Product Formulation definition
Examples of Product Formulation in a sentence
Product shall: be commercial brand products; have a shelf life of at least 50 days from date of manufacturer Combination main dish food items require a Child Nutrition (CN) Label, Product Formulation Statement (PFS), or standardized recipe.
Notwithstanding the foregoing, MFFB shall use, and shall cause its Affiliates to use, good faith efforts to have the counterparty to each Vendor Agreement pay Buyer the Product Formulation Royalties directly, based upon the Vendor Allocation Schedule.
Within fifteen (15) days of the collection or receipt by MFFB or its Affiliates, as applicable, of any Product Formulation Royalties, MFFB or its Affiliates shall pay to, or as directed by, Buyer such amounts owing Buyer in immediately available funds by wire transfer.
To Seller’s Knowledge, the Product Formulation has not been disclosed in any publicly-available source.
The Parties further agree that Evonik has the exclusive right to use Product Formulation without the Active Agent or any Derivative of the Active Agent for its own project(s) or any project(s) with Third Parties, ***.