Common use of Initial Forecast Clause in Contracts

Initial Forecast. Upon the execution of this Agreement, CUSTOMER shall provide SANMINA-SCI with (i) an initial ninety (90) day firm Order and (ii) a forecast for Product requirements (in monthly buckets) for an additional nine (9) months ("Forecast"). All Orders shall be binding and may be rescheduled only in accordance with Section 4.2(d), or cancelled upon payment of (1) the purchase price of the Product (if the cancellation is made within 30 days of the scheduled delivery date) or (2) the amounts set forth in Section 4.2(f) (if cancellation is made outside of such 30-day period). SANMINA-SCI shall make purchase commitments (including purchase commitments for Long Leadtime Components) to its Component suppliers ("Vendors") based upon the Order and Forecast, and CUSTOMER shall be responsible for all such Components purchased in support of Customer's then-current Forecast. For all other purposes, however, the Forecast shall be non-binding.

Appears in 3 contracts

Samples: Manufacturing Services Agreement (Isilon Systems, Inc.), Manufacturing Services Agreement (Isilon Systems, Inc.), Manufacturing Services Agreement (Isilon Systems, Inc.)

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Initial Forecast. Upon the execution of this Agreement, CUSTOMER shall provide SANMINA-SCI with (i) an initial ninety (90) day firm Order and (ii) a forecast for Product requirements (in monthly buckets) for an additional nine (9) months ("Forecast"). All Orders shall be binding and may be rescheduled only in accordance with Section 4.2(d), or cancelled upon payment of (1) the purchase price of the Product (if the cancellation is made within 30 days of the scheduled delivery date) or (2) the amounts set forth in Section 4.2(f) (if cancellation is made outside of such 30-day period). SANMINA-SCI shall make purchase commitments (including purchase commitments for Long Leadtime Components) to its Component suppliers ("Vendors") based upon the Order and Forecast, and CUSTOMER shall be responsible for all such Components purchased in support of Customer's CUSTOMER’s then-current Forecast. For all other purposes, however, the Forecast shall be non-binding.

Appears in 1 contract

Samples: Manufacturing Services Agreement (Power Efficiency Corp)

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Initial Forecast. Upon the execution of this Agreement, CUSTOMER DARKPULSE shall provide SANMINA-SCI SANMINA with (i) an initial ninety (90) day firm Order and (ii) a forecast for Product requirements (in monthly buckets) for an additional nine (9) months ("Forecast"). All Orders shall be binding and may be rescheduled only in accordance with Section 4.2(d)4.4, or cancelled upon payment of (1) the purchase price of the Product (if the cancellation is made within 30 thirty (30) days of the scheduled delivery date) or (2) the amounts set forth in Section 4.2(f) 4.5 (if cancellation is made outside of such thirty (30-) day period). SANMINA-SCI SANMINA shall make purchase commitments (including purchase commitments for Long Leadtime Lead-time Components) to its Component suppliers ("Vendors") based upon the Order and Forecast, and CUSTOMER DARKPULSE shall be responsible for all such Components purchased in support of Customer's DARKPULSE’s then-current Forecast. For all other purposes, however, the Forecast shall be non-binding.

Appears in 1 contract

Samples: Manufacturing Services Agreement (DarkPulse, Inc.)

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