rolling Forecast, Patheon will accept the purchase order by sending an acknowledgement to Client, including the confirmed Release Dates. Subject to Section 5.1(c). herein, if Patheon fails to acknowledge receipt of a purchase order within [**], the purchase order will be considered accepted by Patheon. An accepted purchase order will be binding on the parties (a “Firm Order”), except that either party may request to change the Release Date of the Product beyond [**] after [**]. The parties will negotiate in good faith and agree on any requested alternative Release Date. Neither party may unreasonably reject an alternative Release Date requested under this Section 5.1(d), but, if the parties cannot agree, the original Release Date confirmed by Patheon will apply.

Appears in 1 contract

Samples: Akebia Therapeutics, Inc.

AutoNDA by SimpleDocs

Acceptance of Purchase Orders. Provided To the extent that a purchase order covers Product that is consistent with forecast in the Rolling Forecast, Patheon will accept the purchase order by sending an acknowledgement to Client, including the confirmed Release Dates. Subject to Section 5.1(c). herein, if If Patheon fails to acknowledge receipt of a purchase order within [**]ten Business Days, the purchase order will be considered accepted by Patheon. An accepted purchase order will be binding on the parties (a “Firm Order”), except that either party may request to change the any Release Date beyond 90 days after the first day of the Product beyond [**] after [**]next month. The parties will negotiate in good faith and agree on any requested alternative Release Daterelease date. Neither party may unreasonably reject an alternative Release Date release date requested under this Section 5.1(d), but, if the parties cannot agree, the original Release Date confirmed by Patheon will apply.

Appears in 1 contract

Samples: Services Agreement (PLx Pharma Inc.)

Acceptance of Purchase Orders. Provided To the extent that a purchase order covers Product that is consistent with forecast in the Rolling Forecast, Patheon will accept the purchase order by sending an acknowledgement to Client, including the confirmed Release Dates. Subject to Section 5.1(c5.1(f). herein, if Patheon fails to acknowledge receipt of a purchase order within [***], the purchase order will be considered accepted by Patheon. An accepted purchase order will be binding on the parties (a “Firm Order”), except that either party may request to change the any Release Date of the Product beyond [***] after [**]the first day of the next month. The parties will negotiate in good faith and agree on any requested alternative Release Daterelease date. Neither party may unreasonably reject an alternative Release Date release date requested under this Section 5.1(d), but, if the parties cannot agree, the original Release Date confirmed by Patheon will apply.

Appears in 1 contract

Samples: Product Agreement (Amylyx Pharmaceuticals, Inc.)

Acceptance of Purchase Orders. Provided To the extent that a purchase order is consistent with the Rolling Forecastcovers Product, [***], Patheon will accept the purchase order by sending an acknowledgement to Client, including the confirmed Release Datesrelease date requested by Client. Subject to Section 5.1(c5.1(f). herein, if Patheon fails to acknowledge receipt of a purchase order within [**]ten Business Days, the purchase order will be considered accepted by Patheon. An accepted purchase order will be binding on the parties (a “Firm Order”), except that either party may request to change the any Release Date of the Product beyond [**] after *]. Patheon will use [***]. The parties will negotiate in good faith and agree on any requested alternative Release Date. Neither party may unreasonably reject an alternative Release Date requested under this Section 5.1(d), but, if the parties cannot agree, the original Release Date confirmed by Patheon will apply.

Appears in 1 contract

Samples: Product Agreement (Galera Therapeutics, Inc.)

AutoNDA by SimpleDocs

Acceptance of Purchase Orders. Provided To the extent that a purchase order covers Product that is consistent with forecast in the Rolling Forecast, Patheon will accept the purchase order by sending an acknowledgement to Client, including the confirmed Release Dates. Subject to Section 5.1(c5.1(f). herein, if Patheon fails to acknowledge receipt of a purchase order within [**]ten Business Days, the purchase order will be considered accepted by Patheon. An accepted purchase order will be binding on the parties (a “Firm Order”), except that either party may request to change the any Release Date beyond 90 days after the first day of the Product beyond [**] after [**]next month. The parties will negotiate in good faith and agree on any requested alternative Release Daterelease date. Neither party may unreasonably reject an alternative Release Date release date requested under this Section 5.1(d), but, if the parties cannot agree, the original Release Date confirmed by Patheon will apply.

Appears in 1 contract

Samples: Savara Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!