Capacity and Lead Times Sample Clauses

Capacity and Lead Times. Corvis agrees to accept all Purchase Orders issued by Qwest under this Agreement, provided that such Purchase Orders conform with the requirements of this Agreement, including the Commitment ---------- Limitations, as described below. Corvis shall confirm the Purchase Order as ----------- set forth in Section 1.8, at which point the Purchase Order shall become a binding commitment. Corvis shall be obligated to accept any Purchase Order that includes a ninety (90) day lead time and that requires delivery of Product, within such ninety (90) day period and which does not exceed the following dollar amounts for the respective quarter: (1) $150 million in the case of Q+1, spread evenly over such quarter (i.e., delivery of $50 million per month); (2) $250 million for each of Q+2, Q+3, or Q+4; and (3) $500 million for each of Q+5, Q+6, Q+7, and Q+8 (such lead and dollar amounts are referred to herein as the "Commitment Limitations"). The ninety (90) day lead time referred to above may be satisfied either by Qwest's submission of a Purchase Order or by Qwest's submission of a binding commitment letter, reasonably acceptable to Corvis, describing the Product to be purchased and the approximate delivery dates, and confirming Qwest's agreement to submit within thirty (30) days a Purchase Order containing the detailed configuration, delivery locations, and specific delivery dates for each ordered Product. The parties shall mutually agree upon installation timeframes on a per Purchase Order basis. Corvis shall be entitled to a cure period of five (5) days after the delivery date set forth in such Purchase Order(s) before Corvis will be deemed to be in breach of its delivery obligations hereunder. Corvis will maintain sufficient capacity to process, manufacture, and deliver to Qwest, within the delivery times required by this Section 1.4.
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Capacity and Lead Times. Corvis agrees to accept all Purchase Orders issued by Qwest under this Agreement, provided that such Purchase Orders conform with the requirements of this Agreement, including the Commitment ---------- Limitations, as described below. Corvis shall confirm the Purchase Order ----------- as set forth in Section 1.8, at which point Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.
Sample 1

Related to Capacity and Lead Times

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  • Experience, Financial Capability and Suitability Subscriber is: (i) sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Shares and (ii) able to bear the economic risk of its investment in the Shares for an indefinite period of time because the Shares have not been registered under the Securities Act (as defined below) and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment until the Shares are sold pursuant to: (i) an effective registration statement under the Securities Act or (ii) an exemption from registration available with respect to such sale. Subscriber is able to bear the economic risks of an investment in the Shares and to afford a complete loss of Subscriber’s investment in the Shares.

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  • Industry Data The statistical and market-related data included in each of the Registration Statement, the Pricing Disclosure Package and the Prospectus are based on or derived from sources that the Company reasonably and in good faith believes are reliable and accurate or represent the Company’s good faith estimates that are made on the basis of data derived from such sources.

  • Technical Specifications Each Bloom System is an integrated system comprised of a fuel cell stack assembly and associated balance of plant components that converts a fuel into electricity using electrochemical means that (i) has a Nameplate Capacity of at least 0.5 kilowatts of electricity using an electrochemical process and (ii) has an electricity-only generation efficiency greater than thirty percent (30%).

  • Quality Service Standards/NAV Errors Price Associates and the Fund may, from time to time, agree to certain quality service standards, with respect to the Services hereunder. In the event Price Associates is the party responsible for causing an error in the computation of the net asset value for a Fund or share class of a Fund (“NAV Error”), the actions that are required to be taken as to such NAV Error shall be made in accordance with the Fund’s Net Asset Value Error Correction Policy and Procedures (“NAV Error Policy”) attached hereto as Schedule II.

  • Year 2000 Compatibility Borrower shall take all action necessary to assure that Borrower's computer based systems are able to operate and effectively process data including dates on and after January 1, 2000. At the request of Bank, Borrower shall provide Bank assurance acceptable to Bank of Borrower's Year 2000 compatibility.

  • Capacity of Parties The signature(s) of the Obligor(s) on the Contract are genuine and all parties to the Contract had full legal capacity to execute the Contract.

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