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Components
Components contract clause examples

Customer Product Components” means, as the context dictates, any components of (bioconjugate) Product such as eCRM Intermediate or any of the Polysaccharide Intermediates that comprise the Conjugated Drug Substances found in VAX-24 or VAX-XP.

No price components satisfied. If, upon termination of the Executive Officer’s employment, none of the share price components has been satisfied, none of the PCSOs vest, regardless of what portion of the performance period has been served.

Appendix #: Description, Quantity and Price List of Components

Notwithstanding anything in the Supply Agreement to the contrary including, without limitation Appendix 8, the Storage Facility shall provide storage for up […​…] Component sets regardless of whether those Component sets are […​…] Components or […​…] Components or a combination of both.

The costs of repairs (including the replacement of parts and components which are obsolete or cannot be repaired in an economically feasible manner) and general maintenance of the Project, including the systems and equipment of the Project and components thereof.

Prior to serial production of the […​…] Components Seller shall become a qualified supplier of […​…] Components pursuant to Buyer’s qualification program plan (“QPP”) for such Component. The QPP includes, among other thing, static and edge fatigue testing of each Component. […​…].

If at any time during the Term, Buyer requires […​…] Components or […​…] Components in a country that at the time of the request Seller does not have manufacturing capabilities to support, Buyer may request in writing that Seller manufacture such Components (“Country Request”). Buyer’s Country Request shall specify the anticipated volume and the date required for production to commence. In the event that Seller determines that it cannot comply with Buyer’s Country Request Seller agrees that Seller or its applicable Seller Affiliates shall, provide a […​…] license to Seller’s know-how and work instructions for such […​…] Components or […​…] Components to Buyer that may be sublicensed to a third party to manufacture such Components for Buyer in that country; provided, however, that Buyer shall not sublicense to […​…] or their respective affiliates. Seller shall notify Buyer within […​…] of Buyer’s Country Request of its decision regarding such request; provided however, in the event that Seller determines to move forward with such request and subsequently decides otherwise the grant of the license shall come into effect.

Take-back of Electrical and Electronic Components, Including Batteries or Accumulators. Seller Covenants that, except as specifically listed on the face of this Order or in an applicable addendum, none of the goods supplied under this Order are electrical or electronic equipment or batteries or accumulators as defined by laws, codes or regulations of a jurisdiction to or through which Buyer informs Seller the goods are likely to be shipped or to or through which Seller otherwise has knowledge that shipment will likely occur, including but not limited to EU Directive 2002/96/EC (27 January 2003) (the “WEEE Directive”), as amended and EU Directive 2006/66/EC (26 September 2006) (the “Batteries Directive”) and/or any other legislation providing for the taking back of such electrical or electronic equipment or batteries or accumulators (collectively, “Take-Back Legislation”). For any goods specifically listed on the face of this Order or in such addendum as electrical or electronic equipment or batteries or accumulators that are covered by any Take-Back Legislation and purchased by Buyer hereunder, Seller agrees to: # assume responsibility for taking back such goods in the future upon the request of Buyer and treating or otherwise managing them in accordance with the requirements of the applicable Take-Back Legislation; # take back as of the date of this Order any used goods currently owned by Buyer of the same class of such goods purchased by Buyer hereunder up to the number of new units being purchased by Buyer or to arrange with a third party to do so in accordance with all applicable requirements; and # appropriately mark and/or label the goods as required by any applicable Take-Back Legislation. Seller will not charge Buyer any additional amounts, and no additional payments will be due from Buyer for Seller’s agreement to undertake these responsibilities.

Each applicable QPP for Components produced under this Agreement, and any revisions thereto, shall be mutually agreed upon by Buyer and Seller and submitted to GE Sourcing Quality as promptly as practicable in advance of Seller’s contemplated production of such Components

shall be obligated to sell to Buyer only 63 sets of […​…] Components and the parties agree that Seller may use such unused capacity for its other customers in accordance with this Agreement. Notwithstanding the foregoing, Buyer shall have no obligation to purchase in any calendar year the number of Components that equates to […​…] of Seller’s Planned Capacity for such Components to the extent that it exceeds Buyer’s Annual Purchase Commitment unless specifically ordered by Buyer hereunder.”

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