Toll Packaging Sample Clauses
The Toll Packaging clause defines the arrangement under which one party (the toll packer) processes, packages, or assembles goods on behalf of another party, typically using materials supplied by the client. In practice, this clause outlines the responsibilities of each party, such as the provision of raw materials, packaging specifications, quality control standards, and timelines for delivery. Its core function is to clearly allocate duties and expectations in the packaging process, thereby minimizing misunderstandings and ensuring that both parties are aware of their obligations and the standards to be met.
Toll Packaging. (1) As soon as reasonably practicable following the execution and delivery of this Agreement, separate Toll Packaging Agreements in the form attached hereto as Exhibit 6 (with such variations as may be necessary to comply with local laws and regulations), relating to the packaging of Cholesterol Products for sale by (x) M and its Affiliates in Far East Co-Marketing Countries, and (y) M and its Affiliates in Far East Single Presence Countries in which M has been deemed to have the single presence, and (z) the Parties in Far East Co-Promotion Countries (other than China), shall be entered into between MSDAPS and an M Affiliate and S Affiliate, respectively, pursuant to which (i) the M Affiliate will package the finished Combination Products and (ii) the S-P Affiliate will package the finished Ezetimibe Monotherapy Product, in each case, for sale in the Far East.
(2) As soon as reasonably practicable following the execution and delivery of this Agreement, separate Toll Packaging Agreements in the form attached hereto as Exhibit 6 (with such variations as may be necessary to comply with local laws and regulations), relating to the packaging of Cholesterol Products for sale by (x) S-P and its Affiliates in Far East Co-Marketing Countries, (y) S-P and its Affiliates in Far East Single Presence Countries in which S-P has been deemed to have the single presence, and (z) the Parties in China (if China becomes a Far East Co-Promotion Country in accordance with Section 3.5.3 of this Agreement), shall be entered into between SOL and an M Affiliate and S Affiliate, respectively, pursuant to which (i) the M Affiliate will package the finished Combination Products and (ii) the S-P Affiliate will package the finished Ezetimibe Monotherapy Product, in each case, for sale in the Far East.
Toll Packaging. (1) As soon as reasonably practicable following the execution and delivery of this Agreement, an Affiliate of M and MSDIS shall enter into a Toll Packaging Agreement in the form attached hereto as Exhibit 6 (with such variations as may be necessary to comply with local laws and regulations), pursuant to which the Affiliate of M will package the finished Cholesterol Products for sale in the EMEA. The Toll Packaging Agreement will provide, among other things, that the Affiliate of M may arrange for one of its Affiliates, a Third Party or an Affiliate of S-P to toll package any or all of the Cholesterol Products on behalf of the Affiliate of M.
(2) In the event that, and for so long as, S-P (or a S-P Affiliate) is responsible for the supply and distribution of Cholesterol Products in the EMEA pursuant to Section 2.1(e)(2), then S-P, or its designated Affiliate, shall also assume all of MSDIS’s rights and responsibilities to package Cholesterol Products in the EMEA as set forth in the Toll Packaging Agreements entered into pursuant to Section 2.1(f)(1). MSDIS, S-P (or its designated Affiliate) and the applicable Affiliates of M shall amend the Toll Packaging Agreements and/or perform such other acts as are necessary to substitute S-P (or its designated Affiliates) for MSDIS and the M Affiliates as parties to the Toll Packaging Agreements and to assign and transfer to S-P (or its designated Affiliate) all of MSDIS’s and the M Affiliates’ rights and obligations under the Toll Packaging Agreements with respect to Cholesterol Products in the EMEA.
Toll Packaging. (1) As soon as reasonably practicable following the execution and delivery of this Agreement, separate Toll Packaging Agreements in the form attached hereto as Exhibit 6 (with such variations as may be necessary to comply with local laws and regulations), relating to the packaging of Cholesterol Products for sale by M and its Affiliates in Latin America shall be entered into between MSDIL and an M Affiliate and S-P Affiliate, respectively, pursuant to which (i) the M Affiliate will package the finished Combination Products, and (ii) the S-P Affiliate will package the finished Ezetimibe Monotherapy Product, in each case, for sale by M and its Affiliates in Latin America.
(2) As soon as reasonably practicable following the execution and delivery of this Agreement, separate Toll Packaging Agreements in the form attached hereto as Exhibit 6 (with such variations as may be necessary to comply with local laws and regulations), relating to the packaging of Cholesterol Products for sale by S-P and its Affiliates in Latin America shall be entered into between SOL and an M Affiliate and S-P Affiliate, respectively, pursuant to which (i) the M Affiliate will package the finished Combination Products, and (ii) the S-P Affiliate will package the finished Ezetimibe Monotherapy Product, in each case, for sale by S-P and its Affiliates in Latin America.