FACILITIES RESERVATION Sample Clauses

FACILITIES RESERVATION. Xxxxxx shall reserve such equipment, space and resources in the Facility (after the above modifications described in Section 3.1 are completed) as needed to Produce and supply to Altus [***] Batches of Drug Product as contemplated by this Agreement (and to accomplish all related tasks as set forth in this Agreement) according to a schedule mutually agreed by the Parties in good faith. It is anticipated that such reservation would begin consistent with Schedule 1, and provided further that if additional Facility time is required for Xxxxxx to complete Production of the [***] Batches, the Parties shall mutually agree in good faith to a modified schedule to accomplish such Production as soon as practicable.
Sample 1
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FACILITIES RESERVATION. (a) Altus shall have the right to reserve, during a particular calendar year, the applicable Lonza Facility (and resources associated with such facility) as needed for Lonza to produce a specified number of Batches of a particular Bulk Product Component, such reservation(s) to be made and implemented according to the following terms and conditions: If Altus desires to so reserve an applicable Lonza Facility (and related resources) during a particular calendar year, Altus shall provide to Lonza a facilities reservation notice (a "Reservation Notice") no later than [***] of the prior year. Such Reservation Notice shall specify the number of Batches of each particular Bulk Product Component(s) for which Altus would like to reserve the applicable Lonza Facility manufacturing time during the following calendar year (such reservation to be above and beyond the Lonza Facilities time needed to manufacture all the Batches covered by the Annual Order for such year). Promptly after Lonza's receipt of a Reservation Notice, the Parties shall meet and [***] and [***] on the time frame, during the specified calendar year, during which Lonza shall reserve the applicable Lonza Facility for Altus, including [***] on [***] (based on Lonza's experience in manufacturing Batches) that will need to be reserved to accommodate such manufacturing, and the commencement date of such reservation (collectively, the "Reservation Period" applicable to such Reservation Notice). It is anticipated that, unless the Parties otherwise agree based on [***], the Reservation Period shall be scheduled to be near the [***] the [***]. Lonza covenants and agrees that, except as otherwise provided below, and subject to the other terms of this Section 3.5, Lonza shall reserve adequate manufacturing time and resources in the appropriate Lonza Facility in order to manufacture, during the applicable calendar year prior to the end of such year, the Batches specified in a particular Reservation Notice.
Sample 1

Related to FACILITIES RESERVATION

  • Collateral Protection Expenses Preservation of Collateral (a) If an Event of Default shall have occurred and be continuing, the Agent may discharge taxes and other encumbrances at any time levied or placed on any of the Collateral, make repairs thereto and pay any necessary filing fees. Each Grantor agrees to reimburse the Agent on demand for any and all expenditures so made. The Agent shall have no obligation to any Grantor to make any such expenditures, nor shall the making thereof relieve any Grantor of any default.

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Access to Facilities Each of the Company and each of its Subsidiaries will permit any representatives designated by the Purchaser (or any successor of the Purchaser), upon reasonable notice and during normal business hours, at such person's expense and accompanied by a representative of the Company, to:

  • Facilities and Expenses The Employer will furnish the Employee with office space, equipment, supplies, computer and facsimile equipment, telephones (including cellular telephone), automobile or automobile allowance and such other facilities, support staff and personnel as the Employer deems necessary or appropriate for the performance of the Employee's duties under this Agreement. The Employer will reimburse the Employee for reasonable business expenses incurred by him on behalf of the Employer in the performance of his duties; provided, that Employee furnishes to Employer documentation of such expenses as is required by the Internal Revenue Service, as well as such other documentation as the Employer may reasonably request. In addition, the Employer shall reimburse the Employee or otherwise provide and pay for all approved professional affiliation expenses incurred by the Employee. The Employee must file authorization requests, to the extent required by the Employer's employment policies and, in all instances, expense reports with respect to such expenses in accordance with the Employer's policies.

  • Enforcement and preservation costs The Borrower shall, within three Business Days of demand, pay to each Administrative Party and each other Secured Party the amount of all out-of-pocket costs and expenses (including legal fees) incurred by it in connection with the enforcement of or the preservation of any rights under any Finance Document and the Transaction Security and any proceedings instituted by or against the Security Agent or the U.S. Collateral Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

  • Facilities and Equipment 4 (a) Facilities..................................................4 (b) Maintenance.................................................4 (c)

  • Facility Prudential is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Prudential Affiliates from time to time, the purchase of Shelf Notes pursuant to this Agreement. The willingness of Prudential to consider such purchase of Shelf Notes is herein called the “Facility”. At any time, the aggregate principal amount of Shelf Notes stated in Section 1.2, minus the aggregate principal amount of Shelf Notes purchased and sold pursuant to this Agreement prior to such time, minus the aggregate principal amount of Accepted Notes (as hereinafter defined) which have not yet been purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time. NOTWITHSTANDING THE WILLINGNESS OF PRUDENTIAL TO CONSIDER PURCHASES OF SHELF NOTES BY PRUDENTIAL AFFILIATES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER PRUDENTIAL NOR ANY PRUDENTIAL AFFILIATE SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF NOTES, OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF NOTES, AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY PRUDENTIAL OR ANY PRUDENTIAL AFFILIATE.

  • Maintenance of Books and Records; Inspection The Company shall maintain its books, accounts and records in accordance with generally accepted accounting principles consistently applied, and permit the Secured Party, its officers and employees and any professionals designated by the Secured Party in writing, at any time to visit and inspect any of its properties (including but not limited to the collateral security described in the Transaction Documents and/or the Loan Instruments), corporate books and financial records, and to discuss its accounts, affairs and finances with any employee, officer or director thereof.

  • Facilities and Personnel The Sub-Administrator/Accounting Agent shall provide the office facilities and personnel required by it to perform the services contemplated by this Agreement.

  • Facilities Keep all properties useful or necessary to Borrower's business in good repair and condition, and from time to time make necessary repairs, renewals and replacements thereto so that such properties shall be fully and efficiently preserved and maintained.

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