Common use of GSK Responsibility Clause in Contracts

GSK Responsibility. Subject to Section 5.3.2: (a) GSK shall have the sole right and responsibility for Commercialization of Alliance Products for distribution and sale. GSK shall bear all costs and expenses associated with the Commercialization of Alliance Products for sale or distribution; (b) GSK shall have the sole right and responsibility to distribute, sell, record sales and collect payments for Alliance Products; (c) GSK shall have the sole right and responsibility for establishing and modifying the terms and conditions with respect to the sale of Alliance Products, including, without limitation, the price or prices at which the Alliance Products will be sold, any discount applicable to payments or receivables, all managed care contracting issues and any other similar matters; and (d) GSK will be responsible for storage, order receipt, order fulfillment, shipping and invoicing of Alliance Products.

Appears in 4 contracts

Samples: Strategic Alliance Agreement (Theravance Inc), Strategic Alliance Agreement (Theravance Inc), Strategic Alliance Agreement (Theravance Inc)

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