Manufacturing Cost Increases Sample Clauses
The Manufacturing Cost Increases clause allows for adjustments to contract pricing if the costs of manufacturing rise during the term of the agreement. Typically, this clause outlines the specific circumstances under which price changes can be requested, such as increases in raw material costs, labor, or regulatory expenses, and may require documentation or advance notice to the other party. Its core function is to allocate the risk of fluctuating production costs between the parties, ensuring that the manufacturer is not unduly burdened by unforeseen cost increases while maintaining transparency and fairness in pricing.
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Manufacturing Cost Increases. If the Manufacturing Costs, whether for clinical or commercial supplies of Licensed Product, are reasonably anticipated to increase, on a per unit basis, such that the [***], then Ionis will provide prompt written notice to Otsuka of such increase. If such increase is anticipated to result in [***], on a per unit basis, then [***]. If such increase is anticipated to result in [***] on a per unit basis, then [***].
Manufacturing Cost Increases. The Parties agree that Agilent shall have, after good faith negotiations with Customer, the right to increase Product prices provided that Agilent can demonstrate that such increases are based upon unavoidable increases in material costs. Any increases in labor costs will cause the Parties to negotiate in good faith increases to the price of the Product, provided that such increases shall not exceed the Producer Price Index percentage [**] as published by the United States Department of Labor Producer Price Index for Chemical Manufacturing Series ID:PCU325—325—, or any such replacement or substitute index published by the United States government in the event the Producer Price Index is discontinued. Price increases under this Section may not be made more than [**].