Common use of Shortages Clause in Contracts

Shortages. Adolor shall give GSK written notice as soon as reasonably --------- practicable if Adolor becomes aware that its Product Suppliers will not be able to substantially satisfy the Parties' requirements for API Compound, and the Parties shall give each other written notice as soon as reasonably practicable if either Party becomes aware that its Product Suppliers will not be able to substantially satisfy the Parties' requirements for formulated Collaboration Products, for whatever reason. In the event that there is a failure to substantially satisfy the Parties' requirements of API Compound or formulated Collaboration Product, provided that such requirements cannot be satisfied by the Parties' inventories of API Compound or formulated Collaboration Product, and additionally provided that such failure will or does result in an interruption of supply of Collaboration Products to the commercial market, then GSK and Adolor will immediately work together, in good faith, to identify an appropriate alternative source of API Compound or formulated Collaboration Products supply, provided that:

Appears in 5 contracts

Samples: Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp)

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