Gavi Advance Purchase Commitment Sample Clauses

Gavi Advance Purchase Commitment. 2.1 Subject to Clause 2.2 and satisfaction of the Purchase Condition (unless such satisfaction is waived by ▇▇▇▇ in its sole discretion), ▇▇▇▇ agrees to procure the purchase of the Novavax Doses by COVAX Buyers from Novavax for the COVAX Participant Price (the “Firm Order Commitment”). 2.2 In the event that the Vaccine Condition is not satisfied, the Parties acknowledge and agree that Gavi may, in its [***] discretion, reduce the Novavax Doses by such number of doses as it deems appropriate (in Gavi’s [***] opinion) to reflect any