Commercial Strain definition
Examples of Commercial Strain in a sentence
Unless otherwise agreed by the Parties, each Party and its Affiliates shall not use any Commercial Strain or Commercial Compound to make a Product other than under Sections 3.2, 3.3 or 3.5.
If the Management Committee decides to use a Commercial Strain and Commercial Compound for the production and commercialization of a Product(s) through a joint venture entity, the Parties shall negotiate in good faith to establish a joint venture legal entity (or such other legal entity structure as the Parties may agree), in which each Party (either directly or indirectly through one or more of their Affiliates) shall be a 50% owner.
The Commercialization Plan shall set forth the plans for producing the Product using the Commercial Strain and the Commercial Compound and commercializing the resulting Product(s).
Firmenich may not transfer the Commercial Strain to any Third Party other than as permitted under this Agreement to an Alternate Supplier who has agreed in writing to comply with the terms and conditions set forth in Appendix D.