Semnur Equipment and Semnur Supplies Sample Clauses

Semnur Equipment and Semnur Supplies. 2.7.1. Lifecore will purchase the equipment listed in Table 1 of Exhibit C (the “Semnur Equipment”) and will invoice Semnur upon receipt of the Semnur Equipment. Upon receipt of full payment from Semnur, Lifecore will assign title and ownership of the Semnur Equipment to Semnur. Equipment numbers will be assigned upon receipt of the Semnur Equipment. The Semnur Equipment will be located at the Facility and Lifecore will use the Semnur Equipment solely for the purpose of ​ ​ providing Development Services to Semnur under this Agreement. […***…] Lifecore will not be in breach of any warranty or other provision of this Agreement to the extent any delay or failure to perform is caused by any delay caused by Semnur’s failure to approve or pay Lifecore for the cost of maintaining the Equipment within 45 (forty-five) days after Lifecore’s request for reimbursement together with documented expenses. Upon termination of this Agreement by either party, Semnur will remove the Semnur Equipment from the Facility at Semnur’s expense. 2.7.2. Lifecore will purchase the supplies listed in Table 2 of Exhibit C (the “Semnur Supplies”) and will invoice Semnur upon receipt of the Semnur Supplies. Upon receipt of full payment from Semnur, Lifecore will assign title and ownership of the Semnur Supplies to Semnur. Lifecore will use the supplies to perform the tasks in the SOW, or subsequent SOWs. Upon termination or expiration of this Agreement, Lifecore will ship the remainder of the Semnur Supplies to Semnur at Semnur’s expense or dispose of as mutually agreed by the parties in writing.
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Related to Semnur Equipment and Semnur Supplies

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  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

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