Examples of SIRONA fiscal year in a sentence
If SIRONA or Xxxxxxxxx is in serious default of a payment obligation (including, without limitation, failure to pay timely an obligation more than 3 times in any SIRONA fiscal year), or otherwise materially breaches the Agreement.
The training program will be fixed by SIRONA at the beginning of each SIRONA fiscal year (October 1).
In each SIRONA fiscal year (i.e., SIRONA fiscal year 2013 is from October 1, 2012 through September 30, 2013) during the Term, Xxxxxxxxx shall purchase from SIRONA both Xxxxxx Products and SIRONA Products with respect to the Territory (i.e. the U.S.) in a dollar amount no less than the amounts specified in the table below.
In each SIRONA fiscal year (i.e., SIRONA fiscal year 2013 is from October 1, 2012 through September 30, 2013) during the Term, Xxxxxxxxx shall purchase from SIRONA Contractual Products with respect to the Territory (i.e., the U.S.) in a dollar amount no less than the amounts specified in the table below.
Xxxxxxxxx shall cause all such specialists to receive at least [*****] working days of sales and product training with respect to Contractual Products during each SIRONA fiscal year during the Term.
In addition, notwithstanding that the Overall Growth Target is not achieved with respect to a given SIRONA fiscal year where the Contractual Products Growth Target is satisfied, a Master Achievement may still be deemed earned (and the Master Distribution Rules applicable as contemplated in this Section 1.3.7) if Xxxxxxxxx pays to SIRONA an amount equal to the Margin True-Up Payment.
Xxxxxxxxx shall cause all such specialists to receive [*****] of sales and product training with respect to Contractual Products during each SIRONA fiscal year during the Term.
To give effect to the first paragraph of this Section 1.3.5, SIRONA shall deliver to Xxxxxxxxx, on or before August 20 during the applicable SIRONA fiscal year written notice that the Overall Growth Target is not likely to be satisfied with respect to such year based on orders made to date (the “Margin Shortfall Notice”).
The Parties agree that notwithstanding that the Contractual Products Growth Target is not achieved with respect to a given SIRONA fiscal year where the Overall Growth Target is satisfied, a Master Achievement may still be deemed earned (and the Master Distribution Rules applicable as contemplated in this Section 1.3.7) if Xxxxxxxxx pays to SIRONA an amount equal to the CAD-CAM True-up Amount.
Finally, notwithstanding that neither the Contractual Products Growth Target nor the Overall Growth Target is achieved with respect to a given SIRONA fiscal year, a Master Achievement may still be deemed earned (and the Master Distribution Rules applicable as contemplated in this Section 1.3.7) if Xxxxxxxxx pays to SIRONA an aggregate amount equal to the CAD-CAM True-Up Amount plus the Margin True-Up Payment with respect to such year.