HBL Agreement definition
Examples of HBL Agreement in a sentence
ABI shall sell, and CYTO shall purchase Bulk IFN and Product at a purchase price equal to, the actual amount (exclusive of the Royalties as defined in the HBL Agreement) paid to HBL under the HBL Agreement as in effect at the time of such sale and purchase, plus ****, and all other reasonable costs of Manufacture actually paid by ABI with respect to such Product, for all Product supplied by ABI to CYTO pursuant to this Agreement (the “Purchase Price”).
The HBL Agreement specifies the price for ingredients is ****cents ($****) per 200 IU, 200 mg lozenge, but if bulk HBL IFN is formulated, at ABI's request, into lozenges by HBL in Japan, then, in addition to the transfer fee, HBL shall be entitled to be reimbursed for incremental costs actually incurred by HBL with regard to tableting and packaging.
ABI shall sell, and BME shall purchase, Product at a purchase price equal to, the actual amount (exclusive of the Royalties as defined in the HBL Agreement) paid to HBL under the HBL Agreement as in effect at the time of such sale and purchase, plus ten percent (10%), and all other reasonable costs of Manufacture actually paid by ABI with respect to such Product, plus ten percent (10%), for all Product supplied by ABI to BME pursuant to this Agreement (the "Purchase Price").
HBL warrants to ABI in the HBL Agreement that Manufactured Products delivered to ABI, its Affiliates, or Sub licensees shall conform to all specifications listed on the Product Specification Sheet(s) for said Manufacture Product(s) at the time of its delivery, provided that HBL shall be compensated separately for any packaging or labeling performed at the request of ABI.