REMAINING SHELF-LIFE definition
REMAINING SHELF-LIFE shall have the meaning assigned to such term in Section 3.4. 1.45 "REQUIRED CHANGE" shall mean any proposed changes to the Specifications or the manufacturing procedures for either API or Filled Product made by either Party that is required by any regulatory agency or law or regulation of any jurisdiction inside or outside the Territory. 1.46 "REQUIRED CHANGE COSTS" shall have the meaning assigned to such term in Section 3.2(c). 1.47 "ROLLING FORECAST" shall have the meaning assigned to such term in Section 4.2. 1.48 "SPECIFICATIONS" shall mean API Specifications, Filled Product Specifications and Packaging Specifications. 1.49 "TERM" shall mean the term of this Supply Agreement as specified in Section 11.1. 1.50 "TRANSFER PRICE" shall have the meaning assigned to such term in Section 7.1(a). * CONFIDENTIAL TREATMENT REQUESTED: MATERIAL HAS BEEN OMITTED AND FILED WITH THE COMMISSION 5 <Page> ARTICLE 2 SUPPLY; PLANNING 2.
REMAINING SHELF-LIFE shall have the meaning assigned to such term in Section 3.4.
REMAINING SHELF-LIFE means, with respect to particular DRUG PRODUCT ordered by SB, the amount of time remaining from the date that such DRUG PRODUCTS are delivered to SB until the expiration date of such DRUG PRODUCTS, which expiration date shall be consistent with the expiration dating approved by the FDA or other relevant regulatory authority. At least [six (6)] months prior to commencement of shipment of DRUG PRODUCTS to SB for commercial sale, the DEVELOPMENT COMMITTEE shall establish the minimum amount of Remaining Shelf Life (the "Minimum Shelf Life") that must, on the date of delivery to SB under Section 6.8, remain with respect to DRUG PRODUCTS delivered to SB. Over the term of the Agreement, the DEVELOPMENT COMMITTEE may adjust the agreed Minimum Shelf Life period as appropriate. SB shall be under no obligation to accept any shipment of such DRUG * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
More Definitions of REMAINING SHELF-LIFE
REMAINING SHELF-LIFE at such relevant point in time, shall mean the remaining shelf life of a Product measured against the Shelf Life of such a Product.
REMAINING SHELF-LIFE means, with respect to Product ordered by ▇▇▇▇▇▇▇ and delivered by ▇▇▇▇▇▇, the period of time from the Delivery Date until the expiration date of such Product consistent with the shelf-life approved by the relevant regulatory authority. For the Product the Parties agree a Remaining Shelf-Life of at least [***]. During the Term of the Agreement, the Parties may adjust the agreed Remaining Shelf-Life, as appropriate. If a delay is solely caused by ▇▇▇▇▇▇ which results in the Remaining Shelf-Life being less than [***], Valneva shall be under no obligation to accept any Delivery of Product where the Remaining Shelf-Life requirement is not met.