Examples of Initial Shipment in a sentence
Except for the Initial Shipment and as otherwise provided under Article 11 of this Agreement, all Drug Substance and Drug Product will be shipped to Myovant EXW (Incoterms 2010) from Takeda’s designated site, freight collect, by a common carrier designated by Myovant in the Purchase Order, at Myovant’s expense.
The Initial Shipment will be shipped to Myovant DAP (Incoterms 2010) to Myovant’s designated site.
For clarity, the Initial Rolling Forecast shall not include the Initial Shipment.
Except for the Initial Shipment and as otherwise provided under Article 11 of this Agreement, Myovant shall be the “Importer of Record” of all Drug Substance and Drug Product supplied by Takeda under this Agreement.
Title and risk of loss will transfer to Myovant when the Initial Shipment is available for unloading at Myovant’s designated site.
Myovant will be responsible for import clearance of the Initial Shipment.
Within [***] Business Days of the Effective Date of this Agreement, the Initial Shipment will be delivered to Myovant in accordance with Section 7.3.
Notwithstanding anything to the contrary in this Agreement, with respect to each Partner Product specifically identified in EXHIBIT B attached hereto, if VUG receives an Approved Gold Master from Interplay, but projects (in its Final Gross Sales Projection) an Initial Shipment of less than ***units of that Partner Product, VUG shall notify Interplay of this determination in writing along with delivery to Interplay of its Final Gross Sales Projection (such notice, a "DOUBTFUL PRODUCT NOTICE").
Following the Six Month Evaluation, VUG shall at the Three Month Evaluation make a subsequent determination of the projected Gross Sales Revenues at Initial Shipment (the "THREE MONTH GROSS SALES PROJECTION").
Interplay acknowledges and agrees that, subject to SECTION 11.7 of the Agreement and the terms below in this SECTION 1.2 of EXHIBIT A, final projected Gross Sales Revenues at Initial Shipment (the "FINAL GROSS SALES PROJECTION") will be determined *** upon receipt from Interplay of the Approved Gold Master.