Rechon definition
Examples of Rechon in a sentence
At Dance’s request, Rechon will hold Finished Product beyond the delivery date specified in the Purchase Order at the Facility for a maximum duration of two (2) months.
In connection with such sublicense termination, Rechon shall cooperate with NovaDel’s reasonable requests to cause such a terminated Sublicensee to discontinue activities with respect to the Licensed Product in such countr(ies).
As consideration for NovaDel’s grant of the rights and licenses to Rechon hereunder, Rechon will pay to NovaDel an amount equal to *** times the number of Units shipped within the Territory by Rechon from its or its Affiliates manufacturing facilities.
This Agreement shall not be construed as creating a partnership between the Rechon and Dance, or as creating any other form of legal association or arrangement, which would impose liability upon one party for the act or failure to act of the other party.
If any Finished Product is recalled as a result of any breach of this Agreement by Dance, or the negligent or intentionally wrongful acts or omissions of Dance or its personnel, then Dance will bear (and reimburse Rechon for) the Recall Costs.
During the Term, Dance will only source Finished Product from Rechon for clinical development, product approval, and commercial launch.
Dance’s acceptance of, or payment for, any Finished Product will not constitute a waiver by Dance of any of its rights under this Agreement, and will not release Rechon from any of its warranty, indemnity or other obligations under this Agreement.
However the limitation in section 8.1 applies for section 9.1 as well and the maximum amount that Rechon shall pay will be limited to terms in Rechon insurance.
Rechon shall commit to perform all corrective actions to satisfy the regulatory agency in a prompt and efficient manner.
During the Term, other than the manufacture and supply of Finished Products for Dance under this Agreement, Rechon will not (and will ensure that its Affiliates will not) manufacture or supply (or license or assist any third party to manufacture or supply) any inhaled insulin product.