Common use of Unit Pricing Increase Clause in Contracts

Unit Pricing Increase. Beginning on January 1, 2017 and continuing on January 1 of each calendar year during the Term thereafter (each a “Re-Pricing Date”), the Unit Pricing, including the minimum shortfall unit pricing, (as set forth on Attachment C) shall be adjusted on an annual basis, upon [**] prior written notice from Catalent to Client, in proportion to [**].

Appears in 2 contracts

Samples: Commercial Supply Agreement (Lexicon Pharmaceuticals, Inc.), Commercial Supply Agreement (Lexicon Pharmaceuticals, Inc.)

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Unit Pricing Increase. Beginning on January 1, 2017 and continuing on January 1 of each Commencing in calendar year during the Term thereafter (each a “Re-Pricing Date”)2022, the Unit Pricing, including Pricing (except to the minimum shortfall unit pricing, (as set forth on Attachment Cextent consisting of the price of Raw Materials and components) shall may be adjusted on an annual basis, effective on the first (1st) day of the first full calendar quarter of each Contract Year upon [**] not less than one hundred twenty (120) days’ prior written notice from Catalent to Client, to reflect increases or decreases in proportion labor, utilities and overhead and shall be in an amount equal to [**].the change

Appears in 1 contract

Samples: Supply Agreement (Phathom Pharmaceuticals, Inc.)

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Unit Pricing Increase. Beginning on January 1, 2017 and continuing on January 1 of each calendar year during the Term thereafter (each a “Re-The Unit Pricing Date”), the Unit Pricing, including the minimum shortfall unit pricing, (as set forth on Attachment C) shall be adjusted on an annual basis, effective on each January 1st of every calendar year, upon [**] 60 days’ prior written notice from Catalent to ClientClient provided, however, than no such adjustment shall result in proportion to an increase of Unit Pricing exceeding [**]*] in any one calendar year or [***] in the aggregate during the Term. In addition, price increases for raw materials, labor, utilities and components shall be passed through to Client upon reasonable documentation.

Appears in 1 contract

Samples: Commercial Supply Agreement (Minerva Neurosciences, Inc.)

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