Donor Commitment definition
Examples of Donor Commitment in a sentence
If the Average Gross Production Yield for such quarter is below the Required Average Gross Production Yield, then the monthly Donor Commitment for the ensuing quarter shall be reduced by a percentage equal to the percentage by which the actual Average Gross Production Yield falls below the Required Average Gross Production Yield.
Notwithstanding anything to the contrary contained herein, (i) Osteotech shall not plan for and MTF will not be required to maintain inventory at MTF of Propriety Products to cover more than two (2) months of sales of Proprietary Products forecast in good faith by Osteotech and (ii) MTF will not be required to deliver more MTF Donors to Osteotech than the number of MTF Donors MTF is required to deliver pursuant to the Donor Commitment.
As an accommodation to, and in response to interest from, MTF's member organ procurement organizations, MTF has determined to recover certain Non-Standard Donors that it would not otherwise procure and make them available to Osteotech as part of the Donor Commitment.
In the event MTF decides to also retain Non-Standard Donors it shall not affect MTF's obligations to deliver Donors to Osteotech pursuant to the Donor Commitment herein.
Such calculations of Average Gross Production Yield shall be done and such adjustments to the monthly Donor Commitment shall be made for each quarter (after the first year following the Effective Date) during the Term of this Agreement.
At the end of such quarter the Average Gross Production Yield for such quarter shall be calculated and, if the Average Gross Production Yield is at least equal to the Required Average Gross Production Yield then the monthly Donor Commitment for the ensuing quarter shall be restored to the levels set forth for the year in which such quarter shall fall in the definition of "Donor Commitment" above.
No downward adjustment of the monthly Donor Commitment shall be made if the Average Gross Production Yield shall be below the Required Average Gross Production Yield during a quarter in which there shall have occurred a shortfall in the number or types of Donors delivered by MTF to Osteotech pursuant to the Donor Commitment.