Reagent Rentals Outside the United States and Canada Sample Clauses

Reagent Rentals Outside the United States and Canada. If Novartis or its Affiliates leases or intends to lease a Blood Screening Instrument to an independent customer outside the U.S. and Canada in combination with the sale of Blood Screening Assays, and Novartis is to receive revenues for the Blood Screening Instruments, Blood Screening Assays and maintenance and repair service on a combined, unallocated basis, Novartis shall be entitled to deduct from the gross revenue received, prior to determining Net Sales for the Blood Screening Assays, an amount equal to one hundred percent (100%) of the actual, out-of-pocket cost of the instrument, reasonably allocated for the applicable period, assuming a five year life for the instrument, together with a reasonable allocation of the actual, out-of-pocket costs of service. Once Novartis has deducted an amount equal to its total, actual, out-of-pocket cost for the instrument, no further deductions shall be allowed. If Novartis or its Affiliates leases or intends to lease a Blood Screening Instrument to an independent customer outside the U.S. and Canada in combination with the sale of Blood Screening Assays, and Novartis is to receive revenues for the Blood Screening Instruments, Blood Screening Assays and maintenance and repair service on an allocated basis, Novartis shall be entitled to deduct from the gross revenue received, prior to determining Net Sales for the Blood Screening Assays, only those portions allocated in the customer agreement for the Blood Screening Instruments and the maintenance and repair services, each at no more than commercially reasonable value consistent with standard industry practice in the diagnostic and/or blood screening markets.
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Related to Reagent Rentals Outside the United States and Canada

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