Purchase Commitment Milestone

Example Definitions of "Purchase Commitment Milestone"
Purchase Commitment Milestone. Is defined in the Manufacturing License Agreement.
Purchase Commitment Milestone. Is achieved with respect to an Exclusive Customer if, after achieving the Lab Trial Milestone with respect to a BLC Product, the Exclusive Customer (a) issues a written report stating that such BLC Product has achieved FOA and (b) enters into a definitive written agreement with Tellabs to purchase such BLC Product.
All Definitions