Common use of Manufacturing Equipment Clause in Contracts

Manufacturing Equipment. Ruthigen may, at any time upon notice to Oculus, purchase one or more units of Manufacturing Equipment, at Ruthigen’s discretion, and Oculus shall deliver the Manufacturing Equipment to Ruthigen, at Ruthigen’s expense, within sixty (60) days of receipt of payment therefor.

Appears in 4 contracts

Samples: License and Supply Agreement (Ruthigen, Inc.), License and Supply Agreement (Oculus Innovative Sciences, Inc.), License and Supply Agreement (Ruthigen, Inc.)

AutoNDA by SimpleDocs

Manufacturing Equipment. Ruthigen may, at any time upon at least 90 days’ prior written notice to Oculus, purchase one or more units of Manufacturing Equipment, at Ruthigen’s discretion, and . Oculus shall deliver the Manufacturing Equipment to Ruthigen, at Ruthigen’s expense, within sixty (60) 90 days of Oculus’ receipt of payment from Ruthigen therefor. However, if there is a third party delay for parts or other components needed to make the Manufacturing Equipment, Oculus may deliver such Manufacturing Equipment beyond the 90 days by the amount of time such part or component was delayed.

Appears in 2 contracts

Samples: License and Supply Agreement (Ruthigen, Inc.), License and Supply Agreement (Oculus Innovative Sciences, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.