Common use of Forecasting and Purchase Orders Clause in Contracts

Forecasting and Purchase Orders. 3.1 Company shall provide Manufacturer with estimated quarterly production forecasts at least [***] days before each Calendar Quarter. Notwithstanding the foregoing, the Parties hereby acknowledge and agree that while the Company will use commercially reasonable efforts to place Purchase Orders in conformity to the Company’s forecasts, the foregoing forecasts shall be created for the sole purpose of assisting Manufacturer in maintaining adequate inventory to meet the Company’s production needs. Such production forecasts shall always be consistent with Minimum Volumes already set by the Parties.

Appears in 2 contracts

Samples: Manufacturing and Purchasing Agreement (Vita Coco Company, Inc.), Manufacturing and Purchasing Agreement (All Market Inc.)

AutoNDA by SimpleDocs

Forecasting and Purchase Orders. 3.1 The Company shall provide the Manufacturer with estimated quarterly production forecasts at least [***] days before each Calendar Quarter. Notwithstanding the foregoing, the Parties hereby acknowledge and agree that while the Company will use commercially reasonable efforts to place Purchase Orders in conformity to the Company’s forecasts, the foregoing forecasts shall be created for the sole purpose of assisting the Manufacturer in maintaining adequate inventory to meet the Company’s production needs. Such production forecasts shall always be consistent with Minimum Volumes already set by the Parties.

Appears in 1 contract

Samples: Manufacturing and Purchasing Agreement (Vita Coco Company, Inc.)

AutoNDA by SimpleDocs

Forecasting and Purchase Orders. 3.1 8.1 Company shall provide Manufacturer with estimated quarterly production forecasts at least [***] days before each Calendar Quarterquarter. Notwithstanding Company shall also furnish a [***] forward forecast, for the foregoing, the purpose of assisting Manufacturer in ordering required ingredients and packing materials. The Parties hereby acknowledge and agree that while the Company will use commercially reasonable efforts to place Purchase Orders in conformity to the Company’s forecasts, the foregoing forecasts shall be created for the sole purpose of assisting Manufacturer in maintaining adequate inventory to meet the Company’s production needs. Such production forecasts shall always be consistent with Minimum Volumes already set by the Parties.

Appears in 1 contract

Samples: Manufacturing and Purchasing Agreement (Vita Coco Company, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!