API Price definition

API Price has the meaning provided in Section 3.1(a) of this Agreement.

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API Price has the meaning provided in Section 4.1(d) of this Agreement.

API Price means the amount to be paid by Baxter to Halozyme for the API as set forth on Exhibit A.

Examples of API Price in a sentence

• The costs of revisions requested by Chemport under this Section 5.2(b) shall be borne by Chemport without any increase in the API Price.

• Within [***] from the date of receipt of written notice of any API Price change, Amarin may request Chemport to provide its API Price adjustment records to an independent, mutually agreed upon, reputable certified public accounting firm, which will audit such records and certify whether the price adjustments notified by Chemport are correct and in accordance with the methodology described in Schedule 3.1(e).

• The API Price, all invoiced amounts and all payments to be made under this Agreement shall be in [***].

• If Amarin fails to purchase the relevant minimum yearly purchase requirement as set forth above, in addition to other remedies that may be available to Chemport under the Legal Requirements, Amarin shall pay to Chemport [***] of the then current API Price that Chemport is charging to Amarin for API for the relevant minimum yearly purchase requirement as set forth above less the actual amount purchased by Amarin in the relevant year.

• In the event Mallinckrodt fails to provide ninety (90) calendar days advance notice to Osm Kft of an increase in the Price of API, then, for the remainder of the then current Contract Year, Mallinckrodt shall accept any Conforming Purchase Order provided by Osm Kft at the API Price in effect at the time Osm Kft submits such Purchase Order for amounts of API up to the total amount of API forecasted only for the next applicable calendar quarter.

• In addition, the final API Price for the prior Calendar Year determined by this Subsection (c) shall be the price for API subject to Purchase Orders placed in the prior Calendar Year but not invoiced prior to final determination of the API Price, and Chemport shall invoice such amounts accordingly.

• If Amarin fails to order API in the amount specified in the binding portion of the [***] Forecast, in addition to other remedies that may be available to Chemport under the Legal Requirements, Amarin shall pay to Chemport [***] of the then current API Price that Chemport is charging to Amarin for API for the volume of API under the binding portion of the [***] Forecast less the actual amount ordered by Amarin.

• Amarin may request in writing that Chemport make such an API Price adjustment, if applicable, by providing such written notice at least [***] prior to the relevant anniversary of the Effective Supply Date.

• Such API Price, however, shall be subject to a year-end retroactive adjustment pursuant to subsection (c) below.

• The cost of such audit will be borne by Amarin; however, if as a result of such audit, it is determined that the API Price paid by Amarin during the audited period is greater than or equal to [***] more than the amount it should have paid during the audited period, the reasonable cost of the audit will be borne by Equateq.

More Definitions of API Price

API Price means the Price as defined and set forth in the API Manufacturing Agreement for API manufactured under API Manufacturing Agreement.

API Price means the amount to be paid by Baxter Anesthesia and Critical Care ("ACC") to Halozyme for the API as set forth on Exhibit A.

API Price means the amount to be paid by ▇▇▇▇▇▇ Anesthesia and Critical Care ("ACC") to Halozyme for the API as set forth on Exhibit A.

API Price means Supplied Compound Price or, with respect to any Compound or Permitted Derivative not supplied to Toyama by or on behalf of Cempra, the reasonable, documented direct cost incurred by Toyama or any Sublicensee in manufacturing or having manufactured its supply of Compound or any Permitted Derivative thereof in reasonable, commercial-scale quantities for purposes of manufacturing Licensed Products for use or sale in the Territory, provided that API Price shall, [*].

API Price as defined in Exhibit A. Within thirty (30) days following the receipt of API, unless ▇▇▇▇▇▇ properly determines in accordance with the foregoing that such API does not conform to the API Specifications, ▇▇▇▇▇▇ shall pay to Halozyme the applicable API Price. If the API does not conform to the API Specifications, ▇▇▇▇▇▇ shall promptly return such API, at Halozyme's cost, and shall not be obligated to pay to Halozyme the API Price therefor. Shipping shall be FOB destination.