Common use of Annual Volume Commitment Clause in Contracts

Annual Volume Commitment. Upon obtaining applicable regulatory approvals and in accordance with applicable laws, Icosavax will use reasonable efforts to ensure that it or its manufacturing and/or commercial partner(s) will manufacture, package, label, store and ship the quantities of Covid Vaccine necessary to fulfill all purchase orders awarded and bound to Icosavax and/or its manufacturing and/or commercial partner(s) from Public Sector Purchasers to purchase Covid Vaccine for use in the Eligible Countries for the Charitable Purpose in the following quantity: a. an annual capacity available to Eligible Countries that is at least [***] of Icosavax’s Total Annual Doses (the “Annual Volume Commitment”).

Appears in 3 contracts

Sources: Global Access and Price Commitment Agreement, Global Access and Price Commitment Agreement (Icosavax, Inc.), Global Access and Price Commitment Agreement (Icosavax, Inc.)