Binding Allocation definition
Examples of Binding Allocation in a sentence
In the case of a delivery of Initial Europe Doses, the number of Doses in such delivery shall be allocated to the Participating Member States based on the Binding Allocation; provided, that AstraZeneca shall not be required to make any deliveries to any Participating Member States where the delivery size would be less than one batch ( ).
Such Order Forms have to be entered into by each of the Participating Member States within 10 working days following the delivery by the Commission of the Binding Allocation according to Section 8.3 (a).
The number of Initial Europe Doses allocated to each Participating Member State in the Binding Allocation shall be the number of Initial Europe Doses that the Participating Member State is required to purchase pursuant to this Order Form.
The number of Initial Europe Doses set forth in the Binding Allocation shall be the total number of Initial Europe Doses that each Participating Member State is required to purchase pursuant to this Agreement.
Within following the date of termination of this Order Form, the Participating Member State (pro rata to the Binding Allocation pursuant to Section 8.3(b) of the APA or if there is no Binding Allocation, then pro rata in accordance with the method for allocation set forth in Section 8.3(b) of the APA) shall reimburse AstraZeneca for all reasonably incurred unpaid expenses and any non- cancellable expenses relating to the activities under this Agreement for which Funding has not yet been provided.
Each party shall pay 50% of the fees and expenses of the accounting firm which makes the Binding Allocation.
Each party hereto agrees that it will report the transaction in accordance with the Binding Allocation, including under Section 1060 of the Code, and that it will not take a position inconsistent with the Binding Allocation except with the written consent of the other party hereto.
The Binding Allocation shall be used by the parties for all purposes including tax, reimbursement and other purposes.
Unless the Seller timely objects, such Proposed Allocation Schedule shall be binding on the parties without further adjustment, absent manifest error (the "Binding Allocation Schedule").