Limited Quantities. Buyer understands that the quantity of GSP-1600s available for purchase by Buyer is limited to the quantities set forth on Attachment 1 to this Amendment and, with the exception of GSP-1600s retained for warranty and test purposes will no longer be available for purchase by Buyer or another customer. Provided Buyer has made all payments as required on Attachment 2 to this Amendment and is not in breach of the Agreement, nine (9) months after the last delivery of GSP-1600s to the FCA Point, QUALCOMM will offer Buyer first right to purchase any GSP-1600s held by QUALCOMM for warranty and/or testing, if available, at a unit price of [*] for units subject to the warranty described in the Agreement, as modified hereby, or at a price of [*] if sold as-is and without warranty. No warranty shall apply to units retained for test purposes. If Buyer wishes to purchase all or a portion of such offered GSP-1600s, Buyer shall provide QUALCOMM with a non-cancelable Purchase Order and fifteen percent (15%) down payment for such units within thirty (30) days of the date of notice. In the event Buyer does not purchase such units within the ninety (90) day period, during the ninety (90) day period thereafter, QUALCOMM may offer these units to its other customers at a price of $[*] for units subject to warranty described in the Agreement as modified, or [*] if sold as-is and without warranty. After such ninety (90) day period has expired, QUALCOMM will offer Buyer the right to purchase remaining units, if any, at a price to be determined at QUALCOMM's sole discretion. If Buyer wishes to purchase all or a portion of such offered GSP-1600s, Buyer shall provide QUALCOMM with a non-cancelable Purchase Order and fifteen percent (15%) down payment for such remaining units within thirty (30) days of notice. Thereafter, QUALCOMM may offer units to its other customers at the same price offered to Buyer, such orders to be filled on a first received basis. 5. Section 13, Payment Terms is hereby added as follows:
Appears in 1 contract
Sources: Qualcomm Globalstar Satellite Products Supply Agreement (Globalstar, Inc.)
Limited Quantities. Buyer understands that the quantity of GSP-1600s available for purchase by Buyer is limited to the quantities set forth on Attachment 1 to this Amendment and, with the exception of GSP-1600s retained for warranty and test purposes will no longer be available for purchase by Buyer or another customer. Provided Buyer has made all payments as required on Attachment 2 to this Amendment and is not in breach of the Agreement, nine (9) [*] months after the last delivery of GSP-1600s to the FCA Point, QUALCOMM will offer Buyer first right to purchase any GSP-1600s held by QUALCOMM for warranty and/or testing, if available, at a unit price of [*] for units subject to the warranty described in the Agreement, as modified hereby, or at a price of [*] if sold as-is and without warranty. No warranty shall apply to units retained for test purposes. If Buyer wishes to purchase all or a portion of such offered GSP-1600s, Buyer shall provide QUALCOMM with a non-cancelable Purchase Order and fifteen percent (15%) [*] down payment for such units within thirty (30) days of the date of notice. In the event Buyer does not purchase such units within the ninety (90) [*] day period, during the ninety (90) [*] day period thereafter, QUALCOMM may offer these units to its other customers at a price of $[*] for units subject to warranty described in the Agreement as modified, or [*] if sold as-is and without warranty. After such ninety (90) day period has expired, QUALCOMM will offer Buyer the right to purchase remaining units, if any, at a price to be determined at QUALCOMM's sole discretion[*]. If Buyer wishes to purchase all or a portion of such offered GSP-1600s, Buyer shall provide QUALCOMM with a non-cancelable Purchase Order and fifteen percent (15%) [*] down payment for such remaining units within thirty (30) [*] days of notice. Thereafter, QUALCOMM may offer units to its other customers at the same price offered to Buyer, such orders to be filled on a first received basis.
5. Section 13, Payment Terms is hereby added as follows:
Appears in 1 contract
Sources: Qualcomm Globalstar Satellite Products Supply Agreement (Globalstar, Inc.)