Minimum Runs; Additional Runs Sample Clauses

Minimum Runs; Additional Runs. (a) Lonza shall perform the number of Runs described in Exhibit C (collectively, the "Minimum Runs"), in accordance with the schedule set forth therein or such other schedule as may be agreed to by the Parties. Any runs required by Trubion in addition to the Minimum Runs shall be requested in writing to Lonza. Any such runs (collectively, the "Additional Runs") shall be *** solely determined by Lonza and shall be performed in accordance with a schedule agreed to by the Parties. (b) For each of the Minimum Runs, not less than *** prior to the initial estimated out-of-freeze date referred to in Exhibit C for such Run (the "Initial Estimated OOF Date"), Lonza shall, confirm in writing to Trubion the updated estimated out-of-freeze date for such Run ("Updated Estimated OOF Date"), which must be a date that is *** than the Initial Estimated OOF Date for such Run. A similar confirmation procedure shall apply to the Additional Runs, if any. (c) If the Updated Estimated OOF Date is *** than the Initial Estimated OOF Date for such Run, then Trubion may, in its discretion, (i) cancel the related Run without penalty, in which case there shall be no Cancellation Fee assessed against Trubion for such cancelled Run, or (ii) proceed with the related Run, in which case the Product Price for the related Run shall be reduced by *** of the Product Price for the related Run. (d) If the actual out-of-freeze date is more than *** than the Updated Estimated OOF Date for such Run, then Trubion may, in its discretion, (i) cancel the related Run without penalty, in which case there shall be no Cancellation Fee assessed against Trubion for such cancelled Run, or (ii) proceed with the related Run, in which case the Product Price for the related Run shall be reduced by *** of the Product Price for the related Run. (e) The Product Price reductions described in this Section 4.1 are additive; for example, under the appropriate circumstances outlined above, the Product Price may be reduced by *** under Section 4.1(c) and by an additional *** under Section 4.1(d).
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Related to Minimum Runs; Additional Runs

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • Minimum Monthly Rent (Section 1.5): Tenant shall pay to Landlord Minimum Monthly Rent for the Premises during the Extended Term in accordance with the schedule and in the amount set forth below: 01/01/13-07/31/13 $ 1,776.25 per month $ 8,645.00 per month $ 10,421.25 per month 08/01/13-07/31/14 $ 1,827.00 per month $ 8,892.00 per month $ 10,719.00 per month 08/01/14-07/31/15 $ 1,877.75 per month $ 9,139.00 per month $ 11,016.75 per month

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

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  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

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  • Coverage Minimum Requirement Commercial General Liability Insurance, including Bodily Injury, Personal Injury, Property Damage, Advertising Injury, and Medical Payments Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Automobile Liability Insurance - Any Auto Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Professional Liability $ 1,000,000 Workers Compensation Statutory Limits Employer’s Liability $ 1,000,000

  • Dollar Limits Per Service Agreement Cost to diagnose, repair and/or replace - Per covered appliance $3,000

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