Common use of Monthly Forecast Clause in Contracts

Monthly Forecast. Beginning not less than [*] after ISTA submits the NDA for the Product to the FDA, and thereafter on the first day of each month, ISTA will deliver to BLP a rolling forecast of its estimated need for Product for the following [*] period (each, a "Rolling Forecast"). The quantities of Product to be delivered in the first [*] of each Rolling Forecast shall be a binding, firm order for Product ("Firm Order") and the remainder of the Rolling Forecast shall be for advisory purposes only and non-binding.

Monthly Forecast. Beginning not less than [*] after ISTA submits the NDA for the Product to the FDA, and thereafter on the first day of each month, ISTA will deliver to BLP a rolling forecast of its estimated need for Product for the following [*] period (each, a "Rolling Forecast"). The quantities of Product to be delivered in the first [*] of each Rolling Forecast shall be a binding, firm order for Product ("Firm Order") and the remainder of the Rolling Forecast shall be for advisory purposes only and non-binding.