Common use of Basis of Design Clause in Contracts

Basis of Design. Within [***] after the Effective Date (or such other period as agreed by the Parties), Amneal shall provide to the JCC a draft set of plans and specifications for each Phase of the New Facility, which includes, among other things, preliminary estimates of the initial budget, timelines and design overview (with respect to each Phase, the “Proposed Basis of Design”). The Proposed Basis of Design shall be consistent with the following (“Design Standards”): (a) Construction Standards, (b) the Metsera Design Information, (c) the Detailed Description and (d) international engineering standards for similar projects. Metsera shall fully cooperate with Amneal in providing promptly any information (including Metsera Design Information) to Amneal that Amneal determines is necessary with respect to the Products in order to prepare the Proposed Basis of Design. The JCC has the right to approve the final Proposed Basis of Design. Following the approval by the JCC of the Proposed Basis of Design for a Phase, the version of the Proposed Basis of Design that is approved by the JCC shall be the “Basis of Design” for such Phase.