Common use of Revised Prices Clause in Contracts

Revised Prices. Notwithstanding the foregoing, if either party in good faith determines that, due to material changes in manufacturing or marketing circumstances, it is not commercially feasible to purchase or sell the Testing Device or the Readers hereunder for commercial sale in any country in the Territory for use in the Field, the parties shall meet and negotiate in good faith, and if the parties mutually agree, revise the sales price for the Testing Device or the Reader under this Section 5.1.

Appears in 2 contracts

Sources: Development, Supply and Distribution Agreement (Biosite Diagnostics Inc), Development, Supply and Distribution Agreement (Biosite Diagnostics Inc)