Distributor’s Obligations and Acknowledgments Sample Clauses
Distributor’s Obligations and Acknowledgments. The Distributor shall use its best efforts to register market, Sell and distribute the Product in the Territory, including but not limited to the following (in all events in a manner that is in accordance with its normal standards of doing business): [*****] Confidential portions of this document have been redacted and filed separately with the Securities and Exchange Commission.
(i) Shall obtain a License and any other approval by the Competent Authorities in each country for the Sale and distribution of the Products within each country in the Territory within eighteen (18) months after receipt, by the Distributor, of all required registration documents from Kamada, and obtain and maintain the acceptance by the Competent Authorities of the Products for inclusion in and coverage under the national healthcare reimbursement programs (i.e., government program) and any private insurance policies or programs in the Territory, and shall be responsible for all costs associated with the registration of the Product with the competent regulatory authorities in the Territory (including all costs associated with the grant of the marketing authorization, health authority fees, translation fees, taxes and variation fees as well as any related fees regarding the use of consultants required to perform local submissions at the health authorities) and the grant of License. All fees related to maintenance of the License during the Term shall be solely borne by the Distributor. If any clinical or similar studies are required by the Competent Authorities in the Territory, in order to obtain the License or other approvals, the Distributor shall provide Kamada with all relevant documentation and communication from such Competent Authority, and the Parties shall negotiate either party’s responsibility in conduction such studies.
(ii) publicize, promote and market the Products to maximize Sales of the Products in the Territory, to obtain and maintain acceptance of the Products among medical personnel, patients and the Competent Authorities, and to service its customers by maintaining regular contact, handling special orders, answering questions and complaints about the Products, and otherwise enhancing customer satisfaction;
(iii) handle and fill all orders for the Products in the Territory and maintain a prompt delivery service compatible with good business practice, the nature of the Products and the requirements of its customers;
(iv) maintain sufficient inventory of the Produc...
