Minimum Run Quantity definition

Minimum Run Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in Schedule B;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Minimum Run Quantity means the minimum number of batches of the Drug Product to be produced during the same cycle of manufacturing as set forth in Schedule B hereto;

Minimum Run Quantity means the minimum number of batches of Finished Product to be produced during the same cycle of manufacturing as set forth in EXHIBIT A hereto.

Examples of Minimum Run Quantity in a sentence

• The Client acknowledges that the Fees in any Contract Year are quoted based upon the Minimum Run Quantity and estimated annual volume for the Drug Product specified in Schedule B or thereafter specified in the forecast provided pursuant to Section 4.2(b) for the Contract Year and is subject to change if the specified Minimum Run Quantity and estimated annual volume is not met.

• For greater certainty, if Patheon and the Client agree that the Minimum Run Quantity of the Drug Product shall be reduced whether as a result of a decrease in estimated annual volume or otherwise and, as a result of such reduction, Patheon’s Fees materially increase on a per unit basis, then subject to the limitation set forth in 4.2(a) above Patheon shall be entitled to an increase in the Fees by an amount sufficient to absorb such increase.

• Santarus shall submit Firm Purchase Orders on a monthly basis and acknowledges that quantities of Finished Product ordered in any single Firm Purchase Order will not be less than the Minimum Run Quantity.

• Client acknowledges that the Price in any Year is quoted based upon the Minimum Run Quantity and the price tiers specified in Schedule B.

• The Client acknowledges that the fee for Manufacturing Services in respect of a Product in any Year is quoted based upon the Minimum Run Quantity and Annual Volume per Product specified in Schedule B or thereafter specified in the forecast provided pursuant to clause (b) of this Section 4.2 for the Year and is subject to change if the specified Minimum Run Quantity changes or if the Annual Volume is not met.

• The Price is subject to change if the specified Minimum Run Quantity changes or if the Annual Volume is not ordered in a Year.

• Purchaser’s obligation to accept Risk-Dated Product, however, shall not exceed more than [*] Product tablets per Minimum Run Quantity; provided that, Supplier shall be obligated to repurchase from Purchaser [*]% of any Risk-Dated Product that has less than [*] months of shelf-life at the price paid by Purchaser and credit Purchaser for the difference between the Actual Transfer Price paid and/or calculated for such Risk-Dated Product and Supplier’s cost for the other [*]%.

• Client acknowledges that the Price in any Year is quoted based upon the Minimum Run Quantity and the Annual Volume specified in Schedule B for Phase 1 ([*]) equipment, and Phase 2 ([*]) equipment, respectively, together with price adjustments for manufacturing and the combination of Phase 1 and Phase 2 equipment, respectively.

• The Price is subject to change if the specified Minimum Run Quantity changes.

• For greater certainty, if Patheon and the Client agree that the Minimum Run Quantity in respect of a Product shall be reduced whether as a result of a decrease in Annual Volume or otherwise and, as a result of such reduction, Patheon's fees for services relating to such Product increase on a per unit basis, then Patheon shall be entitled to, and shall notify Client in writing of, an increase in the fee for Manufacturing Services in respect of such Product by an amount sufficient to absorb such increase.

More Definitions of Minimum Run Quantity

Minimum Run Quantity means the minimum number of Batches to be produced during the same cycle of manufacturing as set forth in Schedule B.

Minimum Run Quantity means the minimum quantity of a Product, expressed in packaged units, to be produced during the same cycle of manufacturing as set forth in Schedule A hereto;

Minimum Run Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Addendum, as the same may be amended from time to time by the written agreement of the Parties. “[ * ] Meeting” will have the meaning [ * ].

Minimum Run Quantity means the minimum number of tablets of a Product to be produced during the same cycle of manufacturing as set forth in Schedule C hereto;

Minimum Run Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in Schedule B hereto; "PRODUCT" means an immediate release tablet formulation of the Active Material as described in the sNDA submitted by Client to the FDA; "QUALITY AGREEMENT" means the agreement dated April 7, 2005 entered into between the parties hereto setting out the quality assurance standards to be applicable to the Manufacturing Services provided by Patheon, which agreement is attached hereto as Schedule G; "SPECIFICATIONS" means the file, for each Product, which is provided by the Client to Patheon in accordance with the procedures listed in Schedule A hereto and which contains documents relating to such Product, including, without limitation: (a) specifications for Active Material and Components including the test methods for the Active Material and Components; -3- <PAGE>

Minimum Run Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in Schedule B hereto; "PH. EUR." means the then current European Pharmacopeia;