Common use of Base Minimum Purchase Levels Clause in Contracts

Base Minimum Purchase Levels. Provided that PRONOVA is not in breach of its supply obligations under Section 5, this Agreement will be subject to RELIANT making at least the following purchases of API for Trade Product (the “Base Minimum Purchase Levels”) during the first twelve month period following the First Commercial Sale and every 12-month period thereafter (each a “Commercialization Year”): • 1st Commercialization Year: USD 6,000,000. • 2nd Commercialization Year: USD 19,000,000. • 3rd Commercialization Year and each subsequent year through 2013: USD 30,000,000. • 2014 and beyond: USD 12,000,000. The Minimum Purchase Level may be reached by RELIANT by purchasing API for Sample Product at the price for Trade Product, or by paying the difference between actual Trade Product bought during the respective Commercialization Year and the Minimum Purchase Level in that year.

Base Minimum Purchase Levels. Provided that PRONOVA is not in breach of its supply obligations under Section 5, this Agreement will be subject to RELIANT making at least the following purchases of API for Trade Product (the “Base Minimum Purchase Levels”) during the first twelve month period following the First Commercial Sale and every 12-month period thereafter (each a “Commercialization Year”): • 1st Commercialization Year: Year USD 6,000,000. 6,000,000 • 2nd Commercialization Year: Year USD 19,000,000. 19,000,000 • 3rd Commercialization Year and each subsequent year through 2013: 2013 USD 30,000,000. 30,000,000 • 2014 and beyond: beyond USD 12,000,000. 12,000,000 The Minimum Purchase Level may be reached by RELIANT by purchasing API for Sample Product at the price for Trade Product, or by paying the difference between actual Trade Product bought during the respective Commercialization Year and the Minimum Purchase Level in that year.