Inventory Transfer. Seller agrees to buy, from time to time, Buyer's on-hand inventory that is in excess of Buyer's own production requirements and is needed for Seller's production. Seller also agrees to make inventory in excess of Seller's production requirements available for sale to the Buyer, to any of Buyer's Affiliates or Authorized Agents or anyone else designated by Buyer. Seller's obligation to sell such inventory to any Buyer's Authorized Agent or to anyone else designated by Buyer, is subject to Seller's determining such entities' credit worthiness is acceptable to Seller. Transfer quantities and payment terms will be mutually agreed on a case-by-case basis. Prices shall be [*]. -------------------------------------------------------------------------------- Iomega WS, Supplier RM Rev. P, July 30, 1997 -- -- Page 4 of 26 --------------------------------------------------------------------------------
Inventory Transfer. As soon as reasonably practicable following the Effective Date (but in all cases within thirty (30) days after Chimerix’s receipt of the upfront payment pursuant to Section 5.1), Chimerix shall transfer and deliver to ***Confidential Treatment Requested Merck (at a location to be specified by Merck to Chimerix), at no additional cost, all inventory of Compound and Product (including inventory of cGMP and non-cGMP bulk Compound as well as bulk Product) held by or on behalf of Chimerix or any of its Affiliates (including any such inventory held at any contract manufacturer) (the “Inventory”). The quantity of such Inventory shall be at a minimum, the quantities as set forth on Schedule 3.2, which schedule shall be broken down by cGMP and non-cGMP bulk Compound as well as by cGMP and non-cGMP bulk Product.
Inventory Transfer. Promptly following the Effective Date and receipt of all upfront payments by BII, BII shall conduct an inventory transfer to CENTREXION with respect to the Development Compounds, such transferred inventory to include drug substance as further specified in the Tech Transfer Agreement. BII shall provide the transfer of the inventory described in the Tech Transfer Agreement subject to CENTREXION’s satisfaction of its reimbursement or payment obligations as set forth in the Tech Transfer Agreement. Confidential Portions of this Exhibit marked as [***] have been omitted pursuant to a request for confidential treatment and have been filed separately with the Securities and Exchange Commission. Confidential Treatment Requested Centrexion Therapeutics Corporation STRICTLY CONFIDENTIAL AND ATTORNEY-CLIENT-PRIVILEGED DRAFT - BII - CENTREXION - PATENT ASSIGNMENT AND LICENSING AGREEMENT
Inventory Transfer. At the written request of Celgene, Prothena shall promptly assign and transfer to Celgene (or its designee) and deliver to Celgene (or its designee) (at a location to be specified by Celgene to Prothena), any or all (as and to the extent requested by Celgene) inventory of Licensed Antibodies and Licensed Products held by or on behalf of Prothena or its Affiliates as of the Effective Date (including any such inventory held at any contract manufacturer or any other location); provided that Celgene shall pay to Prothena a reasonable, fair value cost for such transferred inventory, which cost shall be negotiated in good faith and agreed to by the Parties prior to such transfer (the “Licensed Program Inventory”).
Inventory Transfer. In connection with the grant of the Reversion License, within [***] of expiration of the Wind-down Period, Licensee shall notify Licensor of any quantity of the Licensed Product remaining in Licensee’s inventory and to the extent requested by Licensor’s request, Licensee will transfer to Licensor any inventory of Licensed Products in the possession or control of Licensee or its Affiliates as of the termination date at a price equal to [***].
Inventory Transfer. Following the Effective Date, DMC Stratex will continue to review and evaluate the Business Inventory to determine the scope and items of the Consigned Business Inventory (as defined below). Such determination shall be performed during the Transition Period and shall be substantially completed by December 31, 2002. Following the determination of each batch of Business Inventory, MTI will take possession of such batch of Business Inventory, less (a) the Scrapped Business Inventory, (b) the Retained Inventory; (c) any of the Business Inventory related to manufacture of the IDUs or accessories; and (d) any other Business Inventory not required for Altium or XP4Plus+ production (collectively, the "CONSIGNED BUSINESS INVENTORY"). MTI shall transport, or arrange for the transportation, at MTI's cost, of all Consigned Business Inventory from DMC Stratex's premises at 000 Xxxx Xxxxxxx Way, San Jose, California 95134, United States of America and 000 Xxxxx Xxxxxx Xxxxxx, 4 DMC STRATEX NETWORKS, INC. CONFIDENTIAL CONFIDENTIAL TREATMENT Xxxxxxxx, Xxxxxxxxxx 00000, Xxxxxx Xxxxxx of America to MTI's premise located at 1 Innovation Road II, Science-Based Industrial Park, Hsinchu, Taiwan, or X00 Xxxxx 00, Xxxx Xxxxx High & New Technology Industry Development Zone, Jiangsu, People's Republic of China, as applicable (the "FACILITY") in accordance with the terms, schedule and timeline provided for in the Transition Services Agreement. MTI shall be responsible for obtaining the appropriate licenses or permits (including, without limitation, shipping transport, customs and other clearances) necessary to import the Consigned Business Inventory to Taiwan or the PRC, as applicable, in accordance with Section 9.5.2 of this Agreement. No later than three (3) business days before the first shipment of the Consigned Business Inventory for such transfer to be made after the execution of this Agreement, DMC Stratex shall provide MTI with a list of the Consigned Business Inventory and the price for each item of such inventory; provided that such price shall be (i) valued with adjustment based on [****]; (ii) net of [****], and (iii) subject to MTI's review for accuracy, which shall be completed by the date of shipment of the Consigned Business Inventory (such list being referred to as the "CONSIGNMENT INVENTORY PRICING LIST"). MTI shall hold such Consigned Business Inventory on a consignment basis pursuant to the terms of this Section 3 and any storage, control, management, insurance o...
Inventory Transfer. On Ziopharm’s reasonable request following the Effective Date, Precigen shall transfer to Ziopharm or its designee some or all of its inventory of IL-12 Products (including all final product, drug substance, intermediates, works-in-process, formulation materials, reference standards, drug product clinical reserve samples, packaged retention samples, and the like) that is then in the possession or Control of Precigen or its Affiliates or sublicensees and in quantities reasonably requested by Ziopharm; provided that Ziopharm shall pay Precigen a price equal to Precigen’s historical cost plus [***] percent ([***]%) for any such transferred IL-12 Product.
Inventory Transfer. Upon the termination of this Agreement, Abbott shall transfer all remaining firm orders of Products pursuant to SECTION 2.1(b), work in process and raw materials relating to the Products manufactured pursuant to this Agreement to Hospira at Hospira's expense, unless such termination shall have been as a result of a breach of this Agreement by Abbott or the early termination of this Agreement pursuant to SECTION 4.1, in which case such inventory, work in process and raw materials shall be returned at Xxxxxx'x expense.
Inventory Transfer. At the request of Merck from time to time as set forth in the Transition Plan, NewLink shall promptly transfer title to Merck and deliver to Merck (or its designee) (at a location to be [**]), [**] any or all (as and to the extent [**]) inventory of Compound and Product (including [**]) held by or on behalf of NewLink or any of its Affiliates (including any such inventory [**]) (the “Inventory”).
Inventory Transfer. Seller agrees to transfer to Buyer as of the Closing raw materials and packaging supplies having an aggregate book value of $2.9 million, computed in accordance with Section 2(b)(i), to be used in accordance with the terms of the Transitional Co-Pack Agreement.
