Common use of Replacement Procedure Clause in Contracts

Replacement Procedure. Supplier agrees that Distributor, in its sole discretion, may send Replacement Product and payments to surgeons to cover re-implantation (the "Re-Implantation Fees") and, upon written notice by Distributor describing the original product, the Replacement Product and the Re-Implantation Fees, Supplier agrees to credit the Distributor for [****]*.

Appears in 1 contract

Sources: Non Exclusive Distribution Agreement (Heritage Worldwide Inc)

Replacement Procedure. Supplier agrees that Distributor, in its sole discretion, may send Replacement Product and payments to surgeons to cover re-implantation (the "β€œRe-Implantation Fees"”) and, upon written notice by Distributor describing the original product, the Replacement Product and the Re-Implantation Fees, Supplier agrees to credit the Distributor for [One Hundred Percent (100%) of the cost of * * * Replacement Products and the Re-Implantation Fee of * * * Dollars (US$* * ****]*).

Appears in 1 contract

Sources: Non Exclusive Distribution Agreement (Medicor LTD)