Preproduction Meter Tooling Sample Clauses

Preproduction Meter Tooling. The total cost of tooling for the Preproduction Meters is estimated to be DM 440,000.00 (DM 485,000.00 with optional printer). The tooling has to be ordered 6-8 months prior to the build of Preproduction Meters. LRE will inform BIOSITE appropriately about delivery times, conditions and actual costs. The tooling will be ordered by LRE after the receipt of a written approval from BIOSITE to order the tooling. Payment of tooling cost by BIOSITE are due - one third with approval by BIOSITE to order the tooling. ----------------------------------------------------------------------- - one third after shipment of first Preproduction Meters, and ----------------------------------------------------------------------- - one third after final approval by BIOSITE of the tooling for use in the ----------------------------------------------------------------------- - [CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION] production of the FI- Meters by LRE.
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