ASA'S COMMITMENT Sample Clauses
ASA'S COMMITMENT. In order to assist ASA with meeting a six-month lead time delivery schedule, PRESSTEK has provided, and ASA hereby acknowledges receiving, $[CONFIDENTIAL TREATMENT REQUESTED]/*/ for purchase of in-process inventory for [CONFIDENTIAL TREATMENT REQUESTED]/*/ presses. In accordance with its acceptance of the $[CONFIDENTIAL TREATMENT REQUESTED]/*/, ASA will deliver Presses as specified by PRESSTEK to PRESSTEK following a six-month lead time. ASA will prepare by [CONFIDENTIAL TREATMENT -------------------------------- /*/[CONFIDENTIAL TREATMENT REQUESTED] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED. REQUESTED]/*/, 2001 a written proposal under which conditions would be possible a reduction to a four-month lead time. In case of termination of the Agreement or deliveries of the presses, the advance for purchase of in-process inventory shall be returned after being reduced by the expenses for already purchased inventory.
