Common use of Forecasting and Ordering Clause in Contracts

Forecasting and Ordering. Throughout the Term of this Contract, on a monthly basis commencing on the Effective Date, the Owner will provide the Vendor with rolling twelve-month forecasts of its ongoing Product and Service requirements. Such forecasts will, to the extent applicable, include, but not be limited to, the Owner's Site Acquisition, Switch Site Ready Date, Network Interconnection and Microwave Relocation progress to such date. Upon the review and reasonable acceptance of such forecasts by the Vendor pursuant to the terms of this Contract, the Owner will have the right, but not the obligation, to confirm to the Vendor its orders for the Products and Services set forth in such forecasts pursuant to the Owner's delivery to the Vendor of formal written orders specifying the Products and/or Services to be purchased in connection with the terms of this Contract. The Vendor's obligation to deliver in accordance with accepted forecasts will be subject to receipt of the Owner's orders in accordance with the applicable ordering procedures. If the Owner fails to deliver any forecast pursuant to this subsection 2.37 for any reason, the Vendor will be responsible for asking the Owner to actually deliver such forecast to the extent it requires such forecast at such time.

Appears in 5 contracts

Samples: Procurement and Services Contract (Sprint Spectrum Finance Corp), Procurement and Services Contract (Sprint Spectrum L P), Procurement and Services Contract (Sprint Spectrum L P)

AutoNDA by SimpleDocs

Forecasting and Ordering. Throughout the Term of this Contract, on a ------------------------ monthly basis commencing on the Effective Date, the Owner will provide the Vendor with rolling twelve-month forecasts of its ongoing Product and Service requirements. Such forecasts will, to the extent applicable, include, but not be limited to, the Owner's Site Acquisition, Switch Site Ready Date, Network Interconnection and Microwave Relocation progress to such date. Upon the review and reasonable acceptance of such forecasts by the Vendor pursuant to the terms of this Contract, the Owner will have the right, but not the obligation, to confirm to the Vendor its orders for the Products and Services set forth in such forecasts pursuant to the Owner's delivery to the Vendor of formal written orders specifying the Products and/or Services to be purchased in connection with the terms of this Contract. The Vendor's obligation to deliver in accordance with accepted forecasts will be subject to receipt of the Owner's orders in accordance with the applicable ordering procedures. If the Owner fails to deliver any forecast pursuant to this subsection 2.37 for any reason, the Vendor will be responsible for asking the Owner to actually deliver such forecast to the extent it requires such forecast at such time.

Appears in 1 contract

Samples: Procurement and Services Contract (Sprint Spectrum Finance Corp)

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