Tangible benefit Sample Clauses
A "Tangible benefit" clause defines and specifies the concrete, measurable advantages or gains that a party is expected to receive under an agreement. This clause typically outlines what constitutes a tangible benefit, such as cost savings, increased revenue, or delivery of physical goods, and may set criteria for how these benefits are to be assessed or verified. By clearly identifying what tangible benefits are expected, the clause helps ensure that both parties have a mutual understanding of the value being exchanged and reduces the risk of disputes over whether contractual obligations have been met.
Tangible benefit. Novartis will receive a tangible benefit as set forth in Exhibit A.
Tangible benefit. Savings to the Government that can be measured in terms of dollars.
Tangible benefit. Novartis Healthcare will be mentioned in the information material.