Common use of Additional Supply Clause in Contracts

Additional Supply. Beginning after completion of delivery of [***] Modems and for a period of one (1) year, thereafter, Buyer shall have the first option of available allocation to purchase the Modems. The first option of available allocation granted to Buyer under this Section 1.15 shall be on such terms and conditions and at such price as mutually agreed upon between the parties hereto or as then in effect pursuant to future Modem supply agreements entered into between Buyer and Seller but at no greater price than Seller would offer to any other similar buyer for the same Modem on similar volume and other terms.

Appears in 2 contracts

Sources: Supply Agreement (Omnisky Corp), Supply Agreement (Omnisky Corp)