Common use of Mechanism for Updated Total Costs of Goods Clause in Contracts

Mechanism for Updated Total Costs of Goods. ‌ (a) The Parties agree that, notwithstanding any other provision of this Agreement, and while AstraZeneca acknowledges its obligation is to supply the Vaccine Doses at no profit, AstraZeneca shall not be requested or required to supply the Vaccine Doses at a loss. The Parties further agree that the estimated Upfront Costs of 336 million Euros and Fill/Finish/Packaging Costs of Euros (for a total estimated Cost of Goods of Euros) were determined based upon available estimates at the Effective Date for the Initial Europe Doses.‌ (b) To the extent that the total Cost of Goods exceed (c) If AstraZeneca becomes aware that the estimated Cost of Goods are reasonably expected to exceed then (d) If following the finalization of the matters contemplated hereby, documentary evidence provided by AstraZeneca indicates that the Cost of Goods for the Initial