Common use of Correct Quantities Clause in Contracts

Correct Quantities. In the event LTS delivers at least [***] of the order and not more than [***], LTS shall be deemed to have delivered the ordered quantities of Patches. It is understood that NeurogesX shall however only pay for the Patches it actually received, but not more than [***] of the applicable order, and only the actual number of Patches ordered and received shall be used to determine whether or not LTS has supplied [***] as the case may be, of the Binding Quantities under Section 6.4(a)(i)(1) below.

Appears in 4 contracts

Samples: Commercial Supply and License Agreement, Financing Agreement (NeurogesX Inc), Distribution Agreement (NeurogesX Inc)

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