Estimates of Requirements. (a) (i) Upon execution and delivery of this Agreement, and upon each successive three-month anniversary of the execution and delivery of this Agreement, Arthrex shall deliver to Bovie a rolling three-month written commitment of Arthrex's requirements of Products for the immediately succeeding three-month period (each, a "Quarterly Commitment"). Arthrex shall deliver Quarterly Commitments to Bovie no later than 30 days prior to the applicable three-month anniversary date. Bovie shall, no later than 15 days after receipt of each Quarterly 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: Original Equipment Manufacturer Agreement (Bovie Medical Corp), Manufacturing Agreement (Bovie Medical Corp)