Common use of Production Instruments Clause in Contracts

Production Instruments. The parties shall discuss in good faith and determine in writing no later than January 1, 2001 which Production Instrument materials are Long-Lead Materials. Gen-Probe acknowledges that the design and specifications for the Instrument may not be finalized by January 31, 2001 and, accordingly, some of the ordered Long-Lead Materials may not be useable for Production Instruments. Gen-Probe agrees to bear the full commercial and economic risk that any such Long-Lead Materials ordered by KMC may not be useable. KMC shall place for bid with its vendors, no later than February 28, 2001, the order for all other materials (in addition to the Long-Lead Materials specified above) necessary to manufacture the Production Instruments pursuant to the currently outstanding PRD (the Long-Lead Materials and all such other materials are collectively referred to as the "B▇▇▇ of Materials").

Production Instruments. The parties shall discuss in good faith and determine in writing no later than January 1, 2001 which Production Instrument materials are Long-Lead Materials. Gen-Probe acknowledges that the design and specifications for the Instrument may not be finalized by January 31, 2001 and, accordingly, some of the ordered Long-Lead Materials may not be useable for Production Instruments. Gen-Gen- Probe agrees to bear the full commercial and economic risk that any such Long-Lead Materials ordered by KMC may not be useable. KMC shall place for bid with its vendors, no later than February 28, 2001, the order for all other materials (in addition to the Long-Lead Materials specified above) necessary to manufacture the Production Instruments pursuant to the currently outstanding PRD (the Long-Lead Materials and all such other materials are collectively referred to as the "B“▇▇▇▇ of Materials"”).