Binding Portion definition

Binding Portion has the meaning set forth in Section 2.2.
Binding Portion shall have the meaning set out in Section 11.3.5.
Binding Portion is defined in Section 3.1(a) (Binding Portion).

Examples of Binding Portion in a sentence

  • CLIENT may order Slots in excess of those specified in the Binding Portion, in increments of [***] Slot, for delivery hereunder in accordance with the applicable Purchase Order subject to LONZA’s total capacity constraints and acceptance of such additional quantities.

  • LONZA will accept or reject orders for Slots in excess of the number specified in the then current Binding Portion within [***] of receipt of the corresponding Purchase Order, provided that LONZA will use Reasonable Commercial Efforts to accept and fulfill such orders.

  • The portion of each Forecast beyond the Binding Portion (i.e. the portions covering the [***]) (the “Non-binding Portion”) shall be provided in good faith based on CLIENT’s then- available information, but shall be nonbinding and is provided solely for planning purposes.

  • If LONZA accepts any such order (or any portion thereof), the number of accepted excess Slots will be added to the Binding Portion.

  • For clarity, in no event, may the Binding Portion or Response result in a requirement below the then-applicable Minimum Binding Order.

  • Without limiting LONZA’s obligation to fulfill Purchase Orders in accordance with the Binding Portion, LONZA shall determine and include in the Response the estimated schedule for production and release of Product (the “Production Schedule”) [***].


More Definitions of Binding Portion

Binding Portion has the meaning set forth in Sections 2(b)(i), 2(b)(ii) and 2(c)(i).
Binding Portion has the meaning set forth in Section 7.2. 1.10 “Biologics License Application” or “BLA” means a biologics license application for a Product, any equivalent successor filing thereto filed with the FDA, and any supplements or amendments to any of the foregoing.
Binding Portion has the meaning set forth in Section 4.1.

Related to Binding Portion