Product Quantity Clause Samples
The Product Quantity clause defines the specific amount of goods or units to be supplied under the contract. It typically outlines how the quantity is measured, whether as a fixed number, a range, or based on purchase orders, and may address issues such as minimum or maximum order requirements. By clearly specifying the quantity, this clause helps prevent disputes over delivery obligations and ensures both parties have a mutual understanding of the expected supply.
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Product Quantity. If the quantity of Product produced in any Batch fails to meet the quantity specified in the applicable Purchase Order, then the Parties shall meet to discuss in good faith one or more possible remedies to resolve the shortage.
Product Quantity. The Purchaser shall purchase from Inotera all of the Conforming Wafers manufactured in response to the Purchaser’s Demand Forecasts (including any adjusted Demand Forecast) in accordance with Article 3 and the Purchase Orders (including any revised or supplemented Purchase Order) accepted in accordance with this Article 4.
Product Quantity. The quantity of product received from or loaded to customer’s marine vessels shall be based on Gross Standard Volume using the applicable API and ASTM or equivalent standards for Marine Vessel movements by the following (in order of preference), subject to operator’s reasonable discretion to choose an alternative method: (a) by meters, (b) by static shore tank gauges of the tank or otherwise (c) by a mutually agreeable method. The custody transfer quantity shall not be determined by vessel gauges or bills of lading unless otherwise mutually agreed to in writing by customer and operator. Customer shall provide operator with all reasonable documentation with respect to the volumes throughput across the Berths, including but not limited to, inspection reports, meter tickets or other similar documentation within three (3) Business Days of completion of Marine Vessel discharge.
Product Quantity. Micron shall purchase from the Joint Venture Company a percentage, equal to (a) Micron's Sharing Interest (as the same may change from time to time), of the Joint Venture Company's output of Probed Wafers that are NAND Flash Memory Wafers, and (b) Micron's Sharing Interest (as the same may change from time to time), of the Joint Venture Company's output of Probed Wafers that are Designated Technology Wafers; provided, however, that the mix of type of Probed Wafers (i.e., NAND Flash Memory Wafers or Designated Technology Wafers) Micron shall purchase from the Joint Venture Company pursuant to the foregoing shall include a percentage, equal to Micron's Sharing Interest, of the Probed Wafers manufactured utilizing each Process Technology Node then in use at the Joint Venture Company. If (i) either Member delivers a **** (as defined in the LLC Operating Agreement) under Section 11.2 of the LLC Operating Agreement or (ii) Section 11.10(C) of the LLC Operating Agreement is applicable, then the **** shall be modified as appropriate to ensure the operation of Section 11.2(D)(4), Section 11.2(E)(6) and Section 11.10(C) of the LLC Operating Agreement, as applicable. The Joint Venture Company shall produce all Products in accordance with the Operating Plan, developed in response to Micron's Demand Forecast under Article 3 above. If Micron fails to include in its Demand Forecast a number of Probed Wafers consistent with the first sentence of this Section 4.1 for any particular Fiscal Month (“Underloading”), then the increased Prices associated with the Underloading in such Fiscal Month shall be isolated and charged solely to Micron, which Micron shall remain solely responsible for paying. Notwithstanding the foregoing, Micron may elect, but is not obligated, to purchase Probed Wafer in excess of that contemplated by the first sentence of this Section 4.1 only by mutual agreement of the Members.
Product Quantity. Intel shall purchase from the Joint Venture Company a percentage, equal to (a) Intel's Sharing Interest (as the same may change from time to time), of the Joint Venture Company's output of Probed Wafers that are NAND Flash Memory Wafers, and (b) Intel's Sharing Interest (as the same may change from time to time), of the Joint Venture Company's output of Probed Wafers that are Designated Technology Wafers; provided, however, that the mix of type of Probed Wafers (i.e., NAND Flash Memory Wafers or Designated Technology Wafers) Intel shall purchase from the Joint Venture Company pursuant to the foregoing shall include a percentage, equal to Intel's Sharing Interest, of the Probed Wafers manufactured utilizing each Process Technology Node then in use at the Joint Venture Company. If (i) either Member delivers a **** (as defined in the LLC Operating Agreement) under Section 11.2 of the LLC Operating Agreement or (ii) Section 11.10(C) of the LLC Operating Agreement is applicable, then the **** shall be modified as appropriate to ensure the operation of Section 11.2(D)(4), Section 11.2(E)(6) and Section 11.10(C) of the LLC Operating Agreement, as applicable. The Joint Venture Company shall produce all Products in accordance with the Operating Plan, developed in response to Intel's Demand Forecast under Article 3 above. If Intel fails to include in its Demand Forecast a number of Probed Wafers consistent with the first sentence of this Section 4.1 for any particular Fiscal Month (“Underloading”), then the increased Prices associated with the Underloading in such Fiscal Month shall be isolated and charged solely to Intel, which Intel shall remain solely responsible for paying. Notwithstanding the foregoing, Intel may elect, but is not obligated, to purchase Probed Wafer in excess of that contemplated by the first sentence of this Section 4.1 only by mutual agreement of the Members.
Product Quantity. The intent of the Parties is that the Joint Venture Company shall order and purchase from Micron [***] of Probed Wafers [***]. [***].
Product Quantity. Micron shall purchase from the Joint Venture Company a percentage, equal to Micron’s Sharing Interest (as the same may change from time to time), of all of the Joint Venture Company’s output of Products that meet the Specifications. The Joint Venture Company shall produce all Products in accordance with the Operating Plan, developed in response to Micron’s Demand Forecast under Article 3 above. If Micron fails purchase its full Sharing Interest of the Joint Venture Company’s output, produced in accordance with the Operating Plan (“Underloading”), then the increased Prices associated with such Underloading shall be isolated and charged solely to Micron, which Micron shall remain solely responsible for paying. Notwithstanding the foregoing, Micron may elect, but is not obligated, to purchase Product in excess of its Sharing Interest only by mutual agreement of the other Member.
Product Quantity. In accordance with the following table: 5 MMgal per Month +/- 10% at Buyer's option FROM MAY 1st THROUGH SEPTEMBER 30th, 2006.
Product Quantity. Intel shall purchase from the Joint Venture Company a percentage, equal to Intel’s Sharing Interest (as the same may change from time to time), of all of the Joint Venture Company’s output of Products that meet the Specifications. The Joint Venture Company shall produce all Products in accordance with the Operating Plan, developed in response to Intel’s Demand Forecast under Article 3 above. If Intel fails purchase its full Sharing Interest of the Joint Venture Company’s output, produced in accordance with the Operating Plan (“Underloading”), then the increased Prices associated with such Underloading shall be isolated and charged solely to Intel, which Intel shall remain solely responsible for paying. Notwithstanding the foregoing, Intel may elect, but is not obligated, to purchase Product in excess of its Sharing Interest only by mutual agreement of the other Member.
Product Quantity. In accordance with the following table: ----------------