BMSLC Requirement Clause Samples

BMSLC Requirement. BMSLC will use commercially reasonable efforts to maintain at least one (1) month's inventory of each Product in its distribution centers in the United States at all times beginning six months after the Effective Date through the date that is one month prior to the end of the Term. Such requirement will instead continue until the end of the Term if WC and BMSLC agree in writing prior to 7 12 such date that WC will purchase any remaining inventory on hand at the end of the Term. Said one-month inventory for each Product shall be calculated at any time, as one-twelfth of the amount of such Product manufactured by BMSLC during the prior calendar year.