Common use of Current Products Clause in Contracts

Current Products. All materials or products covered under the contract shall be in current and ongoing production; shall have been formally announced for general marketing purposes; shall be a model or type currently functioning in a user (paying customer) environment and shall be capable of meeting or exceeding all specifications and requirements set forth herein.

Appears in 2 contracts

Sources: Contract, Contract

Current Products. All materials or and/or products covered under the contract shall be in current and ongoing production; shall have been formally announced for general marketing purposes; shall be a model or type currently functioning in a user (paying customer) environment and shall be capable of meeting or exceeding all specifications and requirements set forth herein.

Appears in 1 contract

Sources: Contract