PSS definition
Examples of PSS in a sentence
Either Party may terminate the applicability of this Agreement to a particular Finished Product (or a particular PSS relating to a particular Finished Product), effective immediately upon notice to the other Party, if the Finished Product or Product is withdrawn as a result of FDA (or other Regulatory Authority with jurisdiction) actions or voluntarily withdrawn by Buyer.
The Parties may agree to Supplier Manufacturing and supplying of other Drug Products in accordance with the process described in Section 10.6 of this Agreement, and upon execution of an applicable amendment or PSS, such Drug Product shall become then, upon agreement of the Supplier and Buyer, a “Product” for purposes of this Agreement, subject to any additional terms set forth in such amendment or PSS.
If either Party is unable or unwilling to make such changes, either Party will have the option of terminating this Agreement (or PSS to the extent relevant) with twelve (12) months’ notice to the other Party, and any such termination shall be deemed to be termination for a Supplier Event for purposes of Section 18.5(c).
Notwithstanding the foregoing, if any accepted purchase order or PSS extends beyond the expiration or termination of this Agreement, at Buyer’s request, the Term shall be extended until delivery of the relevant Finished Product under that purchase order or PSS.
In addition, unless otherwise expressly set forth herein, no expiration of the Term or termination of this Agreement (or PSS) shall have any effect on any payment, obligation accruing or arising prior to such expiration or termination or relieve any Party from obligations that are expressly indicated to survive termination or expiration of this Agreement.