Common use of Post-Production Clause in Contracts

Post-Production. CBSW will store at the Facility free of charge any Product, in-process materials, Client Materials, equipment and other Client property that remains at the Facility on the date of termination of this Agreement (collectively "Remaining Client Property"), for up to [***] business days. If Client has not provided any instructions as to the shipment or other disposition of Remaining Client Property prior to the expiration of such [***] day period, CBSW may, in its sole discretion, destroy such Remaining Client Property, or continue to store such Remaining Client Property at the Facility or elsewhere. In the event that CBSW continues to store such Remaining Client Property, Client will pay to CBSW a storage charge at CBSW's then-standard storage rates for the period beginning on the [***] day after the expiration or termination of the Production Term through the date that the storage terminates. CBSW's current storage rates are set forth in Schedule 11.1.

Appears in 4 contracts

Samples: Cell Therapy Manufacturing Agreement (Ortec International Inc), Cell Therapy Manufacturing Agreement (Ortec International Inc), Cell Therapy Manufacturing Agreement (Ortec International Inc)

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Post-Production. CBSW will store at the Facility free of charge any Product, in-process materials, Client Materials, equipment and other Client property that remains at the Facility on the date of expiration or termination of this Agreement (collectively "Remaining Client Property"), for up to [***] 45 business days. If Client has Clients have not provided any instructions as to the shipment or other disposition of Remaining Client Property prior to the expiration of such [***] forty-five (45) day period, CBSW may, in its sole discretionafter written agreement with each of the Clients, destroy such Remaining Client Property, or continue to store such Remaining Client Property at the Facility or elsewhere. In the event that CBSW continues to store such Remaining Client Property, Client Clients will pay to CBSW a storage charge at CBSW's ’s then-standard storage rates for the period beginning on the [***] forty-sixth (46th) day after the expiration or termination of the Production Term through the date that the storage terminates. CBSW's ’s current storage rates are set forth in Schedule 11.18.1.

Appears in 2 contracts

Samples: Clinical Supply Agreement (Skinmedica Inc), Clinical Supply Agreement (Skinmedica Inc)

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