FAILURE TO SUPPLY SPECIALIZED DEVICE FORECASTS Sample Clauses

FAILURE TO SUPPLY SPECIALIZED DEVICE FORECASTS. [***] Confidential material redacted and filed separately with the Commission. (a) Within ninety (90) days of an Affirmative Determination, InnerDyne shall provide to a third party, who shall be a mutually acceptable escrow agent, sufficient information about and documentation of raw materials, know-how, methods of manufacture, compositions, relevant quality control procedures, and regulatory documentation ("Escrow Information") to permit someone skilled in the art of manufacturing medical devices to practice the license granted in Section 5.3. From time to time InnerDyne shall deposit with the escrow agent updated Escrow Information as such Escrow Information changes or accumulates. The Parties shall enter into an agreement with such third party escrow agent at Genesis' cost providing, among other things, that the Escrow Materials be released to Genesis in the event that (a) InnerDyne elects not to manufacture and supply under Section 2.5(c); or fails to supply pursuant to Section 4.6(b) as provided below. (b) In the event InnerDyne is unable to supply Genesis' binding forecasted Specialized Device Units by a shortfall of greater than [***], it shall immediately notify Genesis. Such a failure shall be deemed a material breach by InnerDyne. At such time, Genesis may, at its sole election, either: (a) work with InnerDyne to find a mutually agreeable solution to the supply shortfall; (b) immediately exercise the license in Section 5.3; or (c) terminate this Agreement. In the event that Genesis elects to terminate this Agreement pursuant to subsection 4.6(b)(c), and less than [***] has elapsed since the Effective Date, InnerDyne shall return to Genesis the fee set forth under Section 5.7(b) of [***]. In the event Genesis elects to exercise the license in Section 5.3, InnerDyne shall promptly assist Genesis in fully transferring any and all other information or technology relating to Specialized Device manufacturing (that has not already been escrowed) to Genesis or to Genesis' sublicensee or agent, as the case may be.
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  • Packing Specifications 7.3.1 A pack will contain a minimum of one message record or a maximum of 99,999 message records plus a pack header record and a pack trailer record. One transmission can contain a maximum of 99 packs and a minimum of one pack.

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