Supply Diligence. 7.4.1 Nycomed will use commercially reasonable efforts to maintain a reasonable inventory of LX Bulk Drug Substance, at Nycomed’s expense, for use in filling orders of LX Bulk Drug Substance conforming to the Specifications and as forecasted in the binding portion of a forecast by POZEN in accordance with this Section 7, at Nycomed. Similarly, POZEN will use commercially reasonable efforts to maintain a reasonable inventory of LX Bulk Drug Substance supplied by Nycomed, at POZEN’s expense .
Appears in 3 contracts
Samples: Development, Option and License Agreement, Development, Option and License Agreement (Pozen Inc /Nc), Development, Option and License Agreement (Pozen Inc /Nc)
Supply Diligence. 7.4.1 (a) Nycomed will use commercially reasonable efforts to maintain a reasonable inventory of LX Bulk Drug Substance, at Nycomed’s expense, for use in filling orders of LX Bulk Drug Substance conforming to the Specifications and as forecasted in the binding portion of a forecast by POZEN Buyer in accordance with this Section 7Agreement, at Nycomed. Similarly, POZEN Buyer will use commercially reasonable efforts to maintain a reasonable inventory of LX Bulk Drug Substance supplied by Nycomed, at POZENBuyer’s expense expense.
Appears in 1 contract
Samples: Development, Option and License Agreement (Pozen Inc /Nc)