Market Approvals. TLC Hong Kong shall be responsible for obtaining all relevant Market Approvals at its cost in the China Territory for the TLC Products. TLC Hong Kong will, at its expense, maintain the Market Approvals in the China Territory, TLC shall have the right of reference to such Market Approvals for the purpose of seeking, obtaining and maintaining regulatory approvals for the TLC Product in and outside the China Territory or for Commercialization of the TLC Product outside the China Territory.
Supply Price. As the sole Market Approval holder of TLC Products in the China Territory, the supply of the TLC Products will be at the price . TLC shall provide to TLC Hong Kong promptly upon request by TLC Hong Kong.
Duties of TLC Hong Kong. TLC Hong Kong shall be responsible for the activities and associated costs of Commercialization of the TLC Products in the China Territory. TLC Hong Kong and its designees # shall handle, store, and distribute TLC Products in accordance with this Agreement, TLC Products specification provided by TLC, and Applicable Law.
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