Common use of Forecasts Purchase Orders Clause in Contracts

Forecasts Purchase Orders. 8.1 During the first week of each month, DISTRIBUTOR shall forward to WTI a three (3) month rolling forecast of Product purchases designating the quantities of each model of the Products which DISTRIBUTOR intends to sell in this period. In addition, DISTRIBUTOR will provide WTI with a quarterly forecast for the period of six (6) months for each of the Products.

Appears in 1 contract

Sources: Distributor Agreement (Wilshire Technologies Inc)

Forecasts Purchase Orders. 8.1 7.1 During the first week of each month, DISTRIBUTOR shall forward to WTI a three (3) month rolling forecast of Product purchases designating the quantities of each model of the Products which DISTRIBUTOR intends to sell in this period. In addition, . 7.2 Any purchase orders issued by DISTRIBUTOR are subject to acceptance by WTI and will provide WTI with not be deemed accepted until a quarterly forecast for the period of six (6) months for each of the Productswritten confirmation has been dispatched by WTI.

Appears in 1 contract

Sources: Distributor Agreement (Wilshire Technologies Inc)