Common use of Whole Lots Clause in Contracts

Whole Lots. Due to variances in manufacturer yields of the Products (“Product Lots”), in filling any Order for SeaSpine, Integra has the right to deliver to SeaSpine a quantity of the Products that is larger or smaller than the Order. Within three (3) business days of notification by Integra of the quantity of the Products constituting a Product Lot, SeaSpine agrees to issue to Integra a revised purchase order matching the quantity of the Products in such Product Lot. Regardless of the size of an Order, all Products representing a single Product Lot shall be shipped together. SeaSpine will pay for the quantity of the Products actually delivered. The quantity of the Products actually delivered will not affect the firm Order for the Products if the difference in quantity is not more than ten percent (10%). In the event that shipping the Product of a single Product Lot results in a shipment in excess of ten percent (10%) of the Products in the Order, such excess shall be applied to the Order for the subsequent month.

Appears in 2 contracts

Samples: Mozaik Supply Agreement (SeaSpine Holdings Corp), Mozaik Supply Agreement (SeaSpine Holdings Corp)

AutoNDA by SimpleDocs

Whole Lots. Due to variances in manufacturer yields of the Products (“Product Lots”), in filling any Order for SeaSpineIntegra, Integra SeaSpine has the right to deliver to SeaSpine Integra a quantity of the Products that is larger or smaller than the Order. Within three (3) business days of notification by Integra SeaSpine of the quantity of the Products constituting a Product Lot, SeaSpine Integra agrees to issue to Integra SeaSpine a revised purchase order matching the quantity of the Products in such Product Lot. Regardless of the size of an Order, all Products representing a single Product Lot shall be shipped together. SeaSpine Integra will pay for the quantity of the Products actually delivered. The quantity of the Products actually delivered will not affect the firm Order for the Products if the difference in quantity is not more than ten percent (10%). In the event that shipping the Product of a single Product Lot results in a shipment in excess of ten percent (10%) of the Products in the Order, such excess shall be applied to the Order for the subsequent month.

Appears in 2 contracts

Samples: DBM and Os Supply Agreement (SeaSpine Holdings Corp), DBM and Os Supply Agreement (SeaSpine Holdings Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.