Initial Stocking Order. Distributor shall place an initial stocking order for and purchase at least 250,00O Units during the first Contract Year. Distributor shall effect such purchase through the delivery of a Purchase Order (as defined below) immediately following the execution of this Agreement. The parties shall use Commercially reasonable efforts to complete delivery of 150,000 of such Units on or prior to June 30, 2003 and shipment of the remaining 100,000 units on or prior to September 30, 2003. Distributor shall pay for such Units in accordance with Section 6.1 hereof. Units purchased by Distributor under this Section 4.5 shall be applied towards Distributor's minimum purchase commitment for 2003 under Section 6.2.
Initial Stocking Order. On the Effective Date, Zimmer will submit to RTI a binding initial stocking order for Implants ******* and the quantity and mix of Implants to be determined by Zimmer. The Parties agree that the initial stocking order will be shipped and invoiced in partial shipments in accordance with the requirements of this Section 3.5. Unless approved by RTI ******* and shipment of the full initial stocking order will be completed within six (6) months of the Effective Date. With respect to the initial stocking order, Zimmer will not be required to receive and be invoiced for more than ******* of Implants in any calendar month and will not be required to take delivery and be invoiced for the full order over less than three (3) consecutive calendar months. Implants ordered in accordance with this Section 3.5 shall not be counted toward the Minimum Requirements of Section 3.9. Contemporaneously with the execution of this Agreement, the Parties will execute an agreement addressing additional detailed procedures with respect to the transition of the fulfillment of orders for Implants (the “Transition Services Agreement”) in substantially the form attached to this Agreement as Exhibit D.
Initial Stocking Order. DISTRIBUTOR shall pay in advance for its orders. Sunway shall supply the Distributor demonstration units of some products.
Initial Stocking Order. Distributor is required to purchase an initial stocking order and to take delivery of this order no later than 30 days after the Effective Date of this Agreement
Initial Stocking Order. The breakdown of indirect vs. direct at the bottom of this schedule. Initial Order Product Exp. Date Pricing Direct Pricing Indirect Extended Cost 1 gram Standard - STA0001 INT - Boxes [***] [***] $[***] $[***] $[***] 3 gram Standard - STA0003 INT - Boxes [***] [***] $[***] $[***] $[***] 1 gram Standard - 20cm - STA2001 INT - Boxes [***] [***] $[***] $[***] $[***] 3 gram Standard - 20cm - STA2003 INT - Boxes [***] [***] $[***] $[***] $[***] 1 gram Lap - 38cm - LAP3801 INT - Units [***] [***] $[***] $[***] $[***] 3 gram Lap - 38cm - LAP3803 INT - Units [***] [***] $[***] $[***] $[***] 1 gram OrthoClot - STA0001 INT - Units [***] [***] $[***] $[***] $[***] 3 gram OrthoClot - STA0003 INT - Units [***] [***] $[***] $[***] $[***] Order Total $[***] Sterile and Non-Sterile Sample Product Qty Unit of Measure Costs Sterile Samples - STA0003-S [***] Boxes $[***] Sterile Samples - STA2003-S [***] Boxes $[***] Sterile Samples - LAP3803-S [***] Boxes $[***] Non-Sterile Samples - STA0003 [***] Units $[***] Non-Sterile Samples - STA2003 [***] Units $[***] Non-Sterile Samples - LAP0003 [***] Units $[***] Direct vs. Indirect Calculations* Direct Indirect 1g Product [***]% [***]% 3g Product [***]% [***]% [***] – CONFIDENTIAL PORTIONS OF THIS AGREEMENT WHICH HAVE BEEN REDACTED ARE MARKED WITH BRACKETS (“[***]”). THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. SCHEDULE 3.7 Minimum Annual Purchase Requirements* Commencement Date Expiration Date Amount Effective Date December 31, 2010 $525,000 January 1, 2011 December 31, 2011 $1,225,000 January 1, 2012 December 31, 2012 $2,500,000 January 1, 2013 December 31, 2013 $3,500,000 Each Calendar Year commencing on January 1, 2014 $1,750,000 * Unit credit to be given toward the Minimum Annual Purchase Requirements for Product units shipped by SMI after closing pursuant to unfulfilled purchase orders described in Section 2.3.4(ii)(B). * The Parties agree that the minimum purchase amounts will be eliminated once CryoLife is able and obtains approval from the U.S. Food and Drug Administration to manufacture Products in the U.S. for commercial distribution, all as more particularly described in the License Agreement. The minimum purchase amount for the year in which the minimum purchase amount is eliminated will be the amount set forth in the chart above for such year multiplied by a fraction. The numerator for the fraction will be the number of full calendar months completed in t...
Initial Stocking Order. Initial Distributor stocking order is for a minimum of $10,000 or as mutually agreed by quote # qt . Distributor will issue this initial order at the time this agreement is signed.
Initial Stocking Order. Distributor is required to purchase an initial stocking order and to take delivery of this order no later than 30 days after the Effective Date of this Agreement. 510 Demonstration System Distributor shall, at all times, maintain a working demonstration system including scanner and laser printer.
Initial Stocking Order. An initial stocking order placed by Kobayashi on the Effective Date is attached hereto as Exhibit B and will be processed upon notification by Kobayashi no later than ninety (90) days from receipt of regulatory approval for Products by the Ministry of Health and Welfare in Japan. Such initial stocking order will be Kobayashi's minimum performance requirement for the first calendar year following regulatory approval of Products in Japan.
Initial Stocking Order. Upon the execution of this Agreement, Fujitsu shall provide Vodavi with an initial order in the amount of up to One Million Dollars 4 ($1,000,000.00) of Products (the "Initial Stocking Order"). Vodavi shall deliver the Initial Stocking Order within thirty (30) days after Vodavi receives the Initial Stocking Order. The Initial Stocking Order is intended to cover the first three (3) months of projected sales of Products pursuant to this Agreement. Notwithstanding the provisions of Paragraph 8 hereof, the Initial Stocking Order shall be firm on the date it is received by Vodavi; thereafter Fujitsu may not make any changes to such order.
Initial Stocking Order. An initial stocking order placed by Arthrex on the Effective Date is attached hereto as Exhibit E. Such initial stocking order will be Arthrex's minimum performance requirements for the period from the Effective Date until one (1) year from the Effective Date. The delivery date for such initial stocking order will be as mutually agreed upon by the parties. Payments for such initial stocking order will be as follows: [*] of the transfer price for such order will be due and payable by Arthrex to ArthroCare upon the date of shipment, and the balance will be due
