Estimates of Requirements. (a) (i) Upon execution and delivery of this Agreement, and upon each ** ** anniversary of the execution and delivery of this Agreement, Arthrex shall deliver to Bovie a ** ** written commitment of Arthrex's requirements of Products for the immediately succeeding ** ** period (each, a "** ** Commitment"). Arthrex shall deliver ** ** Commitments to Bovie no later than 30 days prior to the applicable ** ** anniversary date. Bovie shall, no later than 15 days after receipt of each ** ** Commitment, notify Arthrex of any prospective problems, of which Bovie is aware, that might prevent Bovie from meeting Arthrex's order quantities or estimated Delivery Dates.
Appears in 2 contracts
Sources: Manufacturing Agreement (Bovie Medical Corp), Manufacturing Agreement (Bovie Medical Corp)
Estimates of Requirements. (a) (i) Upon execution and delivery of this Agreement, and upon each successive ** ** anniversary of the execution and delivery of this Agreement, Arthrex shall deliver to Bovie a rolling ** ** written commitment of Arthrex's requirements of Products for the immediately succeeding ** ** period (each, a "** ** Commitment"). Arthrex shall deliver ** ** Commitments to Bovie no later than 30 ** ** days prior to the applicable ** ** anniversary date. Bovie shall, no later than 15 ** ** days after receipt of each ** ** Commitment, notify Arthrex of any prospective problems, of which Bovie is aware, that might prevent Bovie from meeting Arthrex's order quantities or estimated Delivery Dates.
Appears in 1 contract
Sources: Original Equipment Manufacturer Agreement (Bovie Medical Corp)