Demand and Procurement Sample Clauses

Demand and Procurement. Supplier shall procure materials and components (“Materials”) in quantities necessary to fulfill individual orders issued by Buyer to Supplier (a “Purchase Order”) for the manufacture and delivery of Buyer’s products (“Products”) and/or (b) Product forecasts issued by Buyer to Supplier which (i) are intended to cause Supplier to procure Materials prior to Buyer’s issuance of a Purchase Order and (ii) are accompanied by Xxxxx’s written authorization (“Letter of Authorization”, or “LOA”) to procure such Materials. Product forecasts satisfying 1.1(b)(i) and 1.1(b)(ii) shall constitute a “Binding Forecast”, and Purchase Orders and/or Binding Forecasts shall constitute a “Demand”. Supplier shall not procure Materials without a corresponding Purchase Order or LOA. The Parties acknowledge that Buyer shall not be deemed to be committed to purchase from Supplier, and Supplier shall not be deemed to be committed to sell to Buyer, any Product unless and until Buyer issues a Purchase Order to Supplier and Supplier accepts such Purchase Order. Notwithstanding the foregoing, Xxxxx accepts all costs and expenses for all Materials procured by Supplier in accordance with a Demand. Supplier shall work in good faith to identify alternative sub-suppliers for single source Materials (focusing first on Materials with the highest risk of delay or non-fulfillment), and Buyer shall reasonably cooperate with Supplier in evaluating and approving such alternative sub-suppliers.
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Related to Demand and Procurement

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  • Historical Performance Information To the extent agreed upon by the parties, the Sub-Advisor will provide the Trust with historical performance information on similarly managed investment companies or for other accounts to be included in the Prospectus or for any other uses permitted by applicable law.

  • Regulation AB Compliance; Intent of the Parties; Reasonableness The parties hereto acknowledge that interpretations of the requirements of Regulation AB may change over time, whether due to interpretive guidance provided by the Commission or its staff, consensus among participants in the asset-backed securities markets, advice of counsel, or otherwise, and agree to comply with all reasonable requests made by the Depositor in good faith for delivery of information under these provisions on the basis of evolving interpretations of Regulation AB. In connection with the Trust, each Servicer, the Trustee and each Custodian shall cooperate fully with the Depositor to deliver to the Depositor (including its assignees or designees), any and all statements, reports, certifications, records and any other information available to such party and reasonably necessary in the good faith determination of the Depositor to permit the Depositor to comply with the provisions of Regulation AB, together with such disclosures relating to each Servicer, the Trustee and each Custodian, as applicable, reasonably believed by the Depositor to be necessary in order to effect such compliance.

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