Common use of Review of Clause in Contracts

Review of. One year after the Effective Date, and each year thereafter, the Parties shall review and discuss revising the [*] provided in Section 6.2 through good faith negotiation. Any revised [*] shall apply for an entire calendar year. The Parties acknowledge that such negotiation may result in the same [*], lower [*] or higher [*].

Appears in 1 contract

Sources: Development Agreement (Corus Pharma Inc)

Review of. One year after the Effective Date, and each year thereafter, the Parties shall review and discuss revising the [*] payment rates provided in Section 6.2 6.3 through good faith negotiation. Any revised [*] shall apply for an entire calendar year. The Parties acknowledge that such negotiation may result in the same [*], lower [*] rates or higher [*].

Appears in 1 contract

Sources: Development Agreement (Corus Pharma Inc)