Examples of Initial Supply Period in a sentence
Notwithstanding the foregoing, the parties recognize that forecasting and manufacturing for and during the first twelve months of supply hereunder (the “Initial Supply Period”) will be difficult and that actual experience may vary significantly from any Forecast, and the parties agree to work together to address the manufacture and supply of Panther Instruments, and to use Commercially Reasonable Efforts to satisfy the market demand for such Panther Instruments, during the Initial Supply Period.
Such mutually acceptable Cost of Goods estimate shall be used to calculate the initial supply price(s) of any quantity(ies) of Clinical Material for which Biocon is obligated to make payment (i.e., quantities of Clinical Material other than those to be supplied at no cost to Equillium pursuant to Section 6.1(a)) during the Initial Supply Period (the “Initial Supply Price(s)”).
Furthermore, Roka acknowledges and agrees that the Panther Instruments are in the early stages of commercialization and that as a result Gen-Probe may not be able to deliver the Panther Instruments to Roka on a timely basis during the Initial Supply Period.
If the aggregate Initial Supply Price(s) paid by Equillium for all Clinical Material supplied by Biocon to Equillium on the terms set forth in Section 6.1(b) and/or 6.1(c) during the Initial Supply Period […***…] the amount that would have been payable had the supply price(s) of such Clinical Material been calculated using the Initial Actual Cost of Goods, then […***…].
Alimera will purchase the Product Manufactured under this Agreement from EyePoint at the following price (the “Supply Price”): (a) during the eighteen- (18-) month period following the Effective Date (the “Initial Supply Period”), the applicable Unit Price plus [***] percent ([***]%); and (b) following the Initial Supply Period, the applicable Unit Price plus [***] percent ([***]%).