Common use of Supply of Licensed Compound Clause in Contracts

Supply of Licensed Compound. Licensed Product. Licensor shall be responsible, at Licensor's expense, for supplying Schering with Licensed Compound (in the form of bulk active), from Licensor's existing inventory of Licensed Compound, to enable Schering to perform [ * ], for such Licensed Compound for the Primary Indication. In addition, Licensor has the limited option to supply all of Schering's requirements of Licensed Products as set forth in Section 3.3(b). All Licensed Compound to be supplied by Licensor hereunder shall be delivered FCA (Kenilworth, New Jersey) (Incoterms 1990) via a carrier to be specified by Schering. Licensor warrants and represents that all supplies of Licensed Compound provided to Schering by Licensor shall conform to the applicable specifications for such Licensed Compound and were prepared in accordance with current Good Manufacturing Practices ("cGMPs") and other applicable federal, national, state and local laws and regulations in effect at the time of manufacture. Schering shall be responsible for the formulation and packaging of the Licensed Compound provided by Licensor hereunder, and for manufacture and supply of all Licensed Compound and/or Licensed Product necessary for the performance of [ * ] and for supplying all commercial quantities of Licensed Compound and Licensed Products. Licensor shall transfer to Schering all Licensor Know-How relating to the manufacture of Licensed Compound, and at Schering's request and expense shall provide reasonable technical support to facilitate the implementation of such manufacturing technology at Schering.

Appears in 3 contracts

Samples: Exclusive License Agreement (Atherogenics Inc), Exclusive License Agreement (Atherogenics Inc), Exclusive License Agreement (Atherogenics Inc)

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Supply of Licensed Compound. Licensed Product. Licensor shall be responsible, at Licensor's expense, for supplying Schering SPL with Licensed Compound (in the form of bulk active), from Licensor's existing inventory of Licensed Compound, to enable Schering SPL to perform [ * ], for such Licensed Compound for the Primary Indication. In addition, Licensor has the limited option to supply all of ScheringSPL's requirements of Licensed Products as set forth in Section 3.3(b). All Licensed Compound to be supplied by Licensor hereunder shall be delivered FCA (Kenilworth, New Jersey) (Incoterms 1990) via a carrier to be specified by ScheringSPL. Licensor warrants and represents that all supplies of Licensed Compound provided to Schering SPL by Licensor shall conform to the applicable specifications for such Licensed Compound and were prepared in accordance with current Good Manufacturing Practices ("cGMPs") and other applicable federal, national, state and local laws and regulations in effect at the time of manufacture. Schering SPL shall be responsible for the formulation and packaging of the Licensed Compound provided by Licensor hereunder, and for manufacture and supply of all Licensed Compound and/or Licensed Product necessary for the performance of [ * ] and for supplying all commercial quantities of Licensed Compound and Licensed Products. Licensor shall transfer to Schering SPL all Licensor Know-How relating to the manufacture of Licensed Compound, and at ScheringSPL's request and expense shall provide reasonable technical support to facilitate the implementation of such manufacturing technology at ScheringSPL.

Appears in 3 contracts

Samples: Exclusive License Agreement (Atherogenics Inc), Exclusive License Agreement (Atherogenics Inc), Exclusive License Agreement (Atherogenics Inc)

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