Required Inputs definition
Examples of Required Inputs in a sentence
Subject to an adequate supply of Required Inputs being supplied by Purchaser (pursuant to Sections 2.1 and 2.3 herein), Bayer agrees that it shall provide Products in conformity with the delivery schedule provided by Purchaser to meet those Orders issued by Purchaser, provided that in no event shall Bayer be required to provide Products in excess of any Binding Production Forecast.
Notwithstanding the foregoing, in no event shall Purchaser provide in each calendar year of the Term (other than the Final Term) (a) less than seventy-five percent (75%) of the Required Inputs and (b) less than [***] kilograms of Fraction IV-I Paste manufactured by Purchaser at the Purchaser’s Facility (the “Minimum Bayer IV-I Paste Requirement”) (each as determined after deducting quantities representing Nonconforming Inputs (as defined in Section 6.1 below)).
In providing that volume of Required Inputs meeting those requirements set forth in Section 2.1 above, unless otherwise agreed in writing by the Parties, Purchaser shall during each calendar.
In the event that Purchaser provides less than one hundred percent (100%) of the Required Inputs, then the Binding Production Forecast shall be adjusted to reflect the supply of Inputs provided by Purchaser to Bayer.
If Purchaser does not provide Inputs which constitute Required Inputs and which meet the Input Specifications for any reason, including Force Majeure, for a consecutive period of six (6) months, then the Parties shall negotiate in good faith for a period of three (3) months to amend this Agreement as to direct costs of Bayer as a result of Inputs that do not constitute Required Inputs or do not meet Input Specifications.
Item # Task Description Task Required Inputs Cost per area Cost per qty Total 1.