Adjusted Contract Compliance Sample Clauses
The Adjusted Contract Compliance clause defines the requirements for parties to meet modified or updated standards of performance or obligations under a contract. Typically, this clause allows for the original compliance terms to be revised in response to changes in law, regulations, or mutual agreement, ensuring that both parties remain in alignment with current requirements. Its core function is to provide flexibility and maintain enforceability of the contract by allowing adjustments, thereby preventing breaches due to circumstances beyond the parties' control.
Adjusted Contract Compliance. MMCAP Infuse Contract Salesa + Alternate Contract Salesb
a. MMCAP Infuse Contract Sales: Products for which MMCAP Infuse has negotiated a contract
b. Alternate Contract Sales consist of Products purchased under the 340B Drug Pricing Program, Products purchased from contracts individually negotiated by the MMCAP Infuse Participating Facilities, and/or Products purchased from the Wholesaler’s Generic Drug Program.
c. Total Sales consist of MMCAP Infuse Contract Sales, Alternate Contract Sales, and Non- Contract Sales.
d. In the event that an MMCAP Infuse Participating Facility has a 340B account, that portion of the MMCAP Infuse Participating Facility’s business will be assigned a separate account number and Contract Compliance will be calculated in the same manner for that account.
Adjusted Contract Compliance. MMCAP Contract Salesa + Alternate Contract Salesb Total Salesc