Quantity and Duration Sample Clauses
The "Quantity and Duration" clause defines the amount of goods or services to be provided under the contract and the time period over which they will be delivered. Typically, this clause specifies exact quantities, such as units or hours, and sets clear start and end dates or delivery schedules. By establishing these parameters, the clause ensures both parties have a mutual understanding of the scope and timeline of their obligations, thereby preventing disputes over delivery expectations and contract fulfillment.
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Quantity and Duration. The quantity applicable to each Purchase Order, and the duration applicable to each Purchase Order, shall be as specified on the face of the Purchase Order. The quantity specified may be for up to one hundred percent (100%) of Buyer's requirements for the goods. Seller further acknowledges and agrees that Seller is obligated to provide goods to Buyer in the quantity specified in any release issued by Buyer. To the extent that Buyer issues separate releases for specific quantities under a Purchase Order, each release will specify a firm quantity of goods and/or a firm quantity of raw materials/components that Buyer will be responsible for in the event of termination. Releases may include projections or estimates for future quantities, but releases are only binding upon Buyer for, and Buyer will have no obligation or liability beyond, the firm quantity specified in the release. Seller acknowledges and agrees to accept the risk associated with the lead times of the various components if they are beyond the firm release quantities provided by Buyer.
Quantity and Duration. A. The quantity applicable to each Order and its duration are specified on the face of the Order. The quantity specified may be for up to one hundred percent (100%) of Purchaser’s requirements for the Goods. For all Blanket Orders and requirements contract Orders, Purchaser shall issue a Release (see Section 3.L) to specify the quantities needed, delivery locations, and dates. Seller acknowledges and agrees that, notwithstanding anything in any Order to the contrary, Seller is obligated to provide Goods to Purchaser in at least the quantity and for at least the period specified in any Release. A Release will specify a firm quantity of Goods and/or a firm quantity of raw materials/components that Purchaser will be responsible for in the event of termination (see Section 17.B). Releases may include Volume and Duration Projections (see Section 5), but Releases are only binding upon Purchaser for, and Purchaser will have no obligation or liability beyond, the quantity specified as firm in the Release. Seller acknowledges and agrees to accept the risk associated with the lead times of the various components if they are beyond the firm Release amounts provided by Purchaser.
B. Unless the Order specifically provides that Seller shall produce one hundred percent (100%) of Purchaser’s requirements for the Goods, Purchaser shall have the right to obtain a portion of such Goods from another third party source or from Purchaser’s internal sources.
Quantity and Duration. 2.1 Seller acknowledges and agrees that Seller is obligated to provide Goods to Purchaser in the quantity specified in any Purchase Order or Release issued by Purchaser. If the quantity is not specified on the Purchase Order, the quantity is for one hundred percent (100%) of Purchaser’s requirements.
2.2 Unless stated otherwise on the face of the Purchase Order, the duration of each Purchase Order shall be the period of time in which Purchaser uses certain Goods in production of Purchaser Products (the “Production Period”) and for ten (10) years thereafter (the “Service Period”). For the avoidance of doubt, however, this Section
2.3 If Seller’s ability to deliver any Products is or is reasonably likely to be constrained, Seller shall immediately notify Purchaser setting forth the cause for the anticipated delay and use best efforts to resolve the issue causing the constraint. Any oral communication shall be immediately confirmed in writing. During the period of any delay, Seller shall fulfill Releases prior to fulfilling orders for the same or similar products for any of Seller’s other customers for the period in which Seller’s production is constrained, using existing on-hand stock and Seller’s actual output. The foregoing is in addition to, and not in limitation of, Seller’s other obligations under the Contract and Purchaser’s other rights and remedies at law, in equity, and in the Contract.
2.4 Unless otherwise agreed in writing by the Parties, Seller shall build and maintain at all times during the Contract a safety stock of Products at an agreed location at no additional charge to Purchaser that consists of a quantity sufficient to meet at least two weeks of forecast deliveries under the Contract (“Safety Stock”). Seller will retain title to, and Purchaser will not have any obligations for, Safety Stock unless and until delivered in accordance with the Contract. Without Purchaser’s prior written consent, which Purchaser may withhold in its sole discretion, Seller may not sell, transfer, encumber or use any Safety Stock for any purpose other than to meet Seller’s obligations under the Contract.
2.5 PURCHASER MAKES NO WARRANTIES REGARDING THE QUANTITY OF PRODUCTS THAT IT WILL ORDER, IF ANY. PURCHASER IS NOT REQUIRED TO ISSUE ANY PURCHASE ORDERS, AND PURCHASER IS NOT OBLIGATED TO ISSUE ANY RELEASE UNDER A PURCHASE ORDER.
Quantity and Duration. 6.1 The quantity applicable to each Order is specified on the face of the Order. The quantity specified may be for a specific number or for up to one hundred percent (100%) of Buyer’s requirements for the Goods. Seller further acknowledges and agrees that Seller is obligated to provide Goods to Buyer in the quantity specified in any release issued by Buyer (“Release”). Releases may include Projections (defined below), but Releases are only binding upon Buyer for, and Buyer will have no obligation or liability beyond, the firm quantity specified in the Release. Seller acknowledges and agrees that it will be responsible for assuring all Goods are sufficient to meet the quantities stated in the Release.
6.2 Unless stated otherwise on the face of the Order, the duration of each Order shall be for the life of the OEM vehicle program(s) into which the Goods ultimately are incorporated, plus applicable service and replacement parts requirements or so long as Buyer’s contract on the program with the OEM remains active, whichever is shorter in duration. ▇▇▇▇▇ and Seller acknowledge, however, that this Section 6.B does not affect or otherwise change Buyer’s rights of termination set forth herein.
6.3 Upon the expiration of any Order, Seller shall cooperate with Buyer and provide all reasonably requested support and informat ion required by Buyer to facilitate ▇▇▇▇▇’s sourcing of the Goods to a replacement supplier.
Quantity and Duration a. The quantity applicable to each purchase order and its duration are specified on the face of the purchase order. For all blanket orders and requirement contract orders, AKNA shall regularly issue releases for the requisite number of parts. A release is a schedule by which AKNA (i) specifies the firm quantity of parts or services Supplier is to deliver to AKNA and on what dates or within what time period; (ii) authorizes material fabrication; and/or (iii) authorizes the purchase of raw materials/components, each for the period specified therein (the “Release”).
b. The Release indicates the firm quantity of parts or services and/or the firm quantity of raw materials/components, as applicable, for which AKNA is liable to Supplier and that Supplier is obligated to provide to AKNA for the period specified therein
c. The Release may state (i) the parts with code number and description; (ii) the address for shipment and payment; (iii) any firm order quantities along with required deadlines; (iv) relevant data for lot sizes, packaging, etc; (v) the buyer; (vi) the required shipping date; and (vii) date of issue. The Release may also provide a forecast of the quantity of parts or services that will be ordered beyond the firm quantity amount.
d. Supplier acknowledges and agrees that, notwithstanding anything in any purchase order to the contrary, Supplier is obligated to provide parts and services to AKNA in at least the quantity and for at least the period specified in the Release. A Release will specify a firm quantity of parts or services and/or a firm quantity of raw materials/components that AKNA will be responsible for in the event of termination. A Release may include volume and duration projections, but a Release is only binding upon AKNA for, and AKNA will have no obligation or liability beyond, the quantity specified as firm in the Release. Supplier acknowledges and agrees to accept the risk associated with the lead times of the various components if they are beyond the firm Release amounts provided by AKNA.
e. Unless the purchase order specifically provides that Supplier shall produce one hundred percent (100%) of AKNA’s requirements for the parts or services, AKNA shall have the right to obtain a portion of such parts or services from another third party source or from AKNA’s internal sources.
Quantity and Duration. A. The quantity applicable to each Order is specified on the face of the Order. The quantity specified may be for up to one hundred percent (100%) of Buyer’s requirements for the Goods. Seller further acknowledges and agrees that Seller is obligated to provide Goods to Buyer in the quantity specified in any release issued by Buyer (“Release”). Releases may include Projections (defined below), but Releases are only binding upon Buyer for, and Buyer will have no obligation or liability beyond, the firm quantity specified in the Release. Seller acknowledges and agrees that it will be responsible for assuring all Goods are sufficient to meet the quantities stated in the Release.
B. Upon the expiration of any Order, Seller shall cooperate with Buyer and provide all reasonably requested support and information required by Buyer to facilitate ▇▇▇▇▇’s sourcing of the Goods to a replacement supplier.
Quantity and Duration