Initial Purchase Orders Clause Samples
The 'Initial Purchase Orders' clause defines the requirements and procedures for the first set of orders placed under an agreement. Typically, it specifies the minimum quantity, timing, and process for submitting these initial orders, and may outline deadlines or conditions that must be met by the buyer. This clause ensures both parties have a clear understanding of their initial obligations, facilitating a smooth start to the business relationship and reducing the risk of misunderstandings regarding early order commitments.
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Initial Purchase Orders. The Parties acknowledge and agree that Globus shall be deemed to have submitted and Alphatec shall be deemed to have accepted (i) a Purchase Order for the Products set forth on Schedule 5.2(d) (the “First Purchase Order”), to be delivered 30 days after the Effective Date and (ii) a Purchase Order for the Products set forth on Schedule 5.2(d) (the “Second Purchase Order”), to be delivered 60 days after the Effective Date. Notwithstanding anything in this Agreement to the contrary, the Products to be delivered pursuant to the First Purchase Order shall be delivered 30 days after the Effective Date, and the Products to be delivered pursuant to the Second Purchase Order shall be delivered 60 days after the Effective Date.
Initial Purchase Orders. An initial binding purchase order is attached hereto as Exhibit A-1, which binding purchase order covers the period from the ** . In addition, Schwarz and OSI hereby agree that the outstanding p▇▇▇▇▇▇▇ order attached hereto as Exhibit A-2 (the "Prior Purchase Order") shall be subject to and governed in accordance with the terms of this Agreement as though such purchase order was made during the term of and expressly subject to this Agreement; provided, however, that (i) the price applicable to the Product to be supplied pursuant to such Prior Purchase Order shall be as set forth in that certain Purchase Order Agreement, dated October 21, 2004, between Schwarz and OSI, as amended (the "Purchase Order Ag▇▇▇▇▇▇▇"), (ii) the quantities of Product specified in the Prior Purchase Order shall not be counted as Product purchased pursuant to this Agreement for purposes of Schedule 5.1 hereto, (iii) OSI hereby acknowledges that the Product specified in the Prior Purchase Order has heretofore been supplied by Schwarz in full satisfaction of Schwarz's obligatio▇▇ ▇▇ ▇espect of the Prior Purch▇▇▇ ▇▇▇▇▇ and under the Purchase Order Agreement and this Agreement with respect to the Prior Purchase Order, and (iv) OSI shall pay the entire remaining unpaid balance owing to Schwarz in respect of the Prior Purchase Order, equ▇▇ ▇▇ ** , within ** after the Effective Date, by wire transfer of immediately available funds to an account specified by Schwarz.
Initial Purchase Orders. Within (***) business days of the Effective Date, DISTRIBUTOR shall issue to COMPANY a firm, binding purchase order for at least $(***) of Products, for shipment and/or transfer of ownership on or before (***). COMPANY acknowledges receipt of an additional purchase order (P.O. #29D3005780) for $(***) of Products and DISTRIBUTOR acknowledges receipt of a shipment from COMPANY with respect to such purchase order, which shipment is subject to confirmation and acceptance by DISTRIBUTOR.
Initial Purchase Orders. Esprit shall pay Indevus on the Effective Date by wire transfer of immediately available funds the Forecasted Supply Price for all quantities of Trospium Once-Daily Finished Product and Samples specified in the Initial Purchase Orders.
Initial Purchase Orders. Except with respect to samples of each Existing Product, the initial draft Purchase Orders for the Supplied Products (broken out by packaging configuration for each dosage strength of each Supplied Product and by NDC) for the month in which the Impax Commercialization Date occurs with respect to the applicable Supplied Product and each of the first [***] following the Impax Commercialization Date for each such Supplied Product are attached hereto as Schedule 8.6.1 Part A and the delivery schedule for the Supplied Products ordered pursuant to such Purchase Orders is attached hereto as Schedule 8.6.1 Part B; such drafts to be updated or confirmed as final by Impax within [***] following the Effective Date. The initial Purchase Orders for the Supplied Products consisting of samples (broken out by packaging configuration for each dosage strength of each Supplied Product and by NDC) for each month beginning with the month in which the Promotion Commencement Date will occur and with respect to each of the [***] following such month are attached hereto as Schedule 8.6.1 Part C and the delivery schedule for the Supplied Products ordered pursuant to such Purchase Orders is attached hereto as Schedule 8.6.1 Part D. For clarity, AstraZeneca shall have the right to fulfill any or all such Purchase Orders for the Supplied Products consisting of samples in whole or in part with Supplied Product bearing the AstraZeneca Corporate Names and NDC.
Initial Purchase Orders. The initial PRODUCTS’ Purchase Orders are shown in Exhibit “E” attached hereto. The payment for this Purchase Order shall be submitted to KIEL for TRADE PRODUCTS as follows: [*]% of the balance due within five (5) days from the date of executing this Agreement, and the [*]% balance due within five (5) days of delivery of the finished goods to TEAMM’s designated warehouse. For SAMPLE PRODUCTS: [*]% of the balance due within five (5) days of executing this agreement, and the [*]% balance due within five (5) days of delivery of the SAMPLE PRODUCTS to TEAMM’s warehouse. The initial Purchase Order shall ship in November, 2002. If KIEL does not ship the initial Purchase Order by December 20, 2002, solely due to KIEL’s fault, TEAMM shall have the option to extend the shipment time, or have returned the deposit submitted with this Agreement.