Common use of Forecasts and Firm Orders Clause in Contracts

Forecasts and Firm Orders. i. Buyer’s forecasted requirements will be made available to Seller on a quarterly basis. Any forecasts or estimates of such requirements provided to Seller by Buyer shall be non-binding, and Seller acknowledges that it shall not be entitled to and shall not rely on such forecasts or estimates as binding commitments unless they are expressly stated as such by Buyer in writing. ii. Buyer will place orders with Seller by sending the order consist file (each, a “Firm Order”) specifying the Product, quantity, requested and/or restricted shipping dates, and delivery location.

Appears in 1 contract

Sources: Purchase Agreement (Active Power Inc)

Forecasts and Firm Orders. i. (i) Buyer’s 's forecasted requirements will be made available to Seller on a quarterly basis. Any forecasts or estimates of such requirements provided to Seller by Buyer shall be non-binding, and Seller acknowledges that it shall not be entitled to and shall not rely on such forecasts or estimates as binding commitments unless they are expressly stated as such by Buyer in writing. (ii. ) Buyer will place orders with Seller by sending the order consist file (each, a "Firm Order") specifying the Product, quantity, requested and/or restricted shipping dates, and delivery location.

Appears in 1 contract

Sources: Purchase Agreement (Active Power Inc)