BioLife Products definition
Examples of BioLife Products in a sentence
For purposes of this Agreement, “delivery” means the date when BioLife or its third party manufacturer transfers BioLife Products to a carrier designated by Customer to transport quantities of BioLife Products to Customer’s chosen location.
In the event that a return authorization is so issued Customer shall package and return in accordance with the requirements listed in Product Specification to BioLife at BioLife’s expense the quantity of BioLife Products in question and BioLife shall replace such quantity as soon as reasonably practicable thereafter.
If the quantity of BioLife Products in question is determined to be non-conforming, such non-conforming BioLife Products shall be held for BioLife’s disposition, or shall be returned to BioLife, in each case at BioLife’s expense, as directed by BioLife no later than ten (10) days following such determination.
BioLife Customer shall promptly update the Escrow Materials from time to time as may be necessary to reflect changes to the Product Specifications and manufacturing processes so that at all times the Escrow Materials are sufficient to enable Customer to make or have made BioLife Products to the then current Product Specifications and in accordance with the then current manufacturing process.
BioLife or its third party contract manufacturers are in material compliance with all applicable U.S. laws with respect to each facility to be used in manufacture of BioLife Products and, to BioLife’s knowledge, there are no circumstances or conditions which would reasonably be expected to prevent such compliance from continuing.
If the payment in respect of such quantity of BioLife Products is outstanding, it shall be postponed until such replacement quantities are received and accepted by Customer in accordance with this Section 3.
Title, risk of loss and/or damage to BioLife Products will pass to Customer on delivery to any carrier designated by Customer to transport quantities of BioLife Products to Customer’s premises.
The prices for BioLife Products are expressed to be exclusive of any sales or value added tax which may be due on any supply of BioLife Products and Customer shall pay to BioLife in addition all such sales and value added tax applicable to Customer’s purchase of the BioLife Products.
BioLife represents and warrants to Customer at the Effective Date that the Escrow Materials existing at the Effective Date are sufficient to enable Customer to make or have made BioLife Products to the Product Specifications existing at the Effective Date and in accordance with the manufacturing process used by BioLife at the Effective date.
The parties shall enter into an Escrow Agreement in the form of Exhibit B attached hereto with the escrow agent named therein (the “Escrow Agent”), pursuant to which BioLife shall deposit into escrow (the “Escrow”) documents describing the formulation and manufacturing process for the BioLife Products, which shall be updated by Biolife promptly after Biolife implements any changes to the formulation and manufacturing process for the BioLife Products (the “Escrow Materials”).