Common use of Product Issues Clause in Contracts

Product Issues. BIOTIUM agrees to promptly notify LICENSEE of any lot failure, manufacturing problems or similar issues that may impact LICENSEE’s ability to distribute Products or Licensed Products to its customers. Within [***] days following BIOTIUM’s receipt of any response or other notice from LICENSEE that a problem has developed with a Product, BIOTIUM agrees to provide a detailed written response to LICENSEE outlining a plan to resolve the problem, to the extent such problem is related to BIOTIUM’s manufacture of the Product or obligations hereunder.

Appears in 2 contracts

Sources: Supply & License Agreement (Cytek BioSciences, Inc.), Supply & License Agreement (Cytek BioSciences, Inc.)