Common use of Long Term Forecast Clause in Contracts

Long Term Forecast. The “Long Term Forecast” is a non-binding, good-faith estimate, at the time such Forecast is made, of IXYS’ demand of each Product described on a monthly basis for the following *** month period. The Long Term Forecast shall be provided by IXYS to Samsung no later than the *** day of every calendar month, and is provided for the purpose of assisting Samsung in its long-range planning for manufacturing capacity and capital needs to meet such Long Term Forecast.

Appears in 3 contracts

Sources: Foundry Services Agreement (Ixys Corp /De/), Foundry Services Agreement (Ixys Corp /De/), Asset Purchase Agreement (Ixys Corp /De/)