Pilot Lot definition
Examples of Pilot Lot in a sentence
In addition, the chart below also indicates the pricing for the cut up blade, static / fatigue test blade, First Piece Qualification (“FPQ”) blades and Pilot Lot Qualification (“PLQ”) blades as required by the QPP.
BG Medicine hereby acknowledges that upon acceptance by BG Medicine of Pilot Lot or Lot pursuant to Section 2.7(a) and submission of invoices by Corgenix to BG Medicine pursuant to Section 2.12, transfer of title of the Pilot Lot or Lot from Corgenix to BG Medicine shall have occurred.
In addition, Corgenix shall provide to BG Medicine kits from each Pilot Lot in a quantity sufficient, in BG Medicine’s sole good faith discretion, for BG Medicine to validate the Products independently.
In addition, the chart above also indicates the pricing for the First Piece Qualification (“FPQ”) and Pilot Lot Qualification (‘PLQ”) blades as required by the QPP.
No later than [***] after the conclusion of the second Pilot Lot, BG Medicine shall provide Corgenix with a written [***] rolling forecast (“Forecast”) of the quantities of each Product estimated by BG Medicine to be ordered from Corgenix under this Agreement for each calendar month.
Corgenix shall perform all agreed upon procedures as documented in the manufacturing and quality release documents as further set forth in the Specifications for each Pilot Lot to ensure that each Pilot Lot is in compliance with all applicable Specifications.
Seller shall repay the Advance Payment to Buyer in full without interest by providing Buyer with a credit of [...***...] on the purchase price of the first [...***...] Components sets supplied by Seller to Buyer after: (i) Components manufactured for blade cut up, static, and fatigue tests; (ii) Component sets manufactured for First Piece Qualification (FPQ) and Pilot Lot Qualification (PLQ), and; (iii) the [...***...] Component sets supplied to Buyer after (i) and (ii).
After the third Pilot Lot is completed, BG Medicine will supply Critical Components for the first three (3) months of production.
BG Medicine may elect to provide certain Critical Components to Corgenix on a lot by lot basis during the Pilot Lot phase.