Supply Constraint definition

Supply Constraint means a materials or capacity constraint that could adversely affect the JVC’s ability to meet the quantity requirements specified in the Purchaser Order, and/or Monthly Demand Allocation for Products.
View Source
Supply Constraint means a materials or capacity constraint that could adversely affect Supplier’s ability to meet Sun’s Forecast and upside requirements for Products or the components thereof.
View Source
Supply Constraint has the meaning set forth in Section 7.9.
View Source

Examples of Supply Constraint in a sentence

  • In the event of a Supply Constraint that results in Company failing to supply at least [***], Licensee may request in writing that Company prepare a corrective action plan within five (5) Business Days of such request that sets forth the reactive and proactive steps reasonably necessary to mitigate the Supply Constraint.

  • In the event of a Supply Constraint, Company shall not de-prioritize the supply of Licensed Product to Licensee as compared to itself or any other customer.

  • Either Party shall promptly notify the other Party of any material supply constraint (other than a Recall) which such Party reasonably expects will impact Company’s ability to supply Licensed Product in volumes consistent with the Firm Orders ( “Supply Constraint”), and Company and Licensee shall discuss in good faith whether such Supply Constraint exists and, if so, any strategies to mitigate the Supply Constraint.