Available Capacity Commitment Notice Sample Clauses
The Available Capacity Commitment Notice clause defines the process by which one party formally notifies the other of the amount of capacity it is able and willing to commit under an agreement. Typically, this involves specifying the quantity of resources, such as energy, bandwidth, or production output, that will be made available during a certain period, and may include deadlines or procedures for submitting such notices. This clause ensures both parties have clear, advance knowledge of the committed capacity, reducing uncertainty and enabling better planning and resource allocation.
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Available Capacity Commitment Notice. If ▇▇▇▇▇▇▇▇▇ notifies Customer in writing that ▇▇▇▇▇▇▇▇▇ has another customer who has committed to utilizing any Available Capacity that Customer is using at such time (an “Available Capacity Commitment Notice”), then Customer agrees to ship all of Customer’s Product utilizing such Available Capacity within 30 days of receipt of such Available Capacity Commitment Notice so that ▇▇▇▇▇▇▇▇▇ may commit such Available Capacity to such other customer. If Customer does not ship all such Product utilizing such Available Capacity within 30 days of receipt of the Available Capacity Commitment Notice, then Customer shall be in breach of its obligations hereunder, and the price payable by Customer for utilizing such Available Capacity shall equal that amount set forth in the contract between the other customer and ▇▇▇▇▇▇▇▇▇ (provided that the foregoing shall not limit ▇▇▇▇▇▇▇▇▇’▇ rights at law or in equity). Table of Contents