Common use of Annual Minimum Purchase Obligations Clause in Contracts

Annual Minimum Purchase Obligations. Nipro shall purchase no less ----------------------------------- than the amount of Strips listed on Exhibit C for sale in the Territory in each calendar year (the "Annual Minimum Purchase Obligations"). TheraSense shall have the right, at its option, to terminate this Agreement for cause pursuant to Section 12.2 hereof, in the event that ***.

Annual Minimum Purchase Obligations. Nipro shall purchase no less ----------------------------------- than the amount of Strips listed on Exhibit C for sale in the Territory in each calendar year (the "Annual Minimum Purchase Obligations"). TheraSense shall have the right, at its option, to terminate this Agreement for cause pursuant to Section 12.2 hereof, in the event that (i) Nipro fails to meet the Annual Minimum Purchase Obligation of Strips in any year; or (ii) Nipro fails to *** at least *** of the Annual Minimum Purchase Obligation in any year beginning in ***.