Raw Material Procurement Clause Samples

The Raw Material Procurement clause outlines the responsibilities and procedures for sourcing and acquiring the materials necessary for production or service delivery. It typically specifies the standards for quality, timelines for delivery, and the parties responsible for ordering and payment. For example, it may require the supplier to provide materials that meet certain specifications or to notify the buyer of any anticipated shortages. This clause ensures a reliable supply of essential materials, helping to prevent production delays and clarify accountability in the procurement process.
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Raw Material Procurement. OptiNose, [***], is responsible for the purchase of all API, cap and liquid delivery subassembly, and CPL is responsible for the purchase of all other Raw Materials. CPL is responsible for the receipt, storage, sampling, testing and release for use of all Raw Materials, including without limitation the OptiNose Components, according to Specifications, the Quality Agreement and Applicable Laws. For some Raw Materials, OptiNose may instruct CPL to use specific suppliers to leverage existing contracts. CPL shall be entitled to include in the Purchase Price [***].
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Raw Material Procurement. OptiNose, at its sole cost and expense, is responsible for the purchase of all OptiNose Components, and Hikma is responsible for the purchase of all other Raw Materials. Hikma is responsible for the receipt, storage, sampling, testing and release for use of all Raw Materials, including without limitation the OptiNose Components, according to Specifications, the Quality Agreement and Applicable Laws. For some Raw Materials, OptiNose may instruct Hikma to use specific suppliers to leverage existing contracts and, in such scenarios [***]. Other than as may otherwise be part of the Purchase Price, Hikma shall not be entitled to any additional administration or other pass-through fees or expenses in connection with the Raw Materials procured by Hikma from any third party; provided, however, that [***].
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Raw Material Procurement. In the event Amgen elects to manufacture or have manufactured by a Third Party any portion of its needs or requirement for Product or Licensed Product, Amgen shall not be restricted from procuring Raw Materials from Third Parties, and Nektar agrees, upon request by Amgen, to supply Amgen with all requested Raw Materials required for manufacture of the Product or Licensed Product at [***] to the extent that such Raw Materials are available from Nektar’s suppliers to fulfill any such requests by Amgen. Nektar will [***] to obtain or maintain the ability to resell Raw Materials to Amgen pursuant to this Section 6.2.
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Related to Raw Material Procurement

  • CFR PART 200 Procurement of Recovered Materials A non-Federal entity that is a state agency or agency of a political subdivision of a state and its contractors must comply with section 6002 of the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act. The requirements of Section 6002 include procuring only items designated in guidelines of the Environmental Protection Agency (EPA) at 40 CFR part 247 that contain the highest percentage of recovered materials practicable, consistent with maintaining a satisfactory level of competition, where the purchase price of the item exceeds $10,000 or the value of the quantity acquired during the preceding fiscal year exceeded $10,000; procuring solid waste management services in a manner that maximizes energy and resource recovery; and establishing an affirmative procurement program for procurement of recovered materials identified in the EPA guidelines. Does vendor certify that it is in compliance with the Solid Waste Disposal Act as described above? Yes

  • Equipment Procurement If responsibility for construction of the Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades is to be borne by the Connecting Transmission Owner, then the Connecting Transmission Owner shall commence design of the Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades and procure necessary equipment as soon as practicable after all of the following conditions are satisfied, unless the Developer and Connecting Transmission Owner otherwise agree in writing: 5.5.1 NYISO and Connecting Transmission Owner have completed the Interconnection Facilities Study pursuant to the Interconnection Facilities Study Agreement; 5.5.2 The NYISO has completed the required cost allocation analyses, and Developer has accepted his share of the costs for necessary System Upgrade Facilities and System Deliverability Upgrades in accordance with the provisions of Attachment S of the NYISO OATT; 5.5.3 The Connecting Transmission Owner has received written authorization to proceed with design and procurement from the Developer by the date specified in Appendix B hereto; and 5.5.4 The Developer has provided security to the Connecting Transmission Owner in accordance with Article 11.5 by the dates specified in Appendix B hereto.

  • Other Methods of Procurement of Goods and Works. The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

  • Strategic procurement Aim of strategic procurement: No strategic procurement

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.