Material Supply. 6.1 Within three (3) months of the Effective Date, KH shall supply [. . .***. . .] grams of the Material to NC. Notwithstanding this three (3) month period, KH shall proceed with such supply immediately after the Effective Date and shall make reasonable efforts to expedite such supply. 6.2 For the purpose of Section 6.1, NC shall notify KH in writing of where and how the Material should be sent. 6.3 When the Material is supplied to NC by KH for the transactions contemplated hereunder, such Material shall be supplied "as it is" and is neither compliant with the GMP requirements nor for human use. For clarification, KH is not obligated to reanalyze such Material or to provide NC with any documentation relating to such Material, including the certificates for analysis. 6.4 For human bodies shall NC not use the Material supplied to NC by KH for the transactions contemplated hereunder. 6.5 The parties agree that, as regards the Material supplied to NC by KH for the transactions contemplated hereunder, it is NC's sole responsibilities to respond to the inquiries from and to cope with the audit or inspection by the Authority. 6.6 The ownership of, and risk of loss to the Material supplied to NC by KH for the transactions contemplated hereunder shall pass from KH to NC at the time of its delivery from KH to NC.
Appears in 2 contracts
Sources: License Agreement (NovaCardia Inc), License Agreement (NovaCardia Inc)