Common use of API Yield Clause in Contracts

API Yield. 2.11.1 Patheon shall promptly (and in any event no later than *** Business Days after Santarus' request) provide an inventory status report to Santarus from time to time as reasonably requested by Santarus. In addition, Patheon shall monitor on a monthly basis the inventory of Bulk API held by Patheon and Patheon shall provide Santarus with a monthly inventory report (within *** Business Days following the last day of the applicable month) of the Bulk API held by Patheon, which shall contain the following information for such month: QUANTITY RECEIVED: The total quantity of Bulk API that complies with the Specifications and is received at the Facility during the applicable period. QUANTITY DISPENSED: The total quantity of Bulk API dispensed at the Facility during the applicable period. The Quantity Dispensed is calculated by adding the Quantity Received to the inventory of Bulk API that complies with the Specifications and is held at the beginning of the applicable period, less the inventory of Bulk API that complies with the Specifications and is held at the end of such period. The Quantity Dispensed shall only include Bulk API received and dispensed in connection with commercial manufacturing of Finished Product and, for certainty, shall not include any Bulk API received or dispensed in connection with technical transfer activities or development activities during the applicable period, including, without limitation, any regulatory, stability, validation or test batches manufactured during the applicable period.

API Yield. 2.11.1 Patheon Manufacturer shall promptly (and in any event no later than *** two (2) Business Days after Santarus' request) provide an inventory status report to Santarus from time to time as reasonably requested by Santarus. In addition, Patheon Manufacturer shall monitor on a monthly basis the inventory of Bulk API held by Patheon Manufacturer and Patheon Manufacturer shall provide Santarus with a monthly inventory report (within *** five (5) Business Days following the last day of the applicable month) of the Bulk API held by PatheonManufacturer, which shall contain the following information for such month: QUANTITY RECEIVED: The total quantity of Bulk API that complies with the Specifications and is received at the Facility during the applicable period. QUANTITY DISPENSED: The total quantity of Bulk API dispensed at the Facility during the applicable period. The Quantity Dispensed is calculated by adding the Quantity Received to the inventory of Bulk API that complies with the Specifications and is held at the beginning of the applicable period, less the inventory of Bulk API that complies with the Specifications and is held at the end of such period. The Quantity Dispensed shall only include Bulk API received and dispensed in connection with commercial manufacturing of Finished Product and, for certainty, shall not include any Bulk API received or dispensed in connection with technical transfer activities or development activities during the applicable period, including, without limitation, any regulatory, stability, validation or test batches manufactured during the applicable period.

API Yield. 2.11.1 Patheon Manufacturer shall promptly (and in any event no later than *** two (2) Business Days after Santarus' ’ request) provide an inventory status report to Santarus from time to time as reasonably requested by Santarus. In addition, Patheon Manufacturer shall monitor on a monthly basis the inventory of Bulk API held by Patheon Manufacturer and Patheon Manufacturer shall provide Santarus with a monthly inventory report (within *** five (5) Business Days following the last day of the applicable month) of the Bulk API held by PatheonManufacturer, which shall contain the following information for such month: QUANTITY RECEIVED: The total quantity of Bulk API that complies with the Specifications and is received at the Facility during the applicable period. QUANTITY DISPENSED: The total quantity of Bulk API dispensed at the Facility during the applicable period. The Quantity Dispensed is calculated by adding the Quantity Received to the inventory of Bulk API that complies with the Specifications and is held at the beginning of the applicable period, less the inventory of Bulk API that complies with the Specifications and is held at the end of such period. The Quantity Dispensed shall only include Bulk API received and dispensed in connection with commercial manufacturing of Finished Product and, for certainty, shall not include any Bulk API received or dispensed in connection with technical transfer activities or development activities during the applicable period, including, without limitation, any regulatory, stability, validation or test batches manufactured during the applicable period. QUANTITY CONVERTED: The total amount of Bulk API contained in the Finished Products produced with the Quantity Dispensed, delivered by Manufacturer, and not rejected or returned in accordance with Section 3.5 or recalled under Article 5 as a result of a failure by Manufacturer to manufacture Finished Product that conforms to the Manufacturer Manufacturing Responsibilities.