API Value definition
Examples of API Value in a sentence
If the Actual Yield should be less than the Target Yield, in the[*], ▇▇▇▇▇▇ shall reimburse Radius for such excess use of API, multiplied by the API Value, subject to the Annual Cap.
If the Actual Yield should be less than the Target Yield, [*], ▇▇▇▇▇▇ shall reimburse Radius for such excess use of API, multiplied by the API Value, subject to the Annual Cap.
Patheon’s liability shall (i) be limited to [ * ]% of the API Value, as indicated in Schedule D attributable to the relevant Active Pharmaceutical Ingredient lost or damaged; and, (ii) shall not exceed the maximum amount of Euro [ * ] in the aggregate in respect of all Active Pharmaceutical Ingredient during a Year.
Notwithstanding the foregoing, any liability that results from a breach by Patheon of the Manufacturing Requirements shall be limited to the API value as listed in Schedule B (the “API Value”) attributable to the relevant API lost or damaged and, in any event, Patheon’s liability for loss or damage to API resulting from a breach by Patheon of the Manufacturing Requirements shall not exceed the applicable maximum API Value listed in Schedule B (the “Maximum API Value”), in the aggregate, in any Year.