Transfer Prices. BIOVENTUS will purchase exclusively from IBSA (subject to Article II.3 of the Agreement) all of its requirements of the PRODUCT for the TERRITORY, at a TRANSFER PRICE equal to [***] of the NET SELLING PRICE in the TERRITORY. Except as set forth in this Agreement, in no event, shall the TRANSFER PRICES from IBSA to BIOVENTUS be less than the following floor price (the “FLOOR PRICE”):
Appears in 2 contracts
Sources: Exclusive License, Supply and Distribution Agreement (Bioventus Inc.), Exclusive License, Supply and Distribution Agreement (Bioventus Inc.)