Response to Forecast Sample Clauses
The "Response to Forecast" clause outlines the obligations of one party to acknowledge, confirm, or otherwise respond to sales or demand forecasts provided by the other party. Typically, this clause specifies the timeframe within which a response must be given and may detail the form or content of the required response, such as confirming the ability to meet projected demand or identifying potential supply constraints. Its core practical function is to ensure clear communication and alignment between parties regarding anticipated needs, thereby reducing the risk of supply shortages or overproduction.
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Response to Forecast. Within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following Micron's actual, direct receipt of each Demand Forecast, Micron shall furnish Intel with a written response indicating what portion of the Demand Forecast that Micron will commit to supply (the “Response to Forecast”). In each Response to Forecast, Micron will commit to supply quantities sufficient to satisfy the Minimum Commitment. In each Response to Forecast relating to any Demand Forecast periods between **** and the end of the Term, Micron may **** requested in the Demand Forecast, and ****, provided that Micron has provided notice of any such **** months in advance and for so long as **** are of the ****. In each Response to Forecast, Micron will indicate the Facility from which Micron intends to supply each Probed Wafer, provided that Micron reserves the right to change the manufacturing Facility (i) in response to design id mix changes Intel makes pursuant to Section 3.1(d) and (ii) in order to ensure Micron can satisfy its performance obligations hereunder. Notwithstanding the foregoing, in no event will Micron supply Probed Wafers from a Facility at which the design id in question has not achieved qualification as established by the applicable JDP Committee.
Response to Forecast. Within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following Micron's actual, direct receipt of each Demand Forecast, Micron shall furnish Intel with a written response indicating what portion of the Demand Forecast that Micron will commit to supply (the “Response to Forecast”). The Response to Forecast will also set forth **** for each Fiscal Month of the period covered by the Demand Forecast.