Purchase Estimates Clause Samples
The Purchase Estimates clause defines how estimated quantities or values of goods or services to be purchased are communicated between parties. Typically, this clause outlines that any estimates provided are for planning purposes only and do not constitute a binding commitment to purchase those amounts. For example, a supplier may provide an estimate of units a buyer might order over a year, but the buyer is not obligated to purchase the full estimated quantity. The core function of this clause is to set expectations and avoid misunderstandings regarding order volumes, thereby protecting both parties from being held to non-binding projections.
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Purchase Estimates. Distributor shall submit to Micrus, beginning ninety (90) days before the first anticipated order of Product and within the first ten (10) days after the beginning of each calendar quarter thereafter, a non-binding good faith estimate of the amount of Product to be required and purchased by Distributor for both the next three months and the next twelve-month periods.
Purchase Estimates. Pursuant to good faith negotiations between the ------------------ parties, Purchaser shall provide Seller with an estimate (the "Initial Estimate") not later than sixty (60) days prior to the commencement of each Contract Year of the quantity of each Product to be purchased by Purchaser during such Contract Year, and of the Quarterly (as defined herein) amounts thereof, in substantially the form of Schedule 5 hereto. The Quarterly amounts shall be a good faith estimate of delivery requirements for the upcoming Contract Year and shall be based substantially upon delivery requirements
Purchase Estimates. Not less than 20 days prior to the beginning of each calendar quarter, Sealy will provide WRT with a written quarterly System purchase estimate for the upcoming 3 month period (the “Estimate”). Sealy may in its sole discretion amend an Estimate at any time by providing written notice of same to WRT. An Estimate or amended Estimate shall not obligate Sealy to purchase any particular volume of Systems, shall not in any way be construed by WRT as a promise or guaranty by Sealy to purchase any volume of Systems, and shall not be relied upon by WRT in deciding to incur any costs in connection with this Agreement. Subject to Section 3.2 below, Sealy may purchase fewer or more Systems during a quarter than predicted in the Estimate or amended Estimate for said quarter without any liability to WRT beyond that specified in this Agreement.
Purchase Estimates. The Parties hereto acknowledge that the purchase volumes set out in Appendix 1 hereto, or in any estimates or other forecasts provided by Buyer to Seller, are regarded as estimates only based on the best assumptions of Buyer and they are provided for Seller's planning purposes. Purchase estimates shall not be regarded as binding purchase orders under any circumstances. Buyer shall be under no obligation to purchase any specific quantity of the Parts from Seller, unless otherwise expressly agreed in Appendix 1. Any actions taken by Seller based on such forecasts shall be taken at Seller's risk. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Purchase Estimates. During the Initial one yea▇ ▇▇▇m of this Agreement, RSI shall purchase from PRELL d/b/a DCR at least One Thousand Two Hundred aggregate pieces (▇▇▇▇) of Product(s) (the "Purchase Estimate"). The parties acknowledge and agree that at all times from and after the expiration of the Initial Term, RSI shall not be obligated to purchase any minimum quantity of Products from PRELL d/b/a DCR.
Purchase Estimates. CIS shall submit to Cytogen, ------------------ beginning ninety (90) days before the first anticipated order of Products and at the beginning of each calendar quarter thereafter, a non-binding estimate of the amount of Products to be required and purchased by CIS for the next three months and the next 12-month periods.
Purchase Estimates. On the first day of each month, WBOA shall provide a written estimate of the number of litres of water which it intends to acquire over the following three (3) months (hereinafter referred to as the “Period”). In the event that WBOA does not in fact use all of the water rights granted to it for the Period and if CANADA INC. has in its possession a written contract signed by a third party in good faith for an amount equivalent or exceeding the amount available during said Period or during a period not exceeding two (2) years, CANADA INC. may demand that WBOA confirms the amount of litres of water which it intends to purchase during said Period or during the period covered by the agreement insofar that the Period does not exceed two (2) years. In such event, WBOA shall have a delay of fifteen (15) days to formally confirm that it irrevocably undertakes to purchase a specific quantity of litres of water and to demonstrate its capacity to pay.
Purchase Estimates. The Parties hereto acknowledge, that the purchase volumes set out in Appendix 1 hereto, or in any estimates or other forecasts provided by Buyer to Seller, are regarded as estimates only based on the best assumptions of Buyer and they are provided for Seller's planning purposes. Purchase estimates shall not be regarded as binding purchase orders under any circumstances. Buyer shall be under no obligation to purchase any specific quantity of the Parts from Seller, unless otherwise expressly agreed in Appendix 1. Any actions taken by Seller based on such forecasts shall be taken at Seller's risk.
Purchase Estimates. Faulding shall submit to Cytogen, ------------------ beginning ninety (90) days before the first anticipated order of Products and at the beginning of each calendar quarter thereafter, a non-binding estimate of the amount of Products to be required and purchased by Faulding for the next three months and the next 12-month periods.