Common use of Minimum Purchase Commitments Clause in Contracts

Minimum Purchase Commitments. Following the date of the availability of the initial commercial production lot of Kits, Sherwood shall purchase from InnerDyne the minimum CONFIDENTIAL TREATMENT REQUESTED 7 quantity of Kits during each of the [* * * * * *] as set forth in Exhibit C attached hereto. [* *] prior to the expiration of the [* * * *] and [* * *] prior to the expiration of each subsequent [* * * *] (a "Subsequent Purchase Period") during the term of this Agreement, Sherwood and InnerDyne [* * * * * * *]. The parties hereby agree that [* * * * * * * * * *]. In the event that InnerDyne does not receive [* * * * * *], the minimum quantity of Kits to be purchased by Sherwood during such Subsequent Purchase Period shall be deemed to be [* * *].

Minimum Purchase Commitments. Following the date of the availability of the initial commercial production lot of Kits, Sherwood shall purchase from InnerDyne the minimum CONFIDENTIAL TREATMENT REQUESTED 7 quantity of Kits during each of the [* * * * * *] as set forth in Exhibit C attached hereto. [* *] prior to the expiration of the [* * * *] and [* * *] prior to the expiration of each subsequent [* * * *] (a "Subsequent Purchase Period") during the term of this Agreement, Sherwood and InnerDyne [* * * * * * *]. The parties hereby agree that [* * * * * * * * * *] shall have the option [***]. In the event that InnerDyne does not receive [* * * * * *], the minimum quantity of Kits to be purchased by Sherwood during such Subsequent Purchase Period shall be deemed to be [* * *].