Material Procurement. EI is authorized to purchase Components pursuant to Orders for Products. VOLCANO shall submit Orders on a quarterly basis. EI will follow prudent procurement practices to ensure supply while minimizing total inventory exposure. VOLCANO may provide input to EI regarding prudent supply chain practices, and EI will in good faith take such input into account. “Prudent Procurement Practices” are hereby defined to include, but are not limited to, the following:
Appears in 2 contracts
Sources: Manufacturing Services Agreement (Volcano CORP), Manufacturing Services Agreement (Volcano CORP)