THC PRODUCTS definition
Examples of THC PRODUCTS in a sentence
The parties agree that INSYS shall indemnify, defend, and hold APL harmless from and against those third party claims, demands, liabilities, losses, penalties, or other causes of actions, as well as all cost, reasonable attorney’s fees and other related expenses, arising from the sale of THC PRODUCTS except to the extent the liability is the result of the failure of the API to meet the SPECIFICATIONS.
In the event INSYS sells or transfers the proprietary technology or patents relating to its formulation or development of THC PRODUCTS to another entity, INSYS shall notify APL prior to the closing of such transaction and ensure that the acquiring entity agrees to assume and to be bound by, and is qualified and licensed to perform, the obligations and responsibilities provided in this AGREEMENT.
APL and INSYS agree to comply with all applicable export laws and regulations and any laws or regulations governing the manufacture, sale, or shipping of API and THC PRODUCTS in the U.S. and abroad.
Provided that APL is not in default of this AGREEMENT, INSYS shall grant APL a right of first refusal, to be exercisable for a period of thirty (30) days after notice from INSYS, to bid upon any and all outsourced synthetic projects relating to THC PRODUCTS or API.