Common use of Core Components Clause in Contracts

Core Components. Newco acknowledges that the quality of components utilized in the manufacture and assembly of the Product is of critical importance to Intact, and that certain components may not be able to be manufactured or supplied by Newco or an Authorized Manufacturer at the time of commencement of manufacturing operations under this Agreement (the “Core Components”). A list of such Core Components is attached to this Agreement as Exhibit E. Newco agrees that it will use its commercially reasonable efforts to purchase, and ensure that its Authorized Manufacturer purchase, the Core Components from third party suppliers identified by Intact in writing, until such time as Newco evidences that such Core Components meeting the applicable Acceptance Criteria can be manufactured by Newco or an Authorized Manufacturer in the Territory.

Appears in 2 contracts

Sources: Joint Venture Agreement (Huiheng Medical, Inc.), Joint Venture Agreement (Huiheng Medical, Inc.)