Common use of API That May Be Subject to a Nonconformity Clause in Contracts

API That May Be Subject to a Nonconformity. Any batch or shipment of API that reasonably may be suspected to be subject to a Nonconformity shall be handled as follows: (i) Such API held in inventory at Equateq shall be placed on “Hold” and shall not be shipped to Amarin or its designee, unless directed otherwise by Amarin; (ii) Any such API shipped to Amarin or its designee and held in stock as API or Product by Amarin or its designee shall maintain a “hold” or “unpassed” status, and shall not be released into passed inventory of Amarin or its designee until the Parties have completed any investigations pursuant to Section 6.8 and Amarin has approved the disposition of the API in writing; and (iii) Payment for such API whether shipped or unshipped shall [***]. Upon learning of a Nonconformity, Amarin shall have the right to [***].

Appears in 2 contracts

Samples: Api Supply Agreement, Api Supply Agreement (Amarin Corp Plc\uk)

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API That May Be Subject to a Nonconformity. Any batch or shipment of API that reasonably may be suspected to be subject to a Nonconformity shall be handled as followsfollows and consistent with the Quality Agreement: (i) Such such API held in inventory at Equateq Chemport shall be placed on “Hold” and shall not be shipped to Amarin or its designee, unless unless, upon completion of investigations pursuant to Section 6.8, such API is found to be not Nonconforming or it is directed otherwise by Amarin; (ii) Any any such API shipped to Amarin or its designee and held in stock as API or Product by Amarin or its designee shall maintain a “hold” or “unpassedrejectedstatus, status and shall not be released into passed approved inventory of Amarin or its designee until the Parties have completed any investigations pursuant to Section 6.8 and Amarin has approved the disposition of the API in writing6.8; and (iii) Payment payment for such API whether shipped or unshipped shall [***]. Upon learning of a Nonconformity, Amarin shall have the right to [***].

Appears in 2 contracts

Samples: Api Commercial Supply Agreement, Api Commercial Supply Agreement (Amarin Corp Plc\uk)

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API That May Be Subject to a Nonconformity. Any batch or shipment of API that reasonably may be suspected to be subject to a Nonconformity shall be handled as followsfollows and consistent with the Quality Agreement: (i) Such such API held in inventory at Equateq Chemport shall be placed on “Hold” and shall not be shipped to Amarin or its designee, unless unless, upon completion of investigations pursuant to Section 6.8, such API is found to be not Nonconforming or it is directed otherwise by AmarinXxxxxx; (ii) Any any such API shipped to Amarin or its designee and held in stock as API or Product by Amarin or its designee shall maintain a “hold” or “unpassedrejectedstatus, status and shall not be released into passed approved inventory of Amarin or its designee until the Parties have completed any investigations pursuant to Section 6.8 and Amarin has approved the disposition of the API in writing6.8; and (iii) Payment payment for such API whether shipped or unshipped shall [***]. Upon learning of a Nonconformity, Amarin shall have the right to [***].

Appears in 1 contract

Samples: Api Commercial Supply Agreement (Amarin Corp Plc\uk)

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