Common use of TRUE-UP OBLIGATION Clause in Contracts

TRUE-UP OBLIGATION. Sprint currently anticipates issuing Purchase Orders for at least ********* in Addendum Deliverables by or before ********. If Sprint fails to do so, Sprint agrees to meet with CIENA in ********* to inform CIENA as to the reasons for such failure and to advise CIENA whether Sprint then anticipates that Purchase Orders during the Addendum Term will equal or exceed ********. If Sprint is unable at that time to provide CIENA reasonable assurances that Purchase Orders will equal or exceed ******** during the Addendum Term, Sprint agrees to negotiate reasonable compensation to CIENA for any anticipated Sprint Shortfall, it being understood that CIENA's willingness to reduce its prices during the Addendum Term was and is in consideration for Sprint's commitment to purchase ******** in Addendum Deliverables during the Addendum Term.