Common use of Resumption of Elan Supply Clause in Contracts

Resumption of Elan Supply. 7.6.1 In the event that Product is being purchased from a Second Source as a result of Serious Failure To Supply, at such time as Elan has remedied the situation that caused it and is once again able to fulfil its obligations to supply Product pursuant to the terms and conditions of this Agreement, Elan shall so notify Acorda. Commencing on the first calendar quarter beginning after the date of such notice (the “Resumption Quarter”), Acorda shall resume purchasing and Elan shall resume its obligations to supply the Minimum Elan Quantities from Elan, subject to the provisions of Clause 7.6.2.

Appears in 4 contracts

Samples: Supply Agreement (Acorda Therapeutics Inc), Supply Agreement (Acorda Therapeutics Inc), Supply Agreement (Acorda Therapeutics Inc)

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Resumption of Elan Supply. 7.6.1 7.6.1. In the event that Product is being purchased from a Second Source as a result of Serious Failure To Supply, at such time as Elan Xxxx has remedied the situation that caused it and is once again able to fulfil its obligations to supply Product pursuant to the terms and conditions of this Agreement, Elan shall so notify Acorda. Commencing on the first calendar quarter beginning after the date of such notice (the “Resumption Quarter”), Acorda shall resume purchasing and Elan shall resume its obligations to supply the Minimum Elan Quantities from Elan, subject to the provisions of Clause 7.6.2.

Appears in 1 contract

Samples: Supply Agreement (Alkermes Plc.)

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Resumption of Elan Supply. 7.6.1 In the event that Product is being purchased from a Second Source as a result of Serious Failure To Supply, at such time as Elan has remedied the situation that caused it and is once again able to fulfil its obligations to supply Product pursuant to the terms and conditions of this Agreement, Elan shall so notify Acorda. Commencing on the first calendar quarter beginning after the date of such notice (the “ Resumption Quarter Resumption Quarter”), Acorda shall resume purchasing and Elan shall resume its obligations to supply the Minimum Elan Quantities from Elan, subject to the provisions of Clause 7.6.2.

Appears in 1 contract

Samples: Supply Agreement (Alkermes Plc.)

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