Common use of Forecasting and Order Process Clause in Contracts

Forecasting and Order Process. 6.2.1 For Phase I no later than [***], and for Phase II no later than [***], unless otherwise agreed by the Parties, Client will provide to CBSW a forecast of Client's monthly requirements of commercial Product to be delivered under this Agreement during the [***] period starting with the Commencement Date. Client will provide an updated [***] rolling forecast no later than [***]. CBSW will notify Client if any portion of the forecast exceeds CBSW's production capacity. The quantities of Product set forth in the first [***] months contained in any such forecast will be firm and binding on both Parties, so long as CBSW has not previously notified Client that the forecast for such [***] month period exceeds CBSW's production capacity, subject to Section 6.2.2. The quantities of Product set forth in the [***] months in any such forecast will be non-binding good faith estimates of Client's commercial Product requirements to be delivered under this Agreement.

Appears in 4 contracts

Samples: Therapy Manufacturing Agreement (Ortec International Inc), Ortec International Inc, Ortec International Inc

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