SCHEDULES AND FORECASTS Clause Samples
The "Schedules and Forecasts" clause establishes the requirement for parties to provide and update timelines, delivery dates, or projections related to the performance of contractual obligations. In practice, this clause may require one party to submit regular production or delivery schedules, or to update forecasts for quantities or timing as circumstances change. Its core function is to ensure both parties have clear, up-to-date expectations regarding timing and quantities, thereby facilitating planning and reducing the risk of misunderstandings or delays.
SCHEDULES AND FORECASTS. (a) Federal shall furnish the Schedule to Hawker, throughout the term of this Agreement, which Schedule shall provide a six-month forecasting of the Standard Overhaul Services of Federal's Equipment based on Federal's best estimates. Federal shall have the right to amend and periodically update the Schedule and to add any Services to the Schedule at any time. It is expressly agreed and understood that such Schedule is only an estimate, and Federal may, in its sole discretion, delete any item of Services contained in the Schedule, or delay or cancel Delivery of any Equipment for Services upon written notice to Hawker, without obligation or penalty.
(b) Hawker shall provide to Federal's Procurement and Component Vendor Management Departments a weekly status report of the current Schedule which shall provide current information concerning all of the Services provided by Hawker during the week preceding such status report.
SCHEDULES AND FORECASTS. Seller shall provide such schedules and forecasts as Purchaser may reasonably request from time to time, including:
10.3.1 At least thirty (30) days prior to the production of Test Power Products.
10.3.2 At least sixty (60) days prior to (i) the Commercial Operation Date and (ii) the beginning of each calendar year, Seller shall provide to Purchaser Seller’s generation forecast for the upcoming calendar year, which forecast shall be consistent with the schedule of Planned Maintenance for such calendar year established pursuant to Section 10.4.
10.3.3 Each month on or before the twentieth (20th) day of such month, Seller shall provide or cause to be provided to the Scheduler Seller’s generation forecast for the following month, any planned events or activities which could have a material effect on Seller’s generation forecast, and the start and finish dates and times of such planned events or activities. Seller shall give, or shall cause to be given, prompt notice to the Scheduler of any planned deviation in such forecast.
10.3.4 Each day on or before 8:00 a.m.
SCHEDULES AND FORECASTS. Seller agrees to arrange to be in a position to communicate and receive all current and future EDI transactions deemed necessary by Buyer within twelve months of a consummated transaction.