BMS REQUIREMENT Clause Samples

BMS REQUIREMENT. Subject to Section 2.4.3, beginning January 1, 2000, and subject to Section 2.12 hereof, BMS will use commercially reasonable efforts to maintain at least three (3) months' inventory of each Product at all times beginning January 1, 2000 through the date that is three months prior to the end of the applicable Term for such Product (unless DURA and BMS have agreed in writing prior to such date that DURA will purchase any remaining stock of inventory on hand at the end of such applicable Term). Said three month inventory shall be based on one-half of the sum, as determined on the date that DURA places a firm order, of the quantity of a Product (i) previously firm ordered by DURA pursuant to Section 2.3.2 for delivery within the 3-month period immediately preceding the date of such firm order and (ii) previously firm ordered by DURA for delivery within the 3-month period immediately following the date of such firm order.