Common use of Forecast and Buy-Back Guarantee Clause in Contracts

Forecast and Buy-Back Guarantee. Company shall endeavor to provide monthly a three (3) month rolling forecast and Quarterly a twelve (12) months rolling forecast of Products to be Manufactured by Contractor under this Agreement. Contractor shall acknowledge in writing acceptance of Company's three (3) month forecast or provide notice to Company of limited Factory capacity. Company agrees to buyback, at cost, all Manufacturing related Materials inventory purchased by Contractor should Company fail to Order forecasted quantities based on 100% of forecasted Materials for the three month period and such failure to Order is in no way attributable to Contractor. The Company will not be required to buy back any Materials beyond the third month of the twelve (12) month forecast. Notwithstanding the above, Contractor will attempt to divert Materials to other manufacturing uses so as to minimize this excess inventory cost to Company. ------------------------------------------------------------------------------------------------- Schedules Purpose of Schedule Variations ------------------------------------------------------------------------------------------------- Purchase Order Authorizes Shipment (Contractor), Only by changes, in writing, from Receiving (Company), Invoicing Company (Contractor) and Payment (Company) ------------------------------------------------------------------------------------------------- Weekly Start Schedule Provide weekly start schedule with The volume and line items are delivery dates and priorities. firm. ------------------------------------------------------------------------------------------------- Volume for first month is firm, but line items may change. Three Months Forecast Provided for Material and labor Second month may change from planning. previous forecast no more than + - 25%. Third month may change from previous forecast no more than + - 50%. ------------------------------------------------------------------------------------------------- Twelve Month Forecast Provided for space, equipment and First three months are as above, labor planning. but all other is for planning purpose only. ------------------------------------------------------------------------------------------------- Initials: Contractor___Company___

Appears in 1 contract

Samples: Manufacturing Agreement (Rf Monolithics Inc /De/)

AutoNDA by SimpleDocs

Forecast and Buy-Back Guarantee. Company shall endeavor to provide monthly a three (3) month rolling forecast and Quarterly a twelve (12) months rolling forecast of Products to be Manufactured by Contractor under this Agreement. Contractor shall acknowledge in writing acceptance of Company's three (3) month forecast or provide notice to Company of limited Factory capacity. Company agrees to buyback, at cost, all Manufacturing related Materials inventory purchased by Contractor should Company fail to Order forecasted quantities based on 100% of forecasted Materials for the three month period and such failure to Order is in no way attributable to Contractor. The Company will not be required to buy back any Materials beyond the third month of the twelve (12) month forecast. Notwithstanding the above, Contractor will attempt to divert Materials to other manufacturing uses so as to minimize this excess inventory cost to Company. ------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- Schedules Purpose of Schedule Variations ------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- Purchase Order Authorizes Shipment (Contractor), Only by changes, in writing, from (Contractor), Receiving Company (Company), Invoicing Company (Contractor) and Payment (Company) ------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- Weekly Start Schedule Provide weekly start schedule with The volume and line items are delivery dates and priorities. firm. ------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- Volume for first month is firm, but line items may change. Three Months Forecast Provided for Material and labor Second month may change from planning. Three Months Forecast Provided to Material and labor previous forecast no more than + - +/- planning. 25%. Third month may change from previous forecast no more than + - +/- 50%. ------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- Schedules Purpose of Schedule Variations ---------------------------------------------------------------------------------------------------------------- Twelve Month Forecast Provided for space, equipment and First three months are as above, labor planning. but all other is for planning purpose only. ------------------------------------------------------------------------------------------------- Initials: Contractor___Company___----------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Manufacturing Agreement (Rf Monolithics Inc /De/)

Forecast and Buy-Back Guarantee. Company shall endeavor to provide monthly a three (3) month rolling forecast and Quarterly quarterly a twelve (12) months rolling forecast of Products to be Manufactured by Contractor under this Agreement. Contractor shall acknowledge in writing writing, within one week of receipt, acceptance of Company's three (3) month forecast or provide written notice to Company of limited Factory capacity. Company agrees to buyback, at cost, all Manufacturing related Materials inventory purchased by Contractor should Company fail to Order forecasted quantities based on 100% of forecasted Materials for the three month period and such failure to Order order is in no way attributable to Contractor. The Company will not be required to buy back any Materials beyond the third month of the twelve (12) month forecast. Notwithstanding the above, Contractor will attempt to divert Materials to other manufacturing uses so as to minimize this excess inventory cost to Company. ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Schedules Purpose of Schedule Variations ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Purchase Order Authorizes Shipment (Contractor), Only by changes, in writing, from Receiving (Contractor), Shipment Company (Company), Invoicing Company Receiving (Contractor) and Payment Invoicing (Company) ------------------------------------------------------------------------------------------------- Payment ==================================================================================================================================== ==================================================================================================================================== Weekly Start Schedule Provide weekly start schedule with The volume and line items are delivery dates and priorities. firm. ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Three Month Forecast Provided for Material and labor Volume for first month is firm, planning. but line items may change. Three Months Forecast Provided for Material and labor Second month may change from planning. previous forecast no more than + - +/- 25%. Third month may change from previous forecast no more than + - +/- 50%. ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Twelve Month Forecast Provided for space, equipment and First three months are as above, labor planning. but all other is for planning purpose purposes only. ------------------------------------------------------------------------------------------------- Initials: Contractor___Company___-----------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Manufacturing and Technical Support Agreement (Rf Monolithics Inc /De/)

AutoNDA by SimpleDocs

Forecast and Buy-Back Guarantee. Company shall endeavor to provide monthly a three (3) month rolling forecast and Quarterly a twelve (12) months rolling forecast of Products to be Manufactured by Contractor under this Agreement. Contractor shall acknowledge in writing acceptance of Company's three (3) month forecast or provide notice to Company of limited Factory capacity. Company agrees to buyback, at cost, all Manufacturing related Materials inventory purchased by Contractor should Company fail to Order forecasted quantities based on 100% of forecasted Materials for the three month period and such failure to Order is in no way attributable to Contractor. The Company will not be required to buy back any Materials beyond the third month of the twelve (12) month forecast. Notwithstanding the above, Contractor will attempt to divert Materials to other manufacturing uses so as to minimize this excess inventory cost to Company. ------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- Schedules Purpose of Schedule Variations ------------------------------------------------------------------------------------------------- =================================================================================== Purchase Order Authorizes Shipment (Contractor), Only by changes, in writing, (Contractor), Receiving from Receiving Company (Company), Invoicing Company (Contractor) and Payment (Company) ------------------------------------------------------------------------------------------------- Weekly Start Schedule Provide weekly start schedule with The volume ----------------------------------------------------------------------------------- Three Months Forecast Provided for Material and line items are delivery dates and priorities. firm. ------------------------------------------------------------------------------------------------- Volume for first month is labor planning. firm, but line items may change. Three Months Forecast Provided for Material and labor Second month may change from planning. previous forecast no more than + - +/- 25%. Third month may change from previous forecast no more than + - +/- 50%. ------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- Twelve Month Forecast Provided for space, equipment and First three months are as equipment and labor above, labor planning. but all other is for planning. planning purpose only. ------------------------------------------------------------------------------------------------- Initials: Contractor___Company___-----------------------------------------------------------------------------------

Appears in 1 contract

Samples: Manufacturing Assembly Agreement (Rf Monolithics Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.