Common use of Long-Range Forecasts Clause in Contracts

Long-Range Forecasts. Within ninety (90) days after the Effective Date, and by July 1st of each calendar year for the Term or any renewals or extensions thereof, Purchaser shall furnish Aventis with a quarterly long-range forecast of the quantities of each Product that Purchaser intends to order for the shorter of (i) the remaining Term or (ii) three (3) years. Such forecasts shall represent the most current estimates for planning purposes, but shall not be purchase commitments. Such forecasts shall not exceed Aventis’ maximum monthly and annual capacity as set forth in Section 2.6(a), unless a forecast in excess of Aventis’ maximum monthly and annual capacity is mutually agreed to in writing by the parties.

Long-Range Forecasts. Within ninety (90) days after the Effective Date, and by July 1st 1 of each calendar year for thereafter during the Term or any renewals or extensions thereofTerm, Purchaser shall furnish Aventis with a quarterly long-range forecast of the quantities of each Product that Purchaser intends to order for the shorter of (i) the remaining Term or (ii) three (3) years. Such forecasts shall represent the most current estimates for planning purposes, but shall not be purchase commitments. Such forecasts shall not exceed Aventis’ ' maximum monthly and annual capacity as set forth in Section 2.6(a), unless a forecast in excess of Aventis’ ' maximum monthly and annual capacity is mutually agreed to in writing by the parties.