Paragon Facility Sample Clauses
The Paragon Facility clause defines the terms and conditions governing a specific credit or loan facility provided by Paragon, typically a financial institution or lender. This clause outlines the scope of the facility, including the maximum borrowing amount, permitted uses of funds, repayment schedule, and any applicable interest rates or fees. For example, it may specify that the borrower can draw funds up to a certain limit for working capital or project financing, subject to compliance with agreed covenants. The core function of this clause is to clearly set out the operational framework and obligations for both lender and borrower, thereby reducing ambiguity and managing financial risk.
Paragon Facility. All Product manufactured for Client hereunder shall be manufactured solely by Paragon at the Paragon Facility. Paragon shall be solely responsible for all scheduling related to the Paragon Facility and for the operation of such facility.
Paragon Facility. Paragon lawfully controls operations in the Paragon Facility and will maintain the Paragon Facility in accordance with cGMP and in such condition as will allow Paragon to manufacture the Product(s) in compliance with cGMP and in conformance with the applicable Master Manufacturing Record.