Guaranteed Supply Sample Clauses
The Guaranteed Supply clause obligates one party, typically a supplier, to provide a specified quantity of goods or services to the other party over a defined period. This clause often details the minimum amounts to be delivered, delivery schedules, and remedies if the supplier fails to meet these commitments. Its core function is to ensure the buyer has a reliable and predictable source of supply, thereby reducing the risk of shortages or disruptions in their operations.
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Guaranteed Supply. Newco may elect to End of Life the following products during the 12 month period following the Effective Date: [***] [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. [***] [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. [***] [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission.
Guaranteed Supply. Subject to the other provisions of this ----------------- Agreement, Newco shall assure supply to Spectrian of all Components that have been designed into Spectrian's products. In the event that Newco decides to discontinue manufacturing and delivery of certain Components ("End-of-Life"), Newco will accept all purchase orders provided by Spectrian ("Last Time Buy") of the specific part number(s) subject to Newco's End of Life notification for a period of twelve (12) months from the date of notification and Newco agrees that delivery will not exceed twenty four (24) months from the date of such notification. Spectrian's Last Time Buy must be placed before the expiration of the twelve (12) month period following the End of Life notification. All Last Time Buy purchase orders shall be placed on a non-cancelable and non- refundable basis and marked as such on Spectrian's purchase orders. The price for finished Components purchased under a Last Time Buy will be subject to the prices or pricing criteria, as outlined in Section 1.6.
Guaranteed Supply. Company hereby represents to Distributor that during the Term it shall be able to provide Distributor with all Products ordered as requested in each purchase order. In the event that Company is unable to supply ordered Products, Company agrees to reimburse Distributor for all reasonable costs and liability incurred by Distributor resulting from such failure (including, without limitation, reasonable attorneys’ fees). Such reimbursements shall be received by Distributor within sixty (60) days following the request.
Guaranteed Supply. 6.1. The Material is scheduled under the Federal Controlled Substances Act. Company is required to obtain a quota from the DEA before producing Material; such quotas are limited therefore, in order to assure Buyer of the supplies agreed to hereunder, Company agrees to use its best efforts to obtain a DEA quota sufficient to process Buyer's orders for Material.
6.2. Each party's obligation hereunder is subject to obtaining the necessary DEA quota. Neither party shall be liable to the other for that quantity of Material which Company is unable to supply or take as a result of failure to obtain the necessary DEA quota, provided that Company shall be relieved of any obligations hereunder for failure to obtain a DEA quota only so long as it has adhered to the requirements of Section 6.1 hereof, and provided that Buyer can obtain such quantity of Material from another source, without further obligation to Company hereunder with respect to such Material, if Company does not obtain the necessary DEA quota.
Guaranteed Supply. The Municipality will guarantee a supply of not less than 5 Mℓ/d of Product from the Masodi Treatment Works to the Platreef Mine with effect from commencement of steady state production from the Platreef Mine in 2022 (“Supply Volume”). In the event that the supply of Product from the Masodi Treatment Works should at any time fall below the Supply Volume, the Municipality will be obliged to provide Ivanplats with the shortfall in Product or, alternatively, Ivanplats will be entitled to source its own Product with any reasonable cost differential being for the Municipality’s cost and, in this regard, Ivanplats may be asked by the Municipality to help with finding alternative sources. If and to the extent that future water and effluent supply initiatives (as contemplated in paragraph 5) are implemented, the Supply Volume may increase. This will in turn affect the additional capital contribution and the tariff which would be further negotiated in relation to any supply of Product in excess of 10 Mℓ/day.