Purchaser Product definition
Examples of Purchaser Product in a sentence
Promptly following the date (the Acceptance Date") on which Enova and Purchaser mutually agree that successful completion of the development and testing of Purchaser Product has occurred as contemplated by Appendix 3, then Purchaser shall engage in commercial production, sale and support of Products ("Commercial Production").
Enova and Purchaser agree that neither party shall publicly display at trade shows or otherwise promote, market, or sell any prototype Purchaser Product without the other party's prior written approval.
Except as specifically stated otherwise in this Agreement, Purchaser shall be responsible for all regulatory matters relating to or involving any Purchaser Product, including all decisions and actions with respect thereto.
Producer shall not initiate any recall of a Purchaser Product except as provided in the Quality Agreement without the prior written agreement by Purchaser.
Prior to the Commercial Launch of a Purchaser Product, Seller shall have a lead-time of at least [***] from the date of receipt of a Purchase Order through the date of delivery of the Products listed on the Purchase Order.
Purchaser intends to incorporate, combine or integrate the Products into a Purchaser Product for sale or use by Purchaser’s customers (hereinafter “Purchaser’s Products”).
The Covered Products shall be of a high quality and manufactured in conformity with the Purchaser Product Specifications..
In addition, Commencing [***] after Commercial Launch of the applicable Purchaser Product, [***] of the volume of Products specified by Purchaser for the first calendar quarter of each forecast for the applicable Purchaser Product will be binding upon the Purchaser and Purchaser shall issue a Purchase Order for such binding amount.
From time to time, upon request from Bio-Tec, Purchaser shall submit samples of Covered Products which Purchaser intends to manufacture and sell, so that Bio-Tec can assure conformance with high quality requirements and Purchaser Product Specifications.
After the Effective Date, upon the issuance of a Patent owned or Controlled by Seller or any Affiliate of Seller that Covers a Purchaser Product or its Exploitation, the Parties shall amend Exhibit B to reflect such additional Seller Licensed Patents.