Common use of PURCHASES OF MONITORS Clause in Contracts

PURCHASES OF MONITORS. (A) For the first (1st) Contract Year, NK's minimum purchase requirement shall be [**]. (B) For the second (2nd) Contract Year, NK's minimum purchase requirement shall be [**]. (C) For the third (3rd) Contract Year, NK's minimum purchase requirement shall be [**]. For the purposes of this provision, a "purchase" of monitors within a specified time period shall mean paying Aspect for such monitors on or before the last day of such period.

Appears in 3 contracts

Sources: International Distribution Agreement (Aspect Medical Systems Inc), International Distribution Agreement (Aspect Medical Systems Inc), International Distribution Agreement (Aspect Medical Systems Inc)