Objective Criteria Clause Samples
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Objective Criteria. As part of the Parties’ negotiations of the Development Supply Agreement, Development Quality Assurance Agreement, Commercial Supply Agreement, or Commercial Quality Assurance Agreement, as applicable to such Candidate or Product, the Parties will jointly define a set of criteria that will be used to determine whether HMI or the applicable Designated CMO is able to Manufacture or supply such Candidate or Product (i) [***] or (ii) [***] (the “Objective Criteria”), which Objective Criteria will include the following listed criteria (as applicable, based on the phase of Development or Commercialization of such Candidate or Product):
(a) whether HMI or the Designated CMO has [***] to Manufacture such Candidate or Product so as to meet: (i) [***]; (ii) [***]; and (iii) [***];
(b) whether HMI or the Designated CMO has [***] to Manufacture such Candidate or Product so that they will be [***] in materials, ingredients, workmanship, appearance and finish;
(c) whether HMI or the Designated CMO has [***] to Manufacture such Candidate or Product in accordance with all applicable authorizations;
(d) whether the Manufacturing site (i) has (or is capable of obtaining [***]) all permits, licenses, equipment, approvals, and other authorizations that are required under Applicable Law relating to the performance of Manufacturing and the provision of such Candidate and Product; (ii) has received (or is capable of obtaining [***]) approval to Manufacture Candidates and Products by the applicable Regulatory Authorities; and (iii) has been subject to any warning letters or other regulatory actions; and
(e) whether HMI or the Designated CMOs have [***] to supply, and the quantities to be Manufactured and supplied are likely to be capable of meeting [***] requirements.
Objective Criteria. Local Content and Local-to-site beneficiation
Objective Criteria. The Grant Recipient shall evaluate the offers received against objective criteria, which enable the Grant Recipient to measure the quality of the offers and shall take into account the price (the offer with the lowest price shall be awarded the highest score for the price criterion). The criteria shall be set out beforehand and shall be relevant to the contract in question.
Objective Criteria. In order for the economic development incentives application to be considered the following must be addressed in written format by the applicant using “City of ▇▇▇▇▇▇ Application for Economic Development Incentives” attached to this policy as Exhibit B:
A. Number of new jobs in Keller that will be created by the project.
B. Average salary detailed by skilled, unskilled and management positions.
C. Total annual payroll created by the project.
D. The net tax base valuation (real and personal property) that will be added by the project.
E. Projected annual sales tax that will be directly generated by the project for a time period of 5 years and 10 years.
Objective Criteria. On or before 30 August 2024, Investor and PubCo shall use reasonable best efforts to agree in writing on objective criteria or circumstances under which it shall be deemed reasonable for Investor to withhold its consent to a Share Top Up or a combination of Cash Top Up and Share Top Up under, and for the purpose of, Clause 6.2(b) and Clause 6.2(c) of the ARRA.
Objective Criteria. (i) No tender will be awarded if the proposed solution does not meet the technical compliance criterion as set out below.
(ii) Should the bidder fail to submit a signed letter from the OEM, on the OEM’s letterhead, confirming that the bidder is authorised to sell, distribute and support the relevant equipment within the borders of South Africa, the PPECB will not consider such equipment for evaluation.
(iii) The PPECB reserve the right not to consider proposals from bidders who are currently in litigation with the PPECB.
(iv) The PPECB further reserve the right not to award this tender to any bidder based on the proven poor record of accomplishment of the bidder in previous projects within the PPECB and the referee submitted by the bidder.