Common use of Planning Information Clause in Contracts

Planning Information. Upon Seller's request, and to the extent feasible, Customer will provide to Seller non-binding forecasts of Customer's annual Product, Licensed Materials, and Services needs. Such forecasts will be provided on a schedule to be agreed upon. In addition, where preliminary order information is required, Customer shall provide such information to Seller within an agreed upon time prior to the date the order is to be placed. There shall be no penalty or liability for failure by the Customer to order Products, Licensed Materials, and Services which are included in the Customer's forecasts.

Planning Information. Upon Seller's request, and to the extent feasible, Customer will provide to Seller non-binding forecasts of Customer's annual Product, Licensed Materials, and Services needs. Such forecasts will be provided on a schedule to be agreed upon. In addition, where preliminary order information is required, Customer shall provide such information to Seller within an agreed upon time prior to the date the order is to be placed. There shall be no penalty or liability for failure by the Customer to order Products, Licensed Materials, and Services which are included in the Customer's forecasts.