Raw Materials definition
Examples of Raw Materials in a sentence
The Parties acknowledge and agree that certain Raw Materials may be procured in accordance with the Agency Model to the extent practicable upon its successful operationalization; provided, that notwithstanding anything to the contrary in this Agreement, Lonza shall not incur, or be entitled to reimbursement of, such costs of such Raw Materials in excess of [***] per Batch excluding Buffers without documented necessity and Vaxcyte’s prior written consent.
In the event of a claim by Vaxcyte under all-risk or cargo insurance policy referenced in the foregoing clause (a) for the loss of Raw Materials, intermediates, or Products, Lonza shall cover [***] of the deductible(s) under such insurance policy (or policies) up to [***].
To the extent possible, Lonza shall segregate Vaxcyte Supplied Raw Materials and Lonza Manufactured Product Components from materials held for other customers.
Charges for Raw Materials and the associated Raw Material Fee for each Batch or needed for Development Services as well as any other pass-through costs explicitly approved in a Project Plan for Development Services or Manufacturing Services for Batches shall be invoiced with adequate supporting documentation upon [***].
Notwithstanding anything to the contrary in this Agreement, Lonza will notify Vaxcyte of any substantial loss of Raw Materials within [***] after discovering the loss.