Common use of Maintenance of Inventory Clause in Contracts

Maintenance of Inventory. In furtherance of Article 2.9, RTU agrees to maintain at least a six (6) month inventory of Drug Substance and at least a six (6) month inventory of the intermediate product. RTU shall ensure the inventory of Drug Product has an expiration date of at least [**] at all times; provided however, that if the shelf life approved by the FDA is less than [**], the shelf life shall be such period [**], but in no event less than [**].

Appears in 3 contracts

Samples: Exclusive Manufacturing and Supply Agreement, Exclusive Manufacturing and Supply Agreement (Sucampo Pharmaceuticals, Inc.), Exclusive Manufacturing and Supply Agreement (Sucampo Pharmaceuticals, Inc.)

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Maintenance of Inventory. In furtherance of Article 2.92.10, RTU agrees to maintain at least a six (6) month inventory of Drug Substance and at least a six (6) month inventory of the intermediate productBulk Capsule. RTU shall ensure the inventory of Drug Product has an expiration date of at least [**] twenty-four (24) months at all times; provided however, that if the shelf life approved by the FDA is less than [**]thirty-six (36) months, the shelf life shall be such period [**]minus ten (10) months, but in no event less than [**]fourteen (14) months.

Appears in 1 contract

Samples: Exclusive Manufacturing and Supply Agreement (Sucampo Pharmaceuticals, Inc.)

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Maintenance of Inventory. In furtherance of Article 2.92.10, RTU agrees to maintain at least a six (6) month inventory of Drug Substance and at least a six (6) month inventory of the intermediate productBulk Capsule. RTU shall ensure the inventory of Drug Product has an expiration date of at least [**] twenty-four (24) months at all times; provided however, that if the shelf life approved by the FDA is less than [**]thirty-six (36) months, the shelf life shall be such period [**]minus ten (10) months, but in no event less than [**].fourteen (14) months. ARTICLE

Appears in 1 contract

Samples: Exclusive Manufacturing and Supply Agreement

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