Common use of Price of Products Clause in Contracts

Price of Products. 6.1. The Supply Prices for the Products for the duration of this Agreement are set out in Appendix 1 to this Agreement. 6.2. In the event that the Net Selling Price for any or all of the Products in a Country within the EEA declines by more than *** percent (***%) from the Net Selling Price at the time of Launch or *** percent (***%) below the lowest ex factory price of Products within other countries within the EEA, whichever is lower, the Parties shall promptly meet and discuss with a view to agree upon a revised Supply Price during the period of the reduced Net Selling Price. In the event of a decline in the Net Selling Price for a Product resulting in the Supply Price falling below GW’s cost of Manufacture for the Products, the Parties shall promptly meet and discuss with a view to agree upon a revised Supply Price during the period of the reduced Net Selling Price. GW shall not be obliged to supply Bayer at a price below its cost of Manufacture with the exception of supplies of goods free of charge specified in Appendix 1.C.

Appears in 4 contracts

Samples: Supply Agreement, Supply Agreement (Gw Pharmaceuticals PLC), Supply Agreement (Gw Pharmaceuticals PLC)

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