Supply Term definition

Supply Term has the meaning given in Article 10.7.

Supply Term means the period from the earliest Supply Date for any Site under this Agreement to the earlier of the End Date or termination of this Agreement.

Supply Term means the period starting on the Agreement Date and continuing for the initial term of this Agreement and any subsequent extension period as set forth in Section 7.1 hereof, subject to any earlier termination of this Agreement pursuant to Section 7.2 hereof.

Examples of Supply Term in a sentence

• During the Supply Term of the Plan, You Will Receive an Additional 1.00% Discount off the Regulated Quarterly Low Tension Tariff at the Start of the 4th and 8th Month.

• At the end of the Supply Term, subject to notice served in writing to the other party at least three (3) months before the expiry of the Supply Contract.

• Therefore, ALVOTECH shall use its reasonable commercial efforts during the Supply Term to improve its manufacturing and supply costs for the Product (including [***]) so that, if necessary, ALVOTECH may be able to reduce the Floor Prices.

• The term of this Agreement will commence on the Effective Date, and subject to the terms of this Article 7, will continue until the expiration of the Supply Term (the “Term”).

• During the Milk Supply Term, in the event of a complaint or dispute, the Supplier will continue to make milk available for Collection and the Purchaser will continue to pay the Supplier for milk supplied in accordance with this Agreement.

More Definitions of Supply Term

Supply Term has the meaning given in Clause 19.1;

Supply Term means the time set forth on Schedule A attached hereto.

Supply Term means the Initial Term and any Renewal Term. “Initial Term” means three (3) years from the Triggering Event (subject to any other termination rights set forth in the Agreement). Upon the expiration of the Initial Term, this Agreement will automatically renew for additional one (1) year periods (each, a “Renewal Term”) unless either party gives notice of non-renewal at least six (6) months prior to the expiration of the Initial Term or any Renewal Term, as applicable. Triggering Event means the date that Eagle provides email notice to Sandoz that Sandoz is authorized to begin commercial sales of the AG Product in the Territory.

Supply Term means the period beginning upon the occurrence of a Termination Event, and ending on the later of: (i) the second anniversary of the date hereof; (ii) in the case of an Existing Customer having a written supply agreement, the end of the period of committed supply for the particular Parent Compatible Chipset (including “end-of-life” terms); and (iii) in the case of an Existing Customer that purchases only by way of purchase orders, the end of the period for which the Company would be contractually required to or otherwise customarily supply such Parent Compatible Chipset to such customer (including “end-of-life” terms).

Supply Term means, on a Product-by-Product basis for each country in the Territory, an initial period of ten (10) years from the Launch Date of that Product in the particular country in the Territory and any extension periods pursuant to Section 21.1, unless terminated prior to such date as expressly provided for in this Agreement.

Supply Term shall start on March 1, 2018 and shall end forty eight (48) months after the Effective Date.

Supply Term means, on a Product by Product basis, an initial period of ten (10) years from the date of first commercial sale of the applicable Product by ETON in the Territory, and any renewals or extensions thereof.