Orders Forecasts Delivery Sample Clauses
The "Orders; Forecasts; Delivery" clause defines the procedures and requirements for placing orders, providing forecasts, and managing the delivery of goods or services under the agreement. Typically, it outlines how and when the buyer must submit purchase orders, the process for providing non-binding or binding forecasts of future needs, and the seller’s obligations regarding shipment schedules and delivery logistics. This clause ensures both parties have clear expectations about order volumes and delivery timelines, reducing the risk of supply chain disruptions and misunderstandings.
Orders Forecasts Delivery. 8.1. All orders shall be on an Ex-Works (Switzerland) basis or on an Ex-Works (Italy) basis (Incoterms 2000), depending on the availability of the Products. All duties, import and/or export duties and such other taxes, tariffs and surcharges of any nature whatsoever now or hereafter levied or imposed in any country or territory either directly or indirectly in respect of the transfer of the Products to the Company's warehouse or payments for them and all freight costs and insurance costs from the place of delivery to the Company's warehouse will be paid for by the Company. Placing the Products at the disposal of the Company in Home Art's warehouse in Switzerland or in Italy shall constitute delivery thereof to the Company and from the point in time when the Products have been placed at the disposal of the Company, the Products shall be at the Company's risk.
8.2. The Company shall provide th a three month rolling forecast to Home Art (or its nominee) by the fifteenth (15 ) day of every month. This forecast will concern the request for goods for the three months in the following quarter. By way of illustration therefore the Company will, on 15 th January, provide a forecast in respect of goods required for April, May and June.
8.3. The quantities required for the first (V) month of each forecast shall be regarded as a definitive order to Home Art.
▇.▇. ▇▇ soon as practicable after receipt of the forecast Home Art will send to the Company a confirmation of the order for the deliveries scheduled for the first (1s) month referred to in the forecast.
8.5. The quantities provided in the forecast for the second (2 d ) and third (3rd) month of each forecast may be revised (upwards or downwards) by a maximum of ten percent (10%).
8.6. The forecast is binding on the parties except in the case of "Force Majeure".
Orders Forecasts Delivery