Adjustments to Production Capacity Sample Clauses

Adjustments to Production Capacity. (a) The parties will review Production Capacity on a periodic basis, and upon mutual agreement, make appropriate adjustments to Maximum Installed Capacity and/or Minimum Agreed Capacity as follows: (i) No more than once per quarter and upon written request from PixTech, the Production Steering Committee will consider whether the Maximum Installed Capacity should be adjusted. (ii) The parties intend that Minimum Agreed Capacity should be subject to reasonable and mutually agreed increases on a periodic basis as appropriate based upon increases in Maximum Installed Capacity under then prevailing and reasonably anticipated production capabilities of the equipment. (iii) Notwithstanding anything to the contrary, Unipac shall not be required to accept or offer any increase(s) in Minimum Agreed Capacity against its consent, which consent shall not be unreasonably withheld; and (iv) Notwithstanding anything to the contrary, PixTech shall not be required to accept or agree to any decreases in the Minimum Agreed Capacity against its consent, which consent shall not be unreasonably withheld. (b) Without limiting the foregoing, and unless otherwise agreed, within six months of the beginning of the Production Phase, the parties shall negotiate and agree upon a mutually agreeable minimum percentage ("Minimum Capacity Percentage") of the Maximum Installed Capacity. Thereafter, the parties intend that the Minimum Agreed Capacity will not be set at less than the Minimum Capacity Percentage of the Maximum Installed
Sample 1
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Related to Adjustments to Production Capacity

  • ADJUSTMENT OF CONTRACT PRICE The Contract Price shall be subject to adjustment, as hereinafter set forth, in the event of the following contingencies (it being understood by both parties that any reduction of the Contract Price is by way of liquidated damages and not by way of penalty):

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Project Scope This section should contain SOW summary information including: o Project definition and expected duration o Project goals, objectives, o Priorities & expectations o Project approach & responsibilities o Overall coordination and assumptions

  • Processing Adjustments In the event of any error or delay with respect to these Fund/SERV and Networking Procedures that is caused by the Fund or its designee, the Fund will make any adjustments on its (or its transfer agent’s) accounting system necessary to correct such error or delay. The Company will make the corresponding adjustments on its record-keeping system. The Company and the Fund will each provide the other with prompt notice of any errors or delays of the type referred to in these Fund/SERV and Networking Procedures.

  • Contract Price The Owner agrees to pay the Contractor for the full and faithful performance of the Work, including all applicable taxes, and the Contractor agrees to accept such payment as full and just compensation therefor. The Work is to be done on a time and material basis as it is set forth in the “Scope of Work” referenced in Section 2 above, and the total estimated cost for the Work is ___________________________________________ DOLLARS AND __/100 ($________.__) (the “Contract Price”) in current funds subject to additions and deductions for changes and/or charges as may be agreed upon in writing pursuant to this Agreement.

  • Delivery Points The measurement of and tests for quality of Shipper's Gas redelivered at the Delivery Points shall be governed by and determined in accordance with the requirements of the receiving pipeline at each Delivery Point.

  • Production Work Except as agreed to in writing by the Parties pursuant to the "Production Work" section of the Standard Online Commerce Terms & Conditions attached hereto as Exhibit F, MP will be responsible for all production work associated with the Affiliated MP Site, including all related costs and expenses.

  • Nondiscretionary Details and Minor Expenses The Custodian shall attend to all nondiscretionary details in connection with the sale or purchase or other administration of Investments, except as otherwise directed by Instruction, and may make payments to itself or others for minor expenses of administering Investments under this Agreement, provided that the Fund shall have the right to request an accounting with respect to such expenses.

  • Project Schedule Contractor shall perform the Work in accordance with the Project Schedule.

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