Divested Product definition
Examples of Divested Product in a sentence
DSM agrees to negotiate in good faith to reach agreement with such Third Party in respect of continuation of any Divested Product under this Agreement.
Although the terms and conditions of such divestment shall be completely within the control of Barrier, the Parties agree that the terms and conditions of further development and/or manufacturing by DSM of such Divested Product under this Agreement shall be subject to renegotiation between DSM and Barrier and/or the Third Party transferee of such drug rights.
Barrier also agrees to be responsible for payment and FDA compliance with respect to any Divested Product until such time as Barrier and the Third Party have completed the transfer by formal written assignment.
Zavante also agrees to be responsible for FDA compliance with respect to any Divested Product until such time as Zavante and the Third Party have completed the transfer of this Agreement in accordance with Section 15.6 of this Agreement, that is, by formal written assignment that is in form acceptable to ERN, with such acceptance not to be unreasonably withheld.
AMAG also agrees to be responsible for payment of purchased Product and Regulatory Authority compliance with respect to any Divested Product until such time as AMAG and the Third Party have completed the transfer by formal written assignment.
Although the terms and conditions of such divestment shall be completely within the control of Onyx, the Parties agree that the terms and conditions of further development and/or manufacturing by DSM of such Divested Product under this Agreement shall [*].
Although the terms and conditions of such divestment shall be completely within the control of Discovery Labs, the Parties agree that the terms and conditions of further development and/or manufacturing by DSM of such Divested Product under this Agreement shall be subject to renegotiation between DSM and the Third Party transferee of such drug rights.
The Divestment shall not diminish Draxis’ obligations hereunder and, except as specifically provided otherwise in this Article IX, the provisions of the Agreement shall continue to govern any Divested Product.
Commitments made prior to the date of divestment, which have accrued hereunder in respect of such Divested Product.
In such event, DSM shall not be required to supply the Divested Product to the designated Third Party for a period of more than [***].