Global Demand definition
Examples of Global Demand in a sentence
In the event that Manufactured Product, after having been investigated using the methods detailed herein, fails to comply with the Warranty in more than [**], Akebia’s obligations under Section 4.5 to purchase [**] of its Global Demand from STA shall be reduced to [**] and Akebia shall be entitled to take the necessary steps to secure its supply chain of Product as a result.
Notwithstanding the above, CUSTOMER is not required to submit Purchase Orders every year in the event that the [***]% of CUSTOMER Global Demand is below [***] in a calendar year.
During the Term of this Agreement, Akebia shall, upon regulatory approval to market the Product [**], and each year while this Agreement is in effect, unless otherwise agreed by the Parties, order from STA not less than [**] of its Global Demand for the Product.
CUSTOMER shall purchase from EQ in a calendar year [***]% of CUSTOMER’s Global Demand.
In the event that CUSTOMER’s Global Demand is lower than [***] in a calendar year, EQ shall not be required to Manufacture.
Any such percent Global Demand shall only consist of [**], a product containing the Product by the appropriate regulatory entities.