Supply Term definition
Examples of Supply Term in a sentence
Pfizer or its representatives may (at Pfizer’s sole cost and expense), subject to the confidentiality provisions in Section 9, audit such records of Protalix in accordance with the terms of the Quality Agreement at any time during the Supply Term and for the [***] period following the expiration or termination of (x) the Supply Term or (y) the last Purchase Order in effect, whichever occurs later, during normal business hours and upon reasonable advance written notice to Protalix.
The parties shall continue to maintain a Supply Chain Committee (the “Supply Chain Committee”) during the Supply Term.
This Agreement shall be effective as of the Second Amendment Effective Date and shall remain in effect until the later of (i) the end of the term of the last to expire of the Protalix Patent Rights and (ii) the expiration of the Supply Term, unless earlier terminated pursuant to Section 14 (the “Term”).
Protalix shall provide means for Pfizer to contact Protalix’s service representative twenty-four (24) hours a day, seven (7) days a week during the Supply Term.
During the Supply Term, the Supply Chain Committee shall meet monthly or as otherwise determined by the parties (each such meeting, a “Supply Chain Committee Meeting”).