Examples of Quarterly Product in a sentence
If Agilent rejects a Rolling Forecast or any portion of such Rolling Forecast exceeds the Quarterly Product Batch Maximum or any other limitation on such Rolling Forecast, Agilent and Customer shall discuss in good faith how Agilent can meet Customer’s needs and Agilent will use commercially reasonable efforts to do so.
The quantity of the first [***] calendar quarters [***] of each Rolling Product Forecast shall be binding on both Parties (“Binding First Quarterly Product Forecast” or each of said quarters constituting a “Binding Product Quarter”) such that AMICUS shall be bound to purchase said quantity from WUXI BIOLOGICS, and WUXI BIOLOGICS shall be bound to supply and sell said quantity to AMICUS.
By: /s/ Darlene Deptula-Hicks Darlene Deptula-HicksSVP and Chief Financial OfficerExhibit 99.1 T2 Biosystems Reports Third Quarter 2017 Financial Results and Provides Company Update Submitted 510(k) Application to the FDA Requesting Market Clearance for T2Bacteria Panel Year over Year Quarterly Product Revenue Growth of 27.4% LEXINGTON, Mass., November 2, 2017 (GLOBE NEWSWIRE) — T2 Biosystems, Inc.
The quantity of the last [***] calendar quarters [***] of each Rolling Product Forecast shall not be binding on either Party (“Non-Binding Quarterly Product Forecast” or each of said quarters constituting a “Non-Binding Product Quarter”) but shall be made in good faith by AMICUS and shall be used in good faith by WUXI BIOLOGICS to achieve Capacity.
Such obligation to prepare Quarterly Product Revenue Statements shall expire once the Quarterly Product Revenue Statement has been prepared that follows (i) the fiscal quarter of the Buyer during which the Outperformance Revenue Target has been reached or (ii) the end of the Outperformance Revenue Period.
Unless (i) any Objection has been served on the Buyer within the time frame stipulated above and (ii) the Objection contains all such information as specified in the immediate preceding sentence, the respective Quarterly Product Revenue Statements will be final and binding on the Parties.
Except as otherwise set forth below, PPG will purchase and maintain a commercially reasonable inventory of raw materials and Third-Party OLED Materials in order to accommodate each Quarterly Product Forecast (as defined in Section 7.1).
These quarterly reports must be submitted to Artisan no less frequently than seven (7) days after the end of every calendar quarter indicating the current status of all designs that contain or are based upon any portion of the Products or output from the Products (e.g., memory instances) using the Quarterly Product Usage sheet found at xxxx://xxx.xxxxxxx.xxx/usage-report.html (a substantially similar example is attached hereto as Exhibit A).
In order to reasonably ensure the manufacture and supply of Commercial OLED Chemicals described in each Quarterly Product Forecast, PPG will purchase and maintain at its facility a commercially reasonable inventory of raw materials.
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