Principal Supplier definition

Principal Supplier has the meaning set forth in Section 3.24.

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Principal Supplier means the ten (10) largest suppliers of the Company and the Company Subsidiaries based on the consolidated cost of goods and services paid to such persons by the Company and the Company Subsidiaries for the fiscal year ended October 31, 2017. For the avoidance of doubt, when determining the consolidated cost of goods and services paid to each supplier, such amount will be based on the consolidated cost of goods and services paid to such supplier and all of its Affiliates.

Principal Supplier means the right to manufacture and supply commercial Product in the amount per annum of at least […***…] of the worldwide annual demand of commercial Product calculated based on XENCOR’s reasonably forecasted request for commercial Product for the respective calendar year.

Examples of Principal Supplier in a sentence

• The Company has not received any written notice from any Principal Supplier indicating that any such Person is ceasing, will cease or plans to cease dealing with the Company or its Subsidiaries.

• In addition, if BI has exercised its first right of negotiation in Section 5.2.2.a, XENCOR hereby grants and will make an eventual Business Partner do so, BII a first right to negotiate to manufacture and supply commercial Product as Principal Supplier for a period up to the [...***...], starting with the first commercial launch of the Product.

• For the avoidance of doubt, nothing in this Section 5.2.3 (ii) shall affect such contract manufacturing agreement or BII’s position as Principal Supplier, but XENCOR may solely request the Technology Transfer pursuant to the following sentences of this Section without paying the Technology Access Fee in order to have manufactured the amount of Product missing to satisfy XENCOR’s and its Business Partners’ demand.

• In the event that Supplier is unable to secure such rights of use or to secure an equivalent item as a substitute for Client or Principal, Supplier will indemnify the Client for any and all losses sustained by reason of such injunction.

• This is to ensure immediate delivery of spares parts from Principal Supplier of equipment to its channel partner/system integrator.

More Definitions of Principal Supplier

Principal Supplier means a supplier which refines gasoline in or imports gasoline into the United States.

Principal Supplier means a supplier indicated in a completed Order Form as a Principal Supplier who shall be first recourse for the Authority for the enforcement of liabilities owed to the Authority arising under or in connection with this DPS Framework Agreement as described in Clause 4 of Schedule 5 of this DPS Framework Agreement;

Principal Supplier has the meaning set forth in Section 2.21(a).

Principal Supplier means the manufacturer of the goods. “RFQ” hall mean a written Request for Quotation.

Principal Supplier has the meaning set forth in Section 3.18(a)(vii) of this Agreement.

Principal Supplier means the supplier of any Travel Arrangement (e.g., tour operator/airline/cruise company/accommodation company etc) including any third-party supplier to whom the Principal/Supplier sub-contracts any part of the Travel Arrangement to, and any other person or party connected with the Travel Arrangement, other than the Agent.

Principal Supplier means a supplier who formulates, manufactures, imports, recycles or reformulates a hazardous chemical;