Raw Materials and Components definition
Examples of Raw Materials and Components in a sentence
DPT shall use commercially reasonable efforts to obtain the best price for all Raw Materials and Components.
With respect to any Raw Materials and Components furnished by Connetics pursuant to SECTION 3.2(b), before DPT receives and tests such Connetics-supplied material, and as a condition precedent of any testing or formulation work by DPT pursuant to this Agreement, Connetics shall provide MSDS sheets to DPT.
Any Bulk Product and Raw Materials and Components shall meet the applicable Specifications.
DPT shall coordinate with Connetics before qualifying any alternate sources of Bulk Product or Raw Materials and Components.
In the event of the termination or cancellation of this Agreement for any reason, and without prejudice to any other rights and remedies available to DPT hereunder, Connetics agrees to reimburse DPT the Materials Fee for Raw Materials and Components ordered for the manufacture of Products based on Connetics' Forecasted Needs, as well as for work-in-process and finished Products.
The price for Connetics' Products shall be the actual cost of Raw Materials and Components, plus the Manufacturing Fee.
Manufacturing Cost shall equal the cost to manufacture a product during the applicable period and shall include only the following components: · The actual direct Raw Material acquisition costs from Third Parties · The actual direct component acquisition costs from Third Parties · Incoming freight costs for Raw Materials and Components · Actual direct labor costs including direct payroll and payroll taxes paid and commercially reasonable charge for fringe benefits for direct labor employees.
Lonza shall be responsible for procuring Raw Materials and Components identified in the Specifications other than the APL Lonza will destroy or ship unused API following instructions provided by Customer, consistent with Lonza's environmental, health and safety guidelines.
If Catalent re-performs any Services, and Client approves such re-performance in writing, Client shall be responsible for the cost of all Raw Materials and/or Components and Client shall supply Catalent with sufficient quantities of any Client-Supplied Raw Materials and Components in order for Catalent to re-perform such Services.
Catalent shall store Raw Materials and Components which are not Stock Items for [***] full calendar months from receipt date of each item, without charge.