Compound Product definition
Examples of Compound Product in a sentence
Notwithstanding any provision in this Agreement to the contrary, Licensee shall be solely responsible for any product liability, liability for death, illness, personal injury, improper business practice or any other statutory liability or any other liability under any law or regulation in respect of the Compound, Product and/or Licensed Product.
For clarity, any sale of Compound, Product and/or Licensed Product between Licensee and other MPP Licensee(s) other than for end use by such other MPP Licensee(s) shall be exempt from any royalty payment.
No license or right is granted by implication or otherwise with respect to the Compound, Product and/or Licensed Product, except as expressly granted herein.
Licensee shall be solely responsible for obtaining all regulatory approvals, including any Key Approvals and local regulatory approvals, necessary for Licensee to develop, manufacture, use, Retail, Vend and Commercialize the Compound, Product and Licensed Product as permitted under this Agreement.
Licensee hereby agrees to supply reasonable amounts of ritonavir, materials used in the synthesis of the Compound, the Compound, Product and/or Licensed Product, as requested by Pfizer in writing, to Pfizer or its Affiliates at the actual cost of goods (verifiable via Third Party audit) plus a ten percent (10%) markup under a supply agreement containing such other reasonable and customary terms and conditions as are agreed by Pfizer and Licensee in good faith.