Common use of REQUIREMENTS CONTRACT Clause in Contracts

REQUIREMENTS CONTRACT. Unless otherwise expressly provided in this Agreement, and without limiting the terms of Sections 1.5 and 2.5, this Agreement is a “requirements contract,” which is a contract that measures the quantity to be supplied by the Seller and purchased by the Buyer by the actual requirements of the Buyer. Seller acknowledges that Buyer’s requirements are dependent upon the requirements of Buyer’s customers and may not be within the control of Buyer.

REQUIREMENTS CONTRACT. Unless otherwise expressly provided in this AgreementContract, and without limiting the terms of Sections 1.5 and 2.5, this Agreement Contract is a “requirements contract,” ”, which is a contract that measures the quantity to be supplied by the Seller and purchased by the Buyer by the actual requirements of the Buyer. Seller acknowledges that Buyer’s requirements are dependent upon the requirements of Buyer’s customers and may not be within the control of Buyer.