End-of-life Inventory Support. SUPPLIER will notify McDATA as parts reach end-of-life, through a supplier of SUPPLIER declaring the end-of-life of its parts. SUPPLIER will use reasonable commercial efforts to locate and qualify a reasonable alternative to replace the end-of-life parts and/or components. If mutually agreed, SUPPLIER will execute an end-of-life buy of such end-of-life parts or components on McDATA’s behalf. SUPPLIER will continue to manage the end-of-life McDATA inventory for a mutually agreed upon term. SUPPLIER shall use reasonable commercial efforts to mitigate McDATA’s liability for carrying costs by requesting that its suppliers hold such inventory. SUPPLIER shall provide to McDATA, on a monthly basis, a summary report of on-hand and projected end-of-life liabilities.
End-of-life Inventory Support. SSCI will notify McDATA as parts reach end-of-life, through a supplier of SSCI declaring the end-of-life of its parts. SSCI will use best commercial efforts to locate and qualify a reasonable alternative to replace the end-of-life parts and/or components. If mutually agreed, SSCI will execute an end-of-life buy of such end-of-life parts or components on McDATA's behalf. SSCI will continue to manage the end-of-life McDATA inventory for a mutually agreed upon term. SSCI shall use best commercial efforts to mitigate McDATA's liability for carrying costs by requesting that its suppliers hold such inventory. SSCI shall provide to McDATA, on a monthly basis, a summary report of on-hand and projected end-of-life liabilities. McDATA agrees to pay on a monthly basis a carrying charge equal to [***] of the value of on-hand inventories purchased as End-of-life components by SSCI on behalf of McDATA. SSCI must use best efforts to contractually require critical and sole source suppliers to provide [***]notice of end-of-life and ensure continuity of supply during this period, including a final end-of-life buy at the end of the notice period.
