Common use of Purchase Obligations Clause in Contracts

Purchase Obligations. The following language shall be added at the end of the first paragraph of Section 4: "Notwithstanding any other terms of the Agreement or the Amendments thereto to the contrary, ChromaDex shall purchase […***…] of Product for the period commencing January 1, 2023 through December 31, 2023 (the "Minimum Purchase Obligation"). GRACE shall make commercially reasonable efforts to have the capacity to manufacture (or have manufactured) and supply ChromaDex with […***…] of Product during the period January 1, 2023 through December 31, 2023. For avoidance of doubt, ChromaDex's obligations with respect to its rolling and binding forecasts are not altered by any Minimum Purchase Obligations."

Appears in 1 contract

Sources: Manufacturing and Supply Agreement (ChromaDex Corp.)

Purchase Obligations. The following language shall be added at the end of the first paragraph of Section 44 of the Amended Supply Agreement: "Notwithstanding any other terms of the Agreement or the Amendments thereto to the contrary, ChromaDex shall purchase [...***...] of Product for the period commencing January 1, 2023 through 2024 and ending on December 31, 2023 2024 (the "Minimum Purchase Obligation"). GRACE ▇▇▇▇▇ shall make commercially reasonable efforts to have the capacity to manufacture (or have manufactured) and supply ChromaDex with [...***...] of Product during the period January 1, 2023 2024 through December 31, 20232024. For avoidance of doubt, ChromaDex's obligations with respect to its rolling and binding forecasts are not altered by any the Minimum Purchase Obligations."

Appears in 1 contract

Sources: Manufacturing and Supply Agreement (ChromaDex Corp.)

Purchase Obligations. The following language shall be is added at the end of the first paragraph of Section 44 of the Amended Supply Agreement: "Notwithstanding any other terms of the Agreement or the Amendments thereto to the contrary, during the period commencing on January 1, 2025 and ending on March 31, 2025 ChromaDex shall purchase […***…] of Product for the period commencing January 1, 2023 through December 31, 2023 (the "Minimum Purchase Obligation")) from GRACE. GRACE ▇▇▇▇▇ shall make commercially reasonable efforts to have the capacity to manufacture (or have manufactured) and supply ChromaDex with [...***...] of Product during the period January 1, 2023 2025 through December March 31, 20232025. For avoidance of doubt, ChromaDex's obligations with respect to its rolling and binding forecasts are not altered by any the Minimum Purchase Obligations."

Appears in 1 contract

Sources: Manufacturing and Supply Agreement (ChromaDex Corp.)

Purchase Obligations. The following language shall be added at the end of the first paragraph of Section 4: "Notwithstanding any other terms of the Agreement or the Amendments thereto to the contrary, ChromaDex shall purchase […***…] of Product from GRACE for the period commencing January 1, 2023 2021 through December 31, 2023 2021, collectively (the "Minimum Purchase Obligation"). GRACE shall make commercially reasonable efforts to have the capacity to manufacture (or have manufactured) and supply ChromaDex with […***…] of Product during the period January 1, 2023 through 2021 – December 31, 20232021. For avoidance of doubt, ChromaDex's ’s obligations with respect to its rolling and binding forecasts are not altered by any Minimum Purchase Obligations."

Appears in 1 contract

Sources: Manufacturing and Supply Agreement (ChromaDex Corp.)