Common use of Remaining Inventory Clause in Contracts

Remaining Inventory. Paladin shall maintain a normal level of inventory of the Product prior to expiration or termination of this Agreement, and shall have a period of six (6) months from the date of termination of this Agreement during which it may sell its remaining inventory of Product, provided it sell such inventory in a manner substantially similar to the manner in which it was selling Product prior to the termination.

Appears in 2 contracts

Sources: Annual Report, Distribution Agreement (Vivus Inc)