Volume and Duration Projections. From time to time and in connection with quotations, requisitions, Orders, and Releases, Buyer may provide Seller with estimates, forecasts or projections of its possible future volume or quantity requirements for the Goods and/or the term of a program (“Volume and Duration Projections”). Volume and Duration Projections, unlike a Release for a firm quantity, are not binding on Buyer. Seller acknowledges that the Volume and Duration Projections, like any other forward looking projections, are based on a number of economic and business factors, variables and assumptions, some or all of which may change over time, and may or may not be accurate at the time they were made or later. Buyer makes no representation, warranty, guaranty or commitment of any kind or nature, express or implied, regarding any Volume and Duration Projections or other estimate, forecast or projection provided to Seller, including as to its accuracy or completeness. Seller accepts that Volume and Duration Projections may not be accurate and that actual volume or duration could be substantially lesser or greater. Seller acknowledges that this risk, and possible reward, is an aspect of the industry in which Seller and Buyer operate.
Volume and Duration Projections. From time to time and in connection with quotations, requisitions and Orders, Purchaser may provide Seller with estimates, forecasts or projections of its future volume or quantity requirements for the Goods and/or the term of a program (“Volume and Duration Projections”). Volume and Duration Projections, unlike a Release for a firm quantity, are not binding on Purchaser. They also are not evidence of a requirements contract. Seller acknowledges that the Volume and Duration Projections, like any other forward looking projections, are based on a number of economic and business factors, variables and assumptions, some or all of which may change over time, and may or may not be accurate at the time they were made or later. Purchaser makes no representation, warranty, guaranty or commitment of any kind or nature, express or implied, regarding any Volume and Duration Projections or other estimate, forecast or projection provided to Seller, including as to its accuracy or completeness. Seller accepts that Volume and Duration Projections may not be accurate and that actual volume or duration could be less than or greater than the projections. Seller acknowledges that this risk, and possible reward, is an aspect of the automotive industry.
Volume and Duration Projections. From time to time and in connection with quotations, requisitions and Contracts, Buyer may provide Seller with estimates, forecasts or projections of its future volume or quantity requirements for the Products and/or the term of a program (“Projections”). Projections, unlike a Release for a firm quantity, are not binding on Buyer. Seller acknowledges that Projections, like any other forward looking projections, are based on a number of economic and business factors, variables and assumptions, some or all of which may change over time, and may or may not be accurate at the time they were made or later. Buyer makes no representation, warranty, guaranty or commitment of any kind or nature, express or implied, regarding any Projections or other estimate, forecast or projection provided to Seller, including as to its accuracy or completeness. Seller accepts that Projections may not be accurate and that actual volume or duration could be less than or greater than the projections. Seller acknowledges that this risk, and possible reward, is an aspect of the automotive industry.
Volume and Duration Projections. From time to time and in connection with quotations, requisitions and purchase orders, Buyer may provide Seller with estimates, forecasts or projections of its future volume or quantity requirements for the Supplies and/or the term of a program ("Projections"). Projections, unlike a release for a firm quantity, are not binding on Buyer. Seller acknowledges that Projections, like any other forward-looking estimates, are based on a number of economic and business factors, variables and assumptions, some or all of which may change over time, and may or may not be accurate at the time they were made or at any later time. Buyer makes no representation, warranty, guaranty or commitment of any kind or nature, express or implied, regarding any Projections or other estimate, forecast or projection provided to Seller, including as to its accuracy or completeness. Seller accepts that Projections may not be accurate and that actual volume or duration could be less than or greater than the Projections. Seller expressly accepts this risk and possible reward.
Volume and Duration Projections a. From time to time and in connection with quotations, requisitions and purchase orders, AKNA may provide Supplier with estimates, forecasts or projections of its future volume or quantity requirements for the good or services and/or the term of a program. Volume and duration projections, unlike a Release for a firm quantity, are not binding on AKNA. They also are not evidence of a requirements contract. Supplier acknowledges that any volume and duration projections, like any other forward looking projections, are based on a number of economic and business factors, variables and assumptions, some or all of which may change over time, and may or may not be accurate at the time they were made or later. AKNA makes no representation, warranty, guaranty or commitment of any kind or nature, express or implied, regarding any volume and duration projections or other estimate, forecast or projection provided to Supplier, including as to its accuracy or completeness. Supplier accepts that volume and duration projections may not be accurate and that actual volume or duration could be less than or greater than the projections. Supplier acknowledges that this risk, and possible reward, is an aspect of the automotive industry.
b. The purpose of the forecast is to provide Supplier with information so Supplier can plan future orders; the forecast does not constitute, reflect, or create any obligation on the part of AKNA to buy such quantities.
