Actual Purchase Volume in respect of each Year, the actual volume of
Products purchased by Mitsui pursuant to this
Agreement;
Actual Supply Volume in respect of each Year commencing after the New
Products Commencement Date, the actual volume
of New Products supplied by Finlays to Mitsui
pursuant to this Agreement;
Business Day a day, other than a Saturday or Sunday, or public
holiday in the United Kingdom, Japan or Kenya, as
the case may be;
Commencement Date 1 January 2016;
Confidential Information the contents of this Agreement and all information
in whatever form received or obtained by a Party
("Receiving Party") from, or on behalf of, another
Party ("Disclosing Party") as a result of or in
connection with the negotiation or performance of
this Agreement (including any reports, summaries
or analyses to the extent prepared from such
information) other than:
(a) any information which was rightfully in the
possession of the Receiving Party prior to
the disclosure by the Disclosing Party and
acquired on a non‐confidential basis from
sources other than the Disclosing Party;
and
(b) any information which is in the public
domain otherwise than as a result of any
unlawful act or omission or breach of this
Agreement by the relevant Receiving
Party;
Confirmation shall have the meaning ascribed to in clause 3.4;
Contract Manager shall have the meaning ascribed to it in clause 14.1;
Contract Period the period of four (4) Years from the
Commencement Date;
Defective Product shall have the meaning ascribed to it in clause 8.3;
Delivery delivery of the Products in accordance with clause
3.11;
Disclosing Party shall have the meaning ascribed to it in the
definition of Confidential Information;
Dispute any dispute or claim arising out of, or in connection
with, this Agreement or in respect of the legal
relationships established by this Agreement;
Existing Products Green Tea Extract IGT STD 363 and Green Tea
Extract IGT STD 105;
Finance Agreement the finance agreement dated on or around the date
of this Agreement entered into between the
Parties;
Finlays IPR shall have the meaning ascribed to it in clause 13.1;
Force Majeure Event shall have the meaning ascribed to it in clause 10.1;
Group in relation to a company, that company and any
parent undertaking of that company and all
subsidiary undertakings of that company and its
parent undertaking;
IPR trade marks, service marks, trade and business
names, domain names, design rights, copyright,
moral rights, rights in databases, patents, logos,
rights to sue for passing off, trade secrets, rights in
Confidential Information and other intellectual
property rights, in each case whether registered or
unregistered and including applications for the
grant of any of the foregoing and all rights or forms
of protection having equivalent or similar effect to
any of the foregoing which may subsist anywhere
in the world;
Loss any damages, loss, costs, claims or expenses of any
kind;
Minimum Purchase Volume in respect of each Year, the minimum volume of
Products that Mitsui shall be required to purchase
pursuant to this Agreement, as set out in clause 5;
Minimum Supply Volume in respect of each Year commencing after the New
Products Commencement Date, the minimum
volume of New Products that Finlays shall be
required to supply if and to the extent only that
Mitsui places Orders for such amounts pursuant to
this Agreement, as set out in clause 5;
Mitsui Ordered Supply Volume any volume of New Products Ordered by Mitsui in
any Year commencing after the New Products
Commencement Date that is less than or equal to
the Minimum Supply Volume;
Mombasa Port Mombasa Port, Kenya;
New Products Green Tea Extract IGT STD 201 and any agreed
variants of IGT STD 201 involving enzyme
treatment;
New Products Commencement Date the date of Final Acceptance (as such term is
defined in the Finance Agreement);
Order an order for Products submitted by Mitsui in
accordance with clause 3 (and Ordered shall be
construed accordingly);
Personnel any directors, employees, agents, contractors, subcontractors,
distributors or advisers of a person;
PPI the Producer Price Index which is published
quarterly in Kenya by the Kenya National Bureau
of Statistics on its web site
(http://www.knbs.or.ke/index.php?option=com_p
hocadownload&view=category&id=25&Itemid=66
0), or, if this ceases to be published, such other
index as most closely resembles that index;
Price (i) in respect of each Existing Product, as set out in
clauses 6.1 and 6.2;
(ii) in respect of the New Products, as set out in
clause 6.3,
in each case as is payable by Mitsui to Finlays in
accordance with clause 7;
Product IPR shall have the meaning ascribed to in clause 13.2;
Products the Existing Products and/or the New Products (as
the context may require) (and "Product" shall be
construed accordingly);
Purchase Shortfall where, in relation to any Year, the Actual Purchase
Volume is less than the Minimum Purchase
Volume;
Purchase Shortfall Amount where there is a