Common use of Inventory Transfer Clause in Contracts

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 ▇▇▇▇▇▇’▇ expense.

Appears in 2 contracts

Sources: Api Supply Agreement, Api Supply Agreement (Hospira Inc)

Inventory Transfer. Upon the termination of this Agreement, Abbott shall transfer all remaining firm orders of Products pursuant to Section SECTION 2.1(b), work in process and raw materials relating to the Products manufactured pursuant to this Agreement to Hospira at Hospira’s '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 SECTION 4.1, in which case such inventory, work in process and raw materials shall be returned at ▇▇▇▇▇▇'▇ expense.

Appears in 1 contract

Sources: Manufacture and Supply Agreement (Hospira Inc)