API Intermediate Sample Clauses
The 'API Intermediate' clause defines the terms and conditions under which an intermediary system or service interacts with an API between two parties. It typically outlines the responsibilities of the intermediary, such as ensuring secure data transmission, maintaining compatibility with both the API provider and consumer, and handling any data transformations required. This clause is essential for clarifying the intermediary's role, mitigating risks related to data integrity and security, and ensuring smooth integration between different systems.
API Intermediate. If GSK fails to manufacture, have manufactured, test, store, or release any API Intermediate sold to Prometheus in accordance with the Specifications, cGMPs, Applicable Laws, and Regulatory Acts, then (i) GSK shall reimburse or credit Prometheus the price paid by Prometheus to GSK for the affected API Intermediate under the original invoice for such affected API Intermediate, including any freight, taxes, duties and insurance charges paid; and (ii) GSK shall reimburse or credit Prometheus for the actual costs incurred, directly or indirectly, in shipping, insurance premiums, duties, taxes paid or any other out-of-pocket charges incurred in connection with collection, transportation and return or destruction of the affected API Intermediate. Prometheus shall provide GSK with such information and documentation as GSK may reasonably request to confirm any of the foregoing charges, costs or expenses. For the avoidance of doubt, any replacement of API Intermediate is subject to the limitations of Section 4.4(a) and 4.6(b).