Common use of Storage and Destruction Clause in Contracts

Storage and Destruction. Pursuant to Section 8.1 of this Agreement, AstraZeneca will provide the Participating Member States with at least five (5) working days’ notice of when the Doses are available for delivery. In the event a Participating Member State fails to permit AstraZeneca to deliver the Doses to the relevant Distribution Hub, the Participating Member State concerned shall be responsible for all storage costs for such Doses. In such event, AstraZeneca will agree to store the Vaccine for up to an additional (at the Participating Member State’s cost, including the cost of any amounts required to insure the Doses during such period). After such period, AstraZeneca may continue to store such Doses at the Participating Member State’s cost if the relevant Member State agrees to this. To the extent that either Party does not agree to continue to store the Doses, AstraZeneca may sell the Doses to a third party or destroy the Doses at the cost of the Participating Member State for which the Doses are being stored. The Participating Member States shall reimburse AstraZeneca for all costs associated with distribution, storage, and destruction of the Doses within being invoiced therefor provided that AstraZeneca provides to the relevant Participating Member State specific evidence for such costs.

Appears in 8 contracts

Samples: Advance Purchase Agreement, Advance Purchase Agreement, Advance Purchase Agreement

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