Common use of Initial Orders Clause in Contracts

Initial Orders. DEBIOTECH shall notify IMED within two (2) weeks and six (6) months in advance of the time at which it is capable of providing IMED with production quantities of any Product (provided that, in the event that such Product is a Pump, DEBIOTECH must then also be capable of providing IMED with Cassettes for such Pump). IMED shall have two (2) weeks from the receipt of such notification (the "Initial Firm Order Period") to deliver to DEBIOTECH a Firm Order (the "Initial Firm Order") for such Product. In the event that IMED fails to deliver the Initial Firm Order to DEBIOTECH within the Initial Firm Order Period without any valid reason, Product Availability for such Product shall deem to have occurred six (6) months following the expiration of the Initial Firm Order Period. IMED hereby places with DEBIOTECH a firm and irrevocable order for a first delivery of [CONFIDENTIAL TREATMENT REQUESTED] Cassettes, at a unit cost price according to Article 8.1(a)(i) and according to the conditions stipulated in Article 8 hereof. These Cassettes will be delivered over [CONFIDENTIAL TREATMENT REQUESTED] running from the first day of the first Country Year for the USA, according to individual Firm Order confirmations for delivery according to the schedule mentioned in Article 10.1 hereabove.