Common use of Excessive Materials Purchases Clause in Contracts

Excessive Materials Purchases. Contractor agrees to consult with Company and obtain agreement regarding the purchase of any quantity of Materials in excess of that required to fulfill Company Purchase Order(s) and forecast (factoring in normal yield and line losses), including excess Materials that would result from a minimum order requirement being imposed by one or more suppliers, prior to Contractor transacting the purchase of such Materials. Company agreement shall be provided in writing through electronic mail or facsimile. Company agrees to prompt dispatch of notification once agreement has been reached. Contractor agrees not to submit purchase orders to suppliers for such Materials until agreement as to quantity is received in writing from Company.

Excessive Materials Purchases. Contractor agrees to consult with Company and obtain agreement regarding the purchase of any quantity of Materials in excess of that required to fulfill Company Purchase Order(s) and forecast Company’s Six-Month Forecast (factoring in normal yield and line losses), including excess Materials that would result from a minimum order requirement being imposed by one or more suppliers, prior to Contractor transacting the purchase of such Materials. Company agreement shall be provided in writing through electronic mail or facsimile. Company agrees to prompt dispatch of notification once agreement has been reached. Contractor agrees not to submit purchase orders to suppliers for such Materials until agreement as to quantity is received in writing from Company.