Intermediates Clause Samples
The "Intermediates" clause defines the rights and obligations regarding materials or products that are created during the process of performing a contract but are not the final deliverables. This clause typically specifies ownership, use, and handling of these intermediate materials, such as drafts, prototypes, or partially completed work, clarifying whether they remain the property of the creator or are transferred to the client. Its core practical function is to prevent disputes over the use and ownership of work-in-progress items, ensuring both parties understand their rights to any materials generated before the final product is delivered.
Intermediates. Should the intermediates (i.e. toxin and mAb) not be available to be released at BSP at least four (4) weeks before the manufacturing date then Immunomedics shall immediately notify BSP thereof. Promptly thereafter, the Parties shall meet to discuss in good faith if BSP can comply with the original schedule using its best efforts to do so, and if BSP cannot comply with the original schedule, BSP shall use best efforts to adjust the manufacturing in accordance with the terms of this LOI and with BSP’s production plan. Should the adjustment of manufacturing not be possible, the relevant production shall be cancelled and Immunomedics shall remain obligated to pay such part of unused capacity; provided that BSP is unable to fill the unused capacity with work from a third party after using best efforts to do so.
Intermediates. Subject to the restrictions and obligations on Celera’s use of the Intermediates set forth in this Agreement, Celera will sell Intermediates, directly or through a Distributor, only (i) to end users who purchase or use Celera diagnostic products and (ii) for use only with Celera diagnostic products. For the avoidance of doubt, the foregoing will not restrict Celera’s or its bona fide collaborators’ use of Intermediates for research, development or in Celera’s clinical laboratory testing services business, subject in each case to the restrictions and obligations on Celera herein.
Intermediates. It is contemplated that a long-term supply agreement between the Parties will involve an obligation by Solvay to maintain, on agreed terms and conditions, an inventory of certain Bulk Product Intermediates of not less than [*]. Such inventory shall be rotated to maintain an average time in inventory of [*]. For Bulk Product Intermediates utilized pursuant to this Supply Agreement and any long term Supply Agreement between the Parties, Solvay shall retain samples of lots of Bulk Product Intermediates used in the manufacture of Bulk Product until such Bulk Product has been shipped to and accepted by COR.
Intermediates. When in ▇▇▇▇▇'▇ professional judgment it is necessary or appropriate and subject to the Client's prior approval, Marsh may utilize the services of other intermediates, including wholesale brokers, to assist in the marketing of the Client's insurance. Such intermediates may be affiliates of Marsh Wholesale brokers may represent insurers or act as managing general agents. Prior to utilizing a wholesale broker in connection with a placement for the Client, Marsh shall disclose to the Client the compensation received or to be received by Marsh and its affiliates in connection with the wholesale placement, any interests of Marsh and its affiliates in the wholesale broker, any contractual agreements between Marsh and its affiliates, on the one hand, and the wholesale broker, on the other, and alternatives to using the wholesale broker. ▇▇▇▇▇ shall disclose to the Client the compensation of any Marsh affiliated intermediaries utilized in connection with the Client's placements, and obtain the Client's consent to such compensation, prior to the binding of coverage. Marsh shall disclose to the Client the compensation of any non-Marsh affiliated intermediaries utilized in connection with the Client's placements to the extent known by Marsh.