Vital Item definition

Vital Item means an Item that, at any time, Applied is not able to replace with a reasonably practicable commercial alternative within [* *] of Applied desiring to do so. Any Item identified as a Vital Item will be so designated on Attachment 1. Upon the designation of a Vital Item Applied and Supplier agree to [* *], which may be in the form set forth in [* *], covering a Vital Item.
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Vital Item means an Item that, at any time, Applied is not able to replace with a reasonably practicable commercial alternative within six (6) months or less of Applied desiring to do so. Any Item identified as a Vital Item will be so designated on Attachment 1. Upon Applied's request, Applied and Supplier agree to execute a mutually agreeable three party escrow agreement, substantially in the form set forth in Attachment 7 entitled "Technology Escrow Agreement" located on the Applied Web Site, covering a Vital Item.
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Vital Item or "Vital Items" means an Item that, at any time, Applied is not able to replace with a reasonably practicable commercial alternative within six (6) months or less of Applied desiring to do so. Any Item identified as a Vital Item will be so designated on Attachment 1 of the Supply Agreement.
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Examples of Vital Item in a sentence

  • Any Item identified as a Vital Item will be so designated on Attachment 1.

  • Upon Applied's request, Applied and Supplier agree to execute a mutually agreeable three party escrow agreement, substantially in the form set forth in Attachment 7 entitled "Technology Escrow Agreement" located on the Applied Web Site, covering a Vital Item.

  • Vital Item" means an Item that, at any time, Applied is not able to replace with a reasonably practicable commercial alternative within six (6) months or less of Applied desiring to do so.

  • Upon Applied's request, Applied and Supplier agree to execute a mutually agreeable three party escrow agreement, substantially in the form set forth in the Technology Escrow Agreement located on the Applied Web Site, covering a Vital Item.

  • In addition, within thirty (30) days after any Supplier completes any substantial modification to any Vital Item or to the methods of manufacturing any Vital Item, Supplier will deliver a complete set of updated Escrow Materials for such Vital Item (a "Subsequent Deposit") to the Escrow Agent.

  • Vital Item" means an Item that, at any time, Applied is not able to replace with a reasonably practicable commercial alternative within [**] of Applied desiring to do so.

Related to Vital Item

  • Commercial Item means a commercial item as defined in FAR 2.101.

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  • Durable medical equipment means equipment which:

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