Second Shipment definition
Examples of Second Shipment in a sentence
In the event of such a breach, URL/MUTUAL may, as its sole remedy and COLLAGENEX's exclusive liability in addition to the liquidated damages, terminate the Supply Term if COLLAGENEX does not cure such failure within [**] Business Days after COLLAGENEX's receipt of URL/MUTUAL's written notice of such failure; provided that such termination is effected prior to URL/MUTUAL's receipt of the delayed Initial Shipment or Second Shipment, as the case may be.
COLLAGENEX shall supply URL/MUTUAL with [**] Bottles of the Initial Quantity of CollaGenex Supplied Product (the "Second Shipment") on or before the later of (i) [**] and (ii) [**] Business Days after the Effective Date (the "Second Shipment Date").
Sponsor shall have the right to order additional Batches for delivery in calendar year 2015 by notifying Fujifilm not later than [**] for the Second Shipment and not later than [**] for the Third Shipment, and Fujifilm shall [**].
However, if Biolase commits to an Uncured Material Breach, P&G may alternatively elect to retain its exclusive license(s) without the obligation to pay First or Second Shipment Payment(s), Quarterly Payments, milestones, royalties, or any other monies whatsoever, however, if P&G retains its exclusive license(s), it will not be entitled to a refund of monies previously paid.
The provisions of Section 4.2(d)(ii) shall apply to any delays in the shipments of the Initial Shipment or the Second Shipment.
For the Initial Binding Order, Fujifilm shall provide Sponsor with Receiving Schedules for the corresponding Campaigns [**] of the Effective Date for the First Shipment, [**] for the Second Shipment and [**] for the Third Shipment.
Upon actual delivery of the Second Shipment to the Port of Los Angeles, Purchaser shall authorize GECC to draw the Second LC.