Modified and New Products Clause Samples
The "Modified and New Products" clause defines how changes to existing products or the introduction of new products are handled within the scope of an agreement. It typically outlines the procedures for notifying the other party about modifications, obtaining necessary approvals, and updating product specifications or pricing. For example, if a supplier updates a product's design or launches a new version, this clause would govern how those changes are communicated and incorporated into the contract. Its core function is to ensure both parties are aligned on product changes, reducing misunderstandings and maintaining contractual clarity as offerings evolve.
Modified and New Products. Distributor shall provide timely comprehensive information to its Customers with respect to newly available Products, discontinuance of Products and changes in existing Products, including, but not limited to, performance specification changes.
Modified and New Products. Abbott shall provide timely comprehensive information to its Dealers or End Users, as appropriate, with respect to newly available Products, discontinuance of Products and changes in existing Products, including, but not limited to, performance specification changes and required software upgrades in Analyzers (which may or may not be coupled to specific lots of Discs). Abbott shall use commercially reasonable efforts to ensure that each End User in the Territory makes any such performance specification changes and software upgrades in a timely manner. Abaxis shall inform Abbott in writing of newly available Products, the discontinuance of Products, or changes in existing Products at least [ * ] prior to the availability of such new Products or the effectiveness of such discontinuance or change, as the case may be. [ * ] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Modified and New Products. Heska agrees to provide timely comprehensive information to its Dealers or End Users, as appropriate, with respect to newly available Products, discontinuance of Products and changes in existing Products, including, but not limited to, performance specification changes and required software upgrades in Analyzers (which may or may not be coupled to specific lots of Cartridges). Heska agrees to use commercially reasonable efforts, which shall depend on the circumstance involved and whether the End User is utilizing Products, to ensure that each End User in the Territory makes any such performance specification changes and software upgrades in a timely manner.
Modified and New Products. Abaxis shall provide timely comprehensive information to its Dealers or End Users, as appropriate, with respect to newly available Products, discontinuance of Products and changes in existing Products, including, but not limited to, performance specification changes and required software upgrades in Analyzers (which may or may not be coupled to specific lots of Cartridges). Abaxis shall use commercially reasonable efforts to ensure that each End User in the Territory makes any such performance specification changes and software upgrades in a timely manner. Abbott shall inform Abaxis in writing of newly available Products, the discontinuance of Products, or changes in existing Products at least [ * ] prior to the availability of such new Products or the effectiveness of such discontinuance or change, as the case may be.
Modified and New Products. Prior to modifications of the Products or the addition of new products under the Agreement per a request by PGT, Cardinal and PGT shall review the applicable materials required, required processing, volumes and lead times for initial production start-up and lead times applicable after initial production start-up.
Modified and New Products. From time to time during the term of this Agreement, Elastic Networks may develop enhancements or changes to any Products, in which event Elastic Networks shall provide Nortel Networks written information on such Product enhancements as it does to its other commercial customers for the Products. In the event such enhancements or changes affect the form, fit, function, performance or price to the Products and/or process ("Changes"), Elastic Networks shall provide Nortel Networks written notification of such Changes within thirty (30) days of Elastic Networks' internal design Agreement No. NTI9801D Page 18 authorization allowing any such Change. Where, however, in Elastic Networks' sole opinion, an intrinsic design or manufacturing defect of the Product(s), including a failure of the Software to operate in the environment in which it is installed, without troubles, due to defects which result from failure of the Software to conform to the Specifications, causes an inoperative, hazardous or unsatisfactory condition of a nature as to require the introduction in the Products of a Class A or AC Change, as described in GR-209, Elastic Networks shall promptly notify Nortel Networks and initiate immediate action to correct the situation. The Changes which require that a notice be forwarded to Nortel Networks shall include, without limitation, any proposed Change to the Products in accordance with the classifications described in GR-209-CORE ("GR-209"). All Changes proposed outside the spectrum shall be classified as "O". The interpretation of GR-209 resides with Elastic Networks.