Common use of Assured Quantity Clause in Contracts

Assured Quantity. Seller acknowledges that a reliable and continuing source of Items and Custom Items is essential to Buyer. As a material inducement to Buyer's execution of this Agreement, Seller hereby covenants that it shall * * * to assure supply of Items to Buyer * * *.

Assured Quantity. Seller acknowledges that a reliable and continuing source of Items and Custom Items is essential to Buyer. As a material inducement to Buyer's execution of this Agreement, Seller hereby covenants that it shall * * * reserve capacity of its manufacturing facility to assure supply of Items to Buyer up to the quantity of * * ** of Buyer's average monthly requirements per the Buyer's Rolling Forecast.