Common use of Discontinuance of Production Clause in Contracts

Discontinuance of Production. Should SELLER plan to discontinue the production of COMPONENTS, of which BUYER has procured from SELLER any substantial amount within the preceding 12 months, SELLER shall inform BUYER in writing at least 6 months prior to the date production of such COMPONENTS shall discontinue. BUYER may, in order to cover its remaining demand, place orders in accordance with Section 2.4 until 3 months before the discontinuance date specified in SELLER’s notice, which date shall be at least 6 months following the date of such notice to BUYER. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 5 contracts

Samples: Supply Agreement (ViewRay, Inc.), Supply Agreement (ViewRay, Inc.), Supply Agreement (Viewray Inc)

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