Demand Requirements definition
Examples of Demand Requirements in a sentence
Information made available under the Demonstrated Demand Requirements will be subject to the confidentiality provisions in paragraph 20 of this Supply Agreement and, for the avoidance of doubt, will not be disclosed by GSS, or any member of the ▇▇ ▇▇▇▇▇ Group, to any other person or used for any purpose (including in any downstream activities) other than as permitted by this Supply Agreement or with the prior written consent of the Sightholder Applicant.
As detailed in paragraph 2.1 of this Supply Agreement, GSS will determine whether a Sightholder Applicant is eligible to apply for Boxes for supply during the course of the Supply Period, having regard to such Sightholder Applicant’s satisfaction of the Demonstrated Demand Requirements.
Upon UTS’ advanced written approval, UTS will be responsible for premium freight charges required to meeting UTS’ Excess Demand Requirement(s).
Note that satisfaction of the Demonstrated Demand Requirements alone does not determine eligibility to apply for Boxes in accordance with this Supply Agreement.
If at any time unexpected Purchase Orders result in a depletion of the established inventory level (“Excess Demand Requirement(s)”), UTS and EMS will meet to address EMS’ commercially reasonable efforts recovery plan and mutually agreeable solutions to resolve supply chain constraints preventing EMS from meeting UTS’ Excess Demand Requirement(s).
To qualify as a Sightholder (and therefore to qualify for an ITO subject to there being sufficient availability), Applicants, in addition to meeting the Compliance Criteria, must also meet certain demonstrated demand thresholds (“Demonstrated Demand Requirements”), which are set out in Annex 2 – Demonstrated Demand Requirements.