Common use of Expected Output Clause in Contracts

Expected Output. The expected MW output rating for the DFC Modules and DFC Components to be sold to Buyer under this Contract is shown in Annex A. Seller expects to introduce new technology resulting in an increase in power output per Module from 1.2 MW to 1.4 MW beginning with shipments commencing in 2009. In the event that the increase in power output from 1.2 MW to 1.4 MW is not achieved according to the anticipated schedule, Seller and Buyer agree that the pricing indicated in Annex A will be adjusted proportionally to reflect the increase or the shortfall in output.

Appears in 4 contracts

Samples: Purchase and Sale Contract (Fuelcell Energy Inc), Purchase and Sale Contract (Fuelcell Energy Inc), Purchase and Sale Contract (Fuelcell Energy Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.