Client’s Modification or Cancellation. A. Client may modify the delivery date, Specifications or quantity of Product in such Purchase Order only by submitting a written change order (“Change Order”) to Catalent at least thirty (30) business days in advance of the earliest scheduled Processing Date for the Processing covered by the Change Order. Such Change Order shall be effective and binding against Catalent only upon the written approval of Catalent, and notwithstanding the foregoing, Client shall remain responsible for the Firm Commitment portion of the Rolling Forecast. B. Notwithstanding any amounts due to Catalent under Section 4.4, if Client fails to place Purchase Orders sufficient to satisfy the Firm Commitment, Client shall, within thirty (30) days of receipt of invoice, pay to Catalent the Unit Price for all Units that would have been Processed if Client has placed Purchase Orders sufficient to satisfy the Firm Commitment. C. Neither changes nor postponement of any Batch of Product will reduce or in any way effect Client’s Minimum Requirement obligations set forth in Section 4.1.
Appears in 3 contracts
Samples: Softgel Commercial Manufacturing Agreement (Blue Water Acquisition Corp.), Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc), Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc)
Client’s Modification or Cancellation. A. Client may modify the delivery date, Specifications or quantity of Product in such Purchase Order only by submitting a written change order (“"Change Order”") to Catalent at least thirty (30) business days in advance of the earliest scheduled Processing Date for the Processing covered by the Change Order. Such Change Order shall be effective and binding against Catalent only upon the written approval of Catalent, and notwithstanding the foregoing, Client shall remain responsible for the Firm Commitment portion of the Rolling Forecast.
B. Notwithstanding any amounts due to Catalent under Section 4.4, if Client fails to place Purchase Orders sufficient to satisfy the Firm Commitment, Client shall, within thirty (30) days of receipt of invoice, pay to Catalent the Unit Price for all Units that would have been Processed if Client has placed Purchase Orders sufficient to satisfy the Firm Commitment.
C. Neither changes nor postponement of any Batch of Product will reduce or in any way effect Client’s 's Minimum Requirement obligations set forth in Section 4.1.
Appears in 1 contract
Samples: Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc)