Common use of Maximum Term Clause in Contracts

Maximum Term. Notwithstanding anything to the contrary herein or in Exhibit A, no Initial Term may extend beyond the second anniversary of the Distribution Date (as defined in the Separation Agreement), and no Renewal Term may extend beyond the third anniversary of the Distribution Date (as defined in the Separation Agreement).

Appears in 3 contracts

Sources: Manufacturing Agreements (Zimmer Biomet Holdings, Inc.), Manufacturing Agreements (ZimVie Inc.), Manufacturing Agreement (ZimVie Inc.)

Maximum Term. Notwithstanding anything to the contrary herein or in any Exhibit Ahereto, no Initial Term may extend beyond the second two-year anniversary of the Distribution Date (as defined in the Separation Agreement), and no Renewal Term may extend beyond the third anniversary of the Distribution Date (as defined in the Separation Agreement).

Appears in 2 contracts

Sources: Manufacturing Agreement (Zimmer Biomet Holdings, Inc.), Manufacturing Agreement (ZimVie Inc.)

Maximum Term. Notwithstanding anything to the contrary herein or in any Exhibit Ahereto, no Initial Term may extend beyond the second two year anniversary of the Distribution Date (as defined in the Separation Agreement), and no Renewal Term may extend beyond the third anniversary of the Distribution Date (as defined in the Separation Agreement).

Appears in 1 contract

Sources: Reverse Transition Manufacturing and Supply Agreement (ZimVie Inc.)