Common use of Standard Products Clause in Contracts

Standard Products. Buyer will provide Supplier with non-binding six (6) month rolling forecasts, updated on a monthly basis .Such forecast shall represent a good faith expectation of Buyer's anticipated needs and will be used by Supplier for manufacturing planning purposes. The Purchase Order lead time is indicated in Exhibit C. Buyer may cancel, in whole or in part, purchase orders prior to the agreed delivery date subject to a minimum prior written notice to Supplier as mentioned in Exhibit C [*]. Buyer may reschedule, in whole or in part, a Purchase Order prior to the agreed delivery date subject to a minimum prior written notice to Supplier as mentioned in Exhibit C [*].

Appears in 2 contracts

Sources: Frame Purchase Agreement (Avanex Corp), Frame Purchase Agreement (Avanex Corp)