COVAX Facility definition

COVAX Facility means the COVID-19 Vaccine Global Access Facility, a mechanism through which demand and resources are pooled to support the availability of, and equitable access to, COVID-19 vaccines for all economies, and which is coordinated by ▇▇▇▇, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations (CEPI), and the WHO.

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COVAX Facility means the COVID-19 Vaccine Global Access Facility, a mechanism through which demand and resources are pooled to support the availability of, and equitable access to, COVID-19 vaccines for all economies, and which is coordinated by Gavi, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations (CEPI), and the WHO.

COVAX Facility means the global risk-sharing mechanism for pooled procurement and equitable distribution of COVID-19 vaccines lead by ▇▇▇▇.

Examples of COVAX Facility in a sentence

• By entering the Commitment Agreement, the Participant agreed to participate in the COVAX Facility in accordance with the terms of the Commitment Agreement.

• Decisions as to how the COVAX Doses are allocated between COVAX Participants shall be made in accordance with the terms of the COVAX Facility and the Allocation Framework and in accordance with Clause 4.3. Novavax shall deliver Vaccine to each COVAX Buyer pursuant to the relevant Supply Agreement.

• On receipt of such notification Novavax shall use Commercially Reasonable Endeavours to sell the Remaining Doses outside of the COVAX Facility.

• Within the subphases outlined in Principle 1, vaccines will be disbursed as determined by COVAX’s Allocation Mechanism—a collaboration between the COVAX Facility, the Independent Allocation Validation Group (IAVG), and the Joint Allocation Taskforce (JAT).

• COVAX Facility refers to COVID-19 Vaccines Global Access, a global initiative aimed at equitable access to COVID-19 vaccines led by UNICEF, GAVI, the Vaccine Alliance, WHO, CEPI, and others.

• The COVAX Facility should ensure the distribution of testing kits to LMICs and all countries that express a need, in order to strengthen capacity and data quality.

• Considering their crucial role in the long-term endeavor to vaccinate the world and support the implementation of this agreement, the COVAX Facility and its stakeholders will not engage in legal actions against vaccine manufacturers that are affected by exports bans imposed specifically in 2021 to tackle domestic outbreaks.

• Regular handling fees are available on ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/supply/handling-fees The following elements should be included in a Procurement Request: (Note: As per Article IV 2: In the COVAX Facility context, UNICEF will be notified by COVAX when Vaccines are allocated to the country.

• Office of the COVAX Facility The Office of the COVAX Facility is a unit within Gavi (unless otherwise decided by the Gavi Board) responsible for administering the Facility.

• Sections 8, 11, 12 and 15 shall survive and continue in full force in accordance with their terms notwithstanding any termination of the Employment Period.

More Definitions of COVAX Facility

COVAX Facility means the global risk-sharing mechanism for pooled procurement and equitable distribution of COVID-19 vaccines lead by Gavi.

COVAX Facility has the meaning set forth in Recital (C);

COVAX Facility means the financing facility for the procurement of vaccines against COVID-19 disease established by ▇▇▇▇ for the Vaccines Pillar of the ACT-Accelerator established by the World Health Organisation.

COVAX Facility means the COVID-19 Vaccines Global Access procurement initiative led by Gavi, UNICEF, the Vaccine Alliance, the World Health Organization (WHO) and the Coalition for Epidemic Preparedness Innovations (CEPI), for the procurement and delivery of doses of approved vaccine for COVID-19; ‘Delivery Price’: has the meaning set forth in Article I.8.2; ‘Delivery Schedule’: has the meaning set forth in Article I.6.3, as such may be modified by agreement of the parties pursuant to the provisions in Articles I.6.2 and I.6.3; ‘Effective Date’: has the meaning set forth in Article I.4.1; ‘Force majeure’: any unforeseeable, exceptional situation or event beyond the reasonable control of the parties that prevents either of them from fulfilling any of their obligations under the PA,[***]. ‘Formal notification’ (or ‘formally notify’): form of communication between the parties made in writing by mail or email, which provides the sender with compelling evidence that the message was delivered to the specified recipient; ‘Fraud’: an act or omission committed in order to make an unlawful gain for the perpetrator or another by causing a loss to the Union's financial interests, and relating to: i) the use or presentation of false, incorrect or incomplete statements or documents, which has as its effect the misappropriation or wrongful retention of funds or assets from the Union budget, ii) the non-disclosure of information in violation of a specific obligation, with the same effect or iii)

COVAX Facility means the COVID-19 Vaccines Global Access procurement initiative led by ▇▇▇▇, UNICEF, the Vaccine Alliance, the World Health Organization (WHO) and the Coalition for Epidemic Preparedness Innovations (CEPI), for the procurement and delivery of doses of approved vaccine for COVID-19;

COVAX Facility means the global procurement mechanism for the procurement and delivery of doses of approved vaccine for COVID-19.