Common use of Product Maintenance Fee Clause in Contracts

Product Maintenance Fee. In partial consideration of the product maintenance services set forth in Section 2.3, Client shall pay Catalent an annual “Product Maintenance Fee” of [***]. The Product Maintenance Fee is payable commencing on January 1st of the year that commercial manufacture of the Product occurs (including manufacture of Validation Batches for commercial sale) and each subsequent January 1st during the Term of this Agreement.

Appears in 2 contracts

Samples: Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc), Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc)

AutoNDA by SimpleDocs

Product Maintenance Fee. In partial consideration of the product maintenance services set forth in Section 2.3, Client shall pay Catalent an annual "Product Maintenance Fee" of [***]. The Product Maintenance Fee is payable commencing on January 1st of the year that commercial manufacture of the Product occurs (including manufacture of Validation Batches for commercial sale) and each subsequent January 1st during the Term of this Agreement.

Appears in 1 contract

Samples: Softgel Commercial Manufacturing Agreement (Clarus Therapeutics Inc)

AutoNDA by SimpleDocs

Product Maintenance Fee. In partial consideration of the product maintenance services set forth in Section 2.3, Client shall pay Catalent an annual Product Maintenance Fee” Fee of [***]. The Product Maintenance Fee is payable commencing on January 1st of the year that commercial manufacture of the Product occurs (including manufacture of Validation Batches for commercial sale) and each subsequent January 1st during the Term of this Agreement.

Appears in 1 contract

Samples: Softgel Commercial Manufacturing Agreement (Blue Water Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!