Examples of Supply Notice in a sentence
If, after receipt of the Supply Notice, BAMAGAS or its designee fails or declines to supply the Gas quantities curtailed or interrupted, CES has the right to enter into alternate supply agreements with third parties provided such agreements do not exceed a term of twenty-four (24) hours.
After receipt by MN of the Supply Notice, and if such proposed terms are acceptable to MN, the Parties shall negotiate in good faith to enter into a supply agreement containing commercially reasonable terms applicable to similar types of exclusive supply agreements.
As used herein, the “Binding Portion” means the first twelve (12) months of each Forecast, unless and until the Binding portion is extended as set forth in Section 4.3.2; provided, however, that if CLIENT provides a Binding Supply Notice as described in Section 4.2.3, then the Binding Portion shall be the first eighteen (18) months of each forecast.
In the event that the Company shall at any time intend to purchase or otherwise acquire Products from any Third-Party Supplier, the Company shall indicate its intent to so purchase or otherwise acquire Products by delivering to the Supplier a written notice thereof ("Supply Notice").
The Parties shall use Commercially Reasonable Efforts to ensure that delivery of the Initial Supply shall occur no later than [***] from the Initial Supply Notice Date, or at such a time agreed upon by the Parties in writing.
Accordingly, commencing upon Patheon’s receipt of the Commercial Supply Notice from Client pursuant to Section 5.1(b), Client authorizes Patheon to purchase Components to satisfy the Manufacturing Services requirements for Products for the [***] contemplated in the most recent forecast given by Client under Section 5.1(a).
As soon as practicable, but in no event later than five (5) business days following receipt by Supplier of the Supply Notice, Supplier shall notify the Company of its acceptance or rejection of such Supply Notice (each such written notice of acceptance, a "Supply Acceptance Notice").
If Distributor and Manufacturer fail to negotiate a new Invoice Supply Price for the applicable SKU acceptable to both Parties within thirty (30) days after delivery of the Supply Notice, either Party shall have the right to terminate this Agreement with regard to the applicable SKU immediately upon written notice delivered within fifteen (15) days after such initial thirty (30) *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.
Each party hereto will designate a representative for the purposes of administering this Agreement and such representatives will meet at least monthly (or less frequently if the parties agree) to review any and all variations and deviations from the Supply Notice, as amended from time to time, and to provide on a timely basis amount, pricing and other information to assist the other in administering this Agreement.
If Akebia or its Affiliates have not Initiated a Phase 2 Clinical Trial in the U.S. for any Product by the date that is [***] from the Initial Supply Notice Date, then within [***] of such date Akebia shall pay Cyclerion a one-time milestone of [***], which payment shall be [***] for the Initiation of a Phase 2 Clinical Trial in the U.S. for a Product for the first Indication.