Common use of Shipping Criteria Clause in Contracts

Shipping Criteria. As used herein, “Shipping Criteria” shall mean the criteria instrument requirements contained in the approved PDR in effect at the time of intended shipment (such criteria being intended to verify fulfillment of the product requirements) to be applied by STRATEC in determining whether an Instrument is suitable for shipment to QUOTIENT. The Shipping Criteria for Prototype, Validation and Production Instruments will be finalized and approved by both parties in Phase 1.

Appears in 3 contracts

Samples: Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD)

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Shipping Criteria. As used herein, “Shipping Criteria” shall mean the criteria instrument Instrument requirements contained in the approved PDR in effect at the time of intended shipment (such criteria being intended to verify fulfillment of the product requirements) to be applied by STRATEC in determining whether an a Instrument is suitable for shipment to QUOTIENTQTX. The Shipping Criteria for Prototype, Validation and Production Instruments will be finalized and approved by both parties Parties in Phase 1.

Appears in 2 contracts

Samples: Stratec Development Services and Equity Participation Agreement (Quanterix Corp), Stratec Development Services and Equity Participation Agreement (Quanterix Corp)

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