COSTS ASSOCIATED WITH STORAGE Sample Clauses

COSTS ASSOCIATED WITH STORAGE. 5.6.1 LTS CORP agrees to bear all costs associated with storage of the Active Ingredient prior to use in the Manufacture of Product and, for Products after commercial launch, agrees to be responsible for all waste in excess of the amount agreed upon in writing by the Parties, based on the data on waste ratio derived from the first ten (10) commercial batches of Product after the date of first sale of Product. 5.6.2 LTS CORP shall use Commercially Reasonable Efforts to minimize waste. The Parties agree to annually review the amount of loss of Active Ingredient resulting from waste during the preceding year. An initial estimate of the waste ratio will be provided by LTS CORP prior to commencement of commercial Manufacturing.
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Related to COSTS ASSOCIATED WITH STORAGE

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