Master Formula Clause Samples

The Master Formula clause establishes a standardized method for calculating payments, adjustments, or other financial metrics within a contract. Typically, it sets out a specific formula or set of variables that will be used to determine amounts owed, such as interest, royalties, or price adjustments, ensuring all parties use the same calculation method throughout the agreement. By providing a clear and consistent calculation framework, this clause helps prevent disputes over payment amounts and ensures transparency in financial dealings.
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Master Formula. The Master formula should be available upon request. This document should contain the following information : (a) Product name and product code/number. (b) Intended packaging materials, and storage conditions (c) List of raw materials used (d) List of equipment used. (e) In-process controls with their limits in processing and packaging, where applicable.
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Master Formula. The composition of Products to be said in the EU / U.S. will be as stated in the applicable Product DMF / ANDA / NDA and European Regulatory Dossier, as applicable.
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Master Formula. The composition of the Product will be as stated in the applicable approved Product NDA or the applicable regulatory approval for such Product.
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Master Formula. The composition of Products to be sold in the U.S. will be as stated in the applicable Product DMF and NDA or ANDA.
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Master Formula. The composition of Products will be as stated in the applicable approved Product ANDA.
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Related to Master Formula

  • Particular Methods of Procurement of Goods and Works International Competitive Bidding. Goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

  • RE-WEIGHING PRODUCT Deliveries are subject to re- weighing at the point of destination by the Authorized User. If shrinkage occurs which exceeds that normally allowable in the trade, the Authorized User shall have the option to require delivery of the difference in quantity or to reduce the payment accordingly. Such option shall be exercised in writing by the Authorized User.

  • Additional Products Upon satisfying the minimum order requirements above, Enrolled Affiliate may order Additional Products.

  • Additional Products and Services Subject to the allocation of funds, the CPO may add similar equipment, supplies, services, or locations, within the scope of this Agreement, to the list of equipment, supplies, services, or locations to be performed or provided by giving written notification to Contractor. For purposes of this Section, the “Effective Date” means the date specified in the notification from the CPO. As of the Effective Date, each item added is subject to this Agreement, as if it had originally been a part, but the charge for each item starts to accrue only on the Effective Date. In the event the additional equipment, supplies, services, or locations are not identical to the items(s) already under this Agreement, the charges therefor will then be Contractor’s normal and customary charges or rates for the equipment, supplies, services, or locations classified in the Fees and Costs (Exhibit “F”).

  • Particular Methods of Procurement of Goods Works and Services (other than Consultants’ Services)