PLIVA definition
Examples of PLIVA in a sentence
ELITE and PLIVA shall be jointly responsible for searching, reviewing and evaluating any patents or published patent applications pertaining to the manufacture, use and sale of Product in each country in the Territory, including without limitation, relating to active pharmaceutical ingredients and Product formulation.
PLIVA and ELITE shall be responsible for, and shall share equally the cost of, defending the Product and the parties hereto against any lawsuits in accordance with the terms and conditions of Article 7.
At least once per calendar quarter PLIVA shall provide to ELITE, in writing, an outline of PLIVA's sales expectations for the Product for the upcoming three calendar quarters.
Title and risk of loss and damages to Product shall pass to PLIVA upon delivery to PLIVA's designated carrier.
ELITE and PLIVA have executed this Agreement in duplicate as of the day and year first above written.
PLIVA and ELITE jointly shall investigate and defend any and all claims, actions and proceedings resulting from an assertion against ELITE or PLIVA (or a Licensee if ELITE and PLIVA have agreed to indemnify such Licensee) that the Product infringes upon a third party's intellectual property rights ("INFRINGEMENT CLAIM").
This Agreement shall become Effective Date and shall continue in force, in with respect to any particular country in the Territory, for a ten (10) year period from the date the Product is first commercially sold in that country by PLIVA ("Initial Term"), unless terminated earlier under Article 12.
ELITE shall manufacture, store and ship the PRODUCT to PLIVA, and PLIVA shall store, ship, market and distribute the PRODUCT in the Territory, in accordance with cGMPs, Applicable Laws, the Specifications, and the terms and conditions of this Agreement.
ELITE shall provide to PLIVA a sample of the printed labeling and packaging for the Product for PLIVA's approval.
PLIVA shall pay each invoice within forty five (45) days of the invoice date.