Ramp-Up Plan Commitments and Changes Clause Samples
The "Ramp-Up Plan Commitments and Changes" clause defines the obligations and procedures related to the initial phase of a project or service, where activities and resources are gradually increased to reach full operational capacity. This clause typically outlines the specific milestones, deliverables, and timelines that must be met during the ramp-up period, as well as the process for making adjustments to the plan if circumstances change. Its core practical function is to ensure both parties have a clear, agreed-upon roadmap for scaling up operations, while also providing a structured method for handling modifications, thereby reducing misunderstandings and managing expectations during the critical early stages of a project.
Ramp-Up Plan Commitments and Changes. The Parties agree as follows concerning the Ramp-Up Plan:
(i) The initial 1,000 L/M in aggregate increases in production capacity of the Y4 Facility identified on the Ramp-Up Plan shall be considered firmly committed by each Party (i.e., 500 L/M each) as of the times specified in the Ramp-Up Plan and in accordance with this Section 6.5(c)(i) (the “Minimum RUP Commitment”). The Parties shall agree upon one or more Business Plans that provide for implementing the [***]. [***]
(ii) [***]
(A) [***]
(B) [***]
(iii) [***]
(iv) [***]
(A) [***]
(B) [***]