Common use of Supply Assurances Clause in Contracts

Supply Assurances. In furtherance of Section 17.03(a), after a ▇▇▇▇▇▇▇▇ Sale Closing, [***] shall be deemed to have been amended to include the supply assurances set forth in Section 17.04(a) through Section 17.04(f) (collectively, the “Supply Assurances”). These provisions will apply to any Affiliates of ▇▇▇▇▇▇▇▇, including any ultimate parent of an acquiring entity of ▇▇▇▇▇▇▇▇. For purposes of this Agreement, the parts manufactured under the [***] are referred to as the “GE Parts”. The Supply Assurances will commence upon the ▇▇▇▇▇▇▇▇ Sale Closing, and will apply only with respect to products shipped or activities occurring after the date of ▇▇▇▇▇▇▇▇ Sale Closing. The Supply Assurances with respect to [***] will survive for a period ending on the date that is [***] following the ▇▇▇▇▇▇▇▇ Sale Closing. The Supply Assurances with respect to the [***]will survive for a period ending on the earlier of (1) the date that is [***] following the ▇▇▇▇▇▇▇▇ Sale Closing and (2) if GE exercises the ▇▇▇▇▇▇▇▇ Sale Call Option, [***]. (a) [***] (b) [***]

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Woodward, Inc.), Master Agreement (Woodward, Inc.)