Assured Quantity Clause Samples
The Assured Quantity clause defines the minimum amount of goods or services that a buyer commits to purchase from a seller during a specified period. In practice, this clause sets a guaranteed baseline for orders, regardless of actual demand, and may include provisions for penalties or adjustments if the assured quantity is not met. Its core function is to provide certainty and stability for the seller, ensuring predictable revenue and production planning while allocating the risk of fluctuating demand.
Assured Quantity. Seller acknowledges that a reliable and continuing source of Items and Custom Items is essential to Buyer. As a material inducement to Buyer's execution of this Agreement, Seller hereby covenants that it shall reserve capacity of its manufacturing facility to assure supply of Items to Buyer up to the quantity of * * * of Buyer's average monthly requirements per the Buyer's Rolling Forecast.
Assured Quantity. Seller acknowledges that a reliable and continuing source of Items and Custom Items is essential to Buyer. As a material inducement to Buyer's execution of this Agreement, Seller hereby covenants that it shall reserve capacity of its manufacturing facility and inventory levels to assure supply of Items to Buyer up to the quantity of * * * of Buyer's average monthly requirements per the Buyer's Rolling Forecast. ------------- ***Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as *****. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission.
Assured Quantity. EG acknowledges that a reliable and continuing source of Products is essential to FFI. EXHIBIT 10.8