Reserve Supply definition
Examples of Reserve Supply in a sentence
ALLERGAN shall rectify the incomplete delivery, making it up from the Reserve Supply if necessary, within fourteen (14) business days after the first date of notification.
During the Term, ALLERGAN shall maintain not less than *** rolling stock of inventory of Product for the Territory (work in process inventory shall be included in this calculation) and approximately *** supply of Materials throughout the supply chain ("RESERVE SUPPLY"), excepting where such Reserve Supply is used to fulfill Purchase Orders, in which case it shall be replaced within ***.
In the event of any Inability to Supply, (or any anticipated Inability to Supply) Sepracor shall notify GSK immediately and shall cooperate with GSK in taking at Sepracor’s cost (except where the Inability to Supply is due to an event of force majeure, in which case the parties will agree an equitable allocation of the costs) all actions that are reasonably necessary in order to remedy such Inability to Supply, including making up the shortfall from the Reserve Supply.
For the avoidance of doubt, the Reserve Supply shall be Product dedicated to GSK (but not necessarily labelled for GSK) and not used for any other customers of ALLERGAN or ALLERGAN itself.