Common use of ONGOING PRODUCTION Clause in Contracts

ONGOING PRODUCTION. Seller shall give Buyer not less than twelve months’ notice and an opportunity for a “last buy” of the Goods being supplied under the Purchase Order at reasonable prices consistent with Seller’s prior pricing practices with respect to such Goods prior to Seller’s discontinuance of its ability to manufacture such Goods for any reason.

ONGOING PRODUCTION. Seller shall give Buyer not less than twelve months’ notice and an opportunity for a “last buy” of the Goods being supplied under the Purchase Order at reasonable prices consistent with Seller’s prior pricing practices with respect to such Goods prior to Seller’s discontinuance of its ability to manufacture such Goods for any reason. This term shall survive completion or other termination of the Purchase Order for any reason and shall be binding upon Seller’s successors or assigns.