Common use of Government Reimbursements Clause in Contracts

Government Reimbursements. The parties recognize that the ------------------------- market price for Strips in the Territory may change up or down as a result of changes in the Japan government reimbursement policies. Nipro shall promptly inform TheraSense in writing, documenting any such changes in the reimbursement policies for hospital or clinic blood glucose testing which would affect the price Nipro would actually receive for sales of Strips. ***.

Appears in 3 contracts

Samples: International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc)

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Government Reimbursements. The parties recognize that the ------------------------- market price for Strips in the Territory may change up or down as a result of changes in the Japan government reimbursement policies. Nipro shall promptly inform TheraSense in writing, documenting any such changes in the reimbursement policies for hospital or clinic blood glucose testing which would affect the price Nipro would actually receive for sales of Strips. In the event such *** would result in a ***, the parties shall ***. Notwithstanding the foregoing, in no event shall such an *** be made more than ***.

Appears in 2 contracts

Samples: International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc)

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