Common use of Quarter Forecast Clause in Contracts

Quarter Forecast. If the Parties do not agree otherwise the new non-binding Fifth (5th) Quarter Target shall be determined based on the equitable discretion of FS. Such equitable discretion shall be based on the new binding Fourth (4th) Quarter Forecast multiplied by a Quarterly Volume Adjustment Factor (x), such factor (x) being within the range set forth below by defining a value in between a minimum x-value (xmin) and a maximum x-value (xmax) and considering the total amount of the Target Kilowatt Volume per calendar year as defined below. FS and Buyer to agree 5 calendar days before the start of the next successive First (1st) Quarter of the binding Four (4)

Appears in 9 contracts

Samples: Framework Agreement (First Solar, Inc.), Framework Agreement (First Solar, Inc.), Framework Agreement (First Solar, Inc.)

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Quarter Forecast. If the Parties do not agree otherwise the new non-binding Fifth (5th) Quarter Target shall be determined based on the equitable discretion of FS. Such equitable discretion shall be based on the new binding Fourth (4th) Quarter Forecast multiplied by a Quarterly Volume Adjustment Factor (x), such factor (x) being within the range set forth below by defining a value in between a minimum x-value (xmin) and a maximum x-value (xmax) and considering the total amount of the Target Kilowatt Volume per calendar year as defined below. Additional Annual Volume Agreement FS and Buyer to agree 5 calendar days before the start of the next successive First (1st) Quarter of the binding Four (4)

Appears in 1 contract

Samples: Framework Agreement (First Solar, Inc.)

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