Production Estimate Clause Samples

A Production Estimate clause defines the anticipated quantity or volume of goods or services that a party expects to produce or deliver within a specified period. This clause typically outlines the basis for the estimate, such as historical data or projected demand, and may set expectations for updates or revisions if actual production deviates significantly from the estimate. Its core function is to provide both parties with a reference point for planning, resource allocation, and managing expectations, thereby reducing the risk of misunderstandings or disputes related to supply quantities.
Production Estimate a. Sunrun estimates that the Solar System will be capable of generating 16,435 kilowatt-hours of electric energy during its first year of operation. Actual production may vary due to natural variation in weather patterns, the physical specifications of the Home’s roof(s), the required placement of the Solar System on your roof, and other conditions. Your Monthly Lease Payment is not tied to the actual output of the Solar System. b. Due to expected panel degradation, Sunrun estimates that the Solar System will be capable of generating 313,545 kilowatt-hours ("kWh") during the Initial Term (the “Estimated Output”).
View SourceView Similar (30)
Production Estimate. (a) The Supplier must provide a Production Estimate to Riverina Fresh by 1 June each year prior to each Season. (b) Riverina Fresh and the Supplier will review the Production Estimate every three (3) months. (c) The Supplier must inform Riverina Fresh in writing if the Supplier is aware of or anticipates a change in production or increase or decrease its herd size at least 3 months before the Supplier intends that the change affect the Production Estimate, or if 3 months before is not possible, as soon as is reasonably practicable.
View SourceView Similar (2)
Production Estimate. (a) The Supplier must provide a Production Estimate to Riverina Fresh by 1 June each year prior to each Season. (b) Riverina Fresh and the Supplier will review the Production Estimate every three (3) months. (c) The Supplier must inform Riverina Fresh in writing if the Supplier is aware of or anticipates a change in production or increase or decrease its herd size at least 3 months before the Supplier intends that the change affect the Production Estimate, or if 3 months before is not possible, as soon as is reasonably practicable.
View SourceView Similar (2)

Related to Production Estimate

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Estimate The Engineer shall independently develop and report quantities necessary to construct the contract in standard State bid format at the specified milestones and Final PS&E submittals. The Engineer shall prepare each construction cost estimates using Estimator or any approved method. The estimate shall be provided at each milestone submittal or in DCIS format at the 95% and Final PS&E submittals per State’s District requirement.