R&D Support definition
Examples of R&D Support in a sentence
Hitachi expressly disclaims all representations and warranties, express or implied, in connection with the R&D Support provided pursuant to this R&D Agreement, including the warranties of non-infringement and title and the implied warranties of merchantability and fitness for a particular purpose.
Amneal shall provide written research reports to Metsera describing with sufficient detail experimental procedures, analyses, data and results conducted and obtained in the performance of the R&D Support (“Results”), in accordance with the procedures and timelines in the Development Plan.
Amneal shall perform the R&D Support set forth in the Development Plan in compliance with (a) any specifications set forth in the Development Plan, (b) the terms and conditions of this Agreement and the Development Plan, and (c) all Applicable Laws.
In consideration of the R&D Support, Metsera shall pay to Amneal the R&D Support Fee in accordance with Article 9, provided that the R&D Support Fee does not exceed the applicable Development Budget by [***].
To the extent such R&D Project is directly related to the Business, Hitachi will provide R&D Support, as requested, to OpNext and the parties will execute an applicable Statement of Work for such R&D Project.
Hitachi will use Commercially Reasonable Efforts to provide R&D Support.
Amneal shall use [***] to complete the R&D Support and its obligations and activities under the Development Plan in accordance with the schedule and timelines set forth therein.
Amneal shall maintain current and accurate records of all R&D Support activities conducted by it under a Development Plan and all data and other information resulting from such work.
Any amounts reimbursable to Amneal pursuant to this Agreement other than the Supply Price for Products delivered (including with respect to R&D Support Fee and earn-out payments) may be invoiced and paid separately from any invoice for the Supply Price for Products delivered.
OpNext Japan shall be charged for R&D Support on the same basis that Hitachi’s Wholly-Owned Subsidiaries are allocated research and development charges for their activities, provided that in no event shall such terms be less advantageous from OpNext Japan’s perspective, than those terms which could be reasonably expected to be obtained in an arms-length transaction.