Committed Forecast definition
Examples of Committed Forecast in a sentence
Supplier shall otherwise be required to furnish Products in accordance with each Committed Forecast furnished in accordance with the terms of this Agreement.
IR shall otherwise be required to furnish Products in accordance with each Committed Forecast furnished in accordance with the terms of this Agreement.
For the purposes of the [***] calculation, the active Customer Service Representative minutes is equal to the Customer Service Representative call Average Handling Time (AHT) multiplied by the number of Committed Forecast calls.
For all Products falling within the Committed Forecast, BlueArc shall deliver such Products subject to Section 5.8, within the lead times in accordance with Section 5.10, unless a later delivery date is specified in the PO, in which case BlueArc shall deliver the Products on the later delivery date.
IR shall otherwise be required to furnish Services in accordance with each Committed Forecast furnished in accordance with the terms of this Agreement.
However, if volumes fall below the committed forecast levels, then Client will be billed the [***] of the Committed Forecast.
Subject to Section 5.9, BlueArc reserves the right to reject changes to Orders for any reason however HDS may delay the delivery dates of POs in excess of HDS purchase commitments under the Committed Forecast for up to * * *.
IR shall have the right, at its option and discretion, to use alternate IR equipment to meet Committed Forecast and Loading Schedules.
Taking into account the prevailing market conditions and supply chain factors (including actions and measures taken by suppliers), Seller shall have the right to extend or revise the prescribed periods for computing the Forecast and/or Committed Forecast.
For example, if the Communications Provider has an existing commitment for either tier 2A, or 2B, as defined in Figure 1, but its Committed Forecast Order quantities do not meet the 15% threshold variance, and are no more than 15% below the minimum threshold of Committed Forecast Orders than the minimum of the lower applicable tier, the quantity of Committed Forecast Order will be treated as if they were within the lower applicable tier of 1A, or 1B, as defined in Figure 1.