Other Potential Extension Sample Clauses

Other Potential Extension. (i) If Philips or its present or future Affiliates fails to meet the Marketing Requirement in the Endoluminal Buy Back Field, then Philips may, at its option (but is not required to) purchase an additional [***] of the Endoluminal Buy Back Period for [***] to SPE and [***]Han▇▇▇, ▇r a [***]extension for [***] to SPE and [***] to Han▇▇▇. ▇uch payment shall be credited against [***]. (ii) If Philips fails to meet the Marketing Requirement in the Orthopedics Buy Back Field, then Philips may, at its option (but is not required to) purchase an additional [***] extension of the Orthopedics Buy Back Period for [***] to SPE and [***] to Han▇▇▇, ▇r a [***] extension for [***] to SPE and [***] to Han▇▇▇. ▇uch payment shall be credited against [***]. (iii) If the [***] of the Development and Supply Agreement is not met by Lun▇ ▇▇der the Development and Supply Agreement by [***], then the [***] term of the Vascular Buy Back Period will be extended [***] up to a maximum of [***] until such time as Han▇▇▇ ▇▇cides, in good faith, that [***] has been met. Philips shall not be entitled to any additional extension of the Vascular Buy Back Period beyond the [***]extension, except when relying on Section 4.3.1 (i).