Bulk Licensed Compound definition
Examples of Bulk Licensed Compound in a sentence
IntraBiotics shall notify BioSearch at least [*] prior to commencement of commercial scale manufacture of Bulk Licensed Compound of the amount of Bulk Licensed Compound that constitutes a [*] supply for the purpose of this Section 7.11 (the "Retained Amount").
IntraBiotics may elect to perform all of the manufacture of its forecasted requirements of Bulk Licensed Compound either if BioSearch is unable or unwilling to meet its supply obligations as outlined in this Article 7, if BioSearch ceases development and scale-up of manufacturing of the Bulk Licensed Compound, or as set forth in Section 8.2(c).
During the term of this Agreement, IntraBiotics shall purchase all of its requirements for Bulk Licensed Compound from BioSearch, subject to Section 7.2. The price for commercial supply to IntraBiotics of all Bulk Licensed Compound manufactured by BioSearch shall be as provided in Section 8.2.
If the parties do not agree on such mechanisms for assuring sufficient supply of Bulk Licensed Compound and appropriate amendments to this Agreement implementing such mechanisms, then IntraBiotics may elect to establish a second manufacturing site as provided in Section 7.2 or to pursue other remedies available to it under law or in equity or under this Agreement.
Upon receipt of such sample and upon receipt of a shipment of Bulk Licensed Compound, GENE may determine whether the sample and such shipment, respectively, meet the Specifications.
GENE shall notify Biosearch of its receipt thereof and pay such invoices within ninety (90) days after receipt of such Bulk Licensed Compound.
Upon receipt of a shipment of Bulk Licensed Compound from BioSearch, IntraBiotics may determine whether such shipment meets the specifications.
Such license shall not include the right to make or have made Bulk Licensed Compound unless IntraBiotics elects to manufacture Bulk Licensed Compound as provided in [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED.
Either Party shall give prior notice to the other of any changes in the specifications for Bulk Licensed Compound that are recommended or required by the regulatory authorities within the Territory.
At the request of IntraBiotics, BioSearch shall arrange for IntraBiotics' designated representatives to inspect and visit from time to time the facilities at which Bulk Licensed Compound is manufactured, stored or tested for the purpose of determining that the manufacture of Bulk Licensed Compound complies with the requirements of this Agreement.