Common use of Shionogi Supply Right Clause in Contracts

Shionogi Supply Right. Licensee hereby agrees to supply reasonable amounts of materials used in the synthesis of the Compound, the Compound, and/or Licensed Product, as requested by Shionogi in writing, to Shionogi or its Affiliates at the actual cost of goods (verifiable via Third Party audit) plus a ten percent (10%) markup under a supply agreement containing such other reasonable and customary terms and conditions as are agreed by Shionogi and Licensee in good faith. Such reasonable amounts of supply shall be determined by Shionogi taking into good faith consideration the total number of MPP Licensees and Shionogi's otherwise unmet twelve (12)-month forecasted demand.

Shionogi Supply Right. Licensee hereby agrees to supply reasonable amounts of materials used in the synthesis of the Compound, the Compound, and/or Licensed Product, as requested by Shionogi in writing, to Shionogi or its Affiliates at the actual cost of goods (verifiable via Third Party audit) plus a ten percent (10%) markup under a supply agreement containing such other reasonable and customary terms and conditions as are agreed by Shionogi Xxxxxxxx and Licensee in good faith. Such reasonable amounts of supply shall be determined by Shionogi taking into good faith consideration the total number of MPP Licensees and Shionogi's otherwise unmet twelve (12)-month forecasted demand.