Common use of Acceptable Substitute Clause in Contracts

Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company may elect to have a third party that meets the Criteria manufacture the SpinCo Specialty Products. As such, for the term of this Agreement, Company may identify the SpinCo CMI needed under Section 2.2(c) to evaluate supply of a substitute SpinCo Specialty Product by an alternative source that meets the Criteria, and SpinCo will provide such CMI at Company’s expense. Company can make a request for SpinCo Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 (Agreement for Exchange of Information) of the SDA.

Appears in 2 contracts

Samples: License Agreement (3m Co), License Agreement (Solventum Corp)

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Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Company Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company SpinCo may elect to have a third party that meets the Criteria manufacture the SpinCo Company Specialty Products. As such, for the term of this Agreement, Company SpinCo may identify the SpinCo Company CMI needed under Section 2.2(c2.1(c) to evaluate supply of a substitute SpinCo Company Specialty Product by an alternative source that meets the Criteria, and SpinCo Company will provide such CMI at CompanySpinCo’s expense. Company SpinCo can make a request for SpinCo Company Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 (Agreement for Exchange of Information) of the SDA.

Appears in 2 contracts

Samples: License Agreement (Solventum Corp), License Agreement (3m Co)

Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company may elect to have a third party that meets the Criteria manufacture the SpinCo Specialty Products. As such, for the term of this Agreement, Company may identify the SpinCo CMI needed under this Section 2.2(c) to evaluate supply of a substitute SpinCo Specialty Product by an alternative source that meets the Criteria, and SpinCo will provide such CMI at Company’s expense. Company can make a request for SpinCo Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 of the SDA (Agreement for Exchange of Information) of the SDA).

Appears in 1 contract

Samples: License Agreement (Solventum Corp)

Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Company Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company SpinCo may elect to have a third party that meets the Criteria manufacture the SpinCo Company Specialty Products. As such, for the term of this Agreement, Company SpinCo may identify the SpinCo Company CMI needed under this Section 2.2(c2.1(c) to evaluate supply of a substitute SpinCo Company Specialty Product by an alternative source that meets the Criteria, and SpinCo Company will provide such CMI at CompanySpinCo’s expense. Company SpinCo can make a request for SpinCo Company Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 of the SDA (Agreement for Exchange of Information) of the SDA).

Appears in 1 contract

Samples: License Agreement (Solventum Corp)

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Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company may elect to have a third party that meets the Criteria manufacture the SpinCo Specialty Products. As such, for the term of this Agreement, Company may identify the SpinCo CMI needed under Section 2.2(c) to evaluate supply of a substitute SpinCo Specialty Product by an alternative source that meets the Criteria, and SpinCo will provide such CMI at Company’s expense. Company can make a request for SpinCo Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 of the SDA (Agreement for Exchange of Information) of the SDA).

Appears in 1 contract

Samples: License Agreement (Solventum Corp)

Acceptable Substitute. Both Parties agree that despite a mutual desire to find commercially available acceptable substitutes for the SpinCo Company Specialty Products, such substitutes may not be available or acceptable for a variety of reasons. As such, both Parties agree that Company SpinCo may elect to have a third party that meets the Criteria manufacture the SpinCo Company Specialty Products. As such, for the term of this Agreement, Company SpinCo may identify the SpinCo Company CMI needed under Section 2.2(c2.1(c) to evaluate supply of a substitute SpinCo Company Specialty Product by an alternative source that meets the Criteria, and SpinCo Company will provide such CMI at CompanySpinCo’s expense. Company SpinCo can make a request for SpinCo Company Confidential Manufacturing Information, pursuant to the procedures in Section 6.2 of the SDA (Agreement for Exchange of Information) of the SDA).

Appears in 1 contract

Samples: License Agreement (Solventum Corp)

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