Common use of Outstanding Purchase Orders Clause in Contracts

Outstanding Purchase Orders. Notwithstanding the foregoing, in the event (i) this Agreement is terminated for convenience by Seller, and (ii) provided Buyer is and remains current in its payment obligations, Seller shall honor all outstanding Purchase Orders as of the date of termination and Buyer shall have the right to make a last-time-buy of Product or Finished Devices.

Appears in 3 contracts

Sources: Master Manufacturing Agreement, Master Manufacturing Agreement (Dance Biopharm, Inc.), Master Manufacturing Agreement (Dance Biopharm, Inc.)