Common use of Orders and Terms of Sale Clause in Contracts

Orders and Terms of Sale. Except as otherwise expressly stated in this Agreement, GSK shall have the sole right to (i) receive, accept and fill orders for the Alliance Products, (ii) control invoicing, order processing and collection of accounts receivable for the Alliance Products sales, (iii) record the Alliance Products sales in its books of account, and (iv) establish and modify the commercial terms and conditions with respect to the sale and distribution of the Alliance Products, including without limitation matters such as the price at which the Alliance Products will be sold and whether any discounts, rebates or other deductions should be made, paid or allowed.

Appears in 3 contracts

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

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Orders and Terms of Sale. Except as otherwise expressly stated in this Agreement, GSK shall have the sole right to (i) receive, accept and fill orders for the Alliance Collaboration Products, (ii) control invoicing, order processing and collection of accounts receivable for the Alliance Collaboration Products sales, (iii) record the Alliance Collaboration Products sales in its books of account, and (iv) establish and modify the commercial terms and conditions with respect to the sale and distribution of the Alliance Collaboration Products, including without limitation matters such as the price at which the Alliance Collaboration Products will be sold and whether any discounts, rebates or other deductions should be made, paid or allowed.

Appears in 3 contracts

Samples: Collaboration Agreement (Theravance Inc), Collaboration Agreement (Theravance Inc), Collaboration Agreement (Theravance Inc)

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Orders and Terms of Sale. Except as otherwise expressly stated in this Agreement, GSK shall have the sole right to (i) receive, accept and fill orders for the Alliance Products, (ii) control invoicing, order processing and collection of accounts receivable for the Alliance Products sales, (iii) record the Alliance Products sales in its books of account, and (iv) establish and modify the commercial terms and conditions with respect to the sale and distribution of the Alliance Products, including without limitation matters such as the price at which the Alliance Products will be sold and whether any discounts, rebates or other deductions should be made, paid or allowed[*].

Appears in 1 contract

Samples: Strategic Alliance Agreement (Theravance Inc)

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