Initial Deployment. Subject to the adjustments provided in Section 1.2, Qwest will purchase from Corvis and deploy Corvis Equipment, Software and Services in quantities and in configurations priced at U.S.$150,000,000 (the "Minimum Deployment Commitment"), U.S. $50,000,000 of which (the "Initial ----------------------------- ------- Deployment Commitment") must be purchased within twelve (12) months after the --------------------- Commencement Date (as defined below). in each case based on the prices and license fees set forth in the Price List. For purposes of the preceding sentence, Qwest will be deemed to have purchased a Product if Qwest has ordered the Product for delivery no later than ninety (90) days after the applicable Deployment Commitment period. Qwest will be offered most favored customer pricing in accordance with the terms and conditions of Attachment 3. The term "Commencement Date" means the date that the Products meet the Technical ----------------- Requirements described in Attachment 1.1, which shall occur no later than the dates set forth therein and grace periods, if any.
Appears in 2 contracts
Sources: Procurement Agreement (Corvis Corp), Procurement Agreement (Corvis Corp)
Initial Deployment. Subject to the adjustments provided in Section 1.2, Qwest will purchase from Corvis and deploy Corvis Equipment, Software and Services in quantities and in configurations priced at U.S.$150,000,000 (the "Minimum Deployment Commitment"), U.S. $50,000,000 of which (the "Initial ----------------------------- ------------------------------ ------- Deployment Commitment") must be purchased within twelve (12) months after the --------------------- Commencement Date (as defined below). in each case based on the prices and license fees set forth in the Price List. For purposes of the preceding sentence, Qwest will be deemed to have purchased a Product if Qwest has ordered the Product for delivery no later than ninety (90) days [*] after the applicable Deployment Commitment period. Qwest will be offered most favored customer pricing in accordance with the terms and conditions of Attachment 3. [*] The term "Commencement Date" means the date that the ----------------- Products meet the Technical ----------------- Requirements described in Attachment 1.1, which shall occur no later than the dates set forth therein and grace periods, if any.
Appears in 1 contract
Sources: Procurement Agreement (Corvis Corp)