Deterioration. If the condition of a Consigned Product has deteriorated after delivery, other than deteriorations due to: (a) a Defect in a Consigned Products present at delivery; (b) normally expected changes or deteriorations occurring in storage, and not caused by an event external to the Consigned Product or breach by the Customer of this Agreement; (c) deteriorations which are so slight that they would not affect use of a Consigned Product or prevent Medartis from re-supplying a Consigned Product to a third party in a condition which would not be Defective. If a Consigned Products has a shelf life, and that shelf life expires, or has less than 1 year to run when the Consigned Product is returned.
Appears in 2 contracts
Sources: Standard Terms of Supply, Loan and Consignment Agreement