Common use of Capital Items Clause in Contracts

Capital Items. PRI shall pay to Dendreon, [ * ] US Dollars [ * ] within [ * ] days after the Effective Date for purchase by Dendreon on behalf of PRI of all capital items as provided for in the Collaboration Research Plan. Dendreon, on behalf of PRI, shall purchase all capital equipment identified in the Collaboration Research Plan in amounts not to exceed [ * ], and all right, title and interest to such capital equipment shall be in PRI. At the expiration or termination of this Agreement, all such equipment shall be shipped by Dendreon to PRI at such location specified by PRI, f.o. b. site of the equipment, at PRI's expense.

Appears in 2 contracts

Sources: Research Collaboration and License Agreement (Dendreon Corp), Research Collaboration and License Agreement (Dendreon Corp)