Common use of Product Forecast Clause in Contracts

Product Forecast. During the term of the Agreement, Recipient shall deliver to Supplier a non-binding forecast of Recipient’s good faith estimate of its anticipated purchases of Products during the following twelve (12) months (a “Product Forecast”) which Recipient shall update each month thereafter no later than the last business day of each month during the term of the Agreement. Each such Product Forecast shall be prepared in good faith and include, to the extent reasonably practical, a breakdown of the specific quantity of each such Product that Recipient plans to order during each month during the applicable twelve (12) month period.

Appears in 4 contracts

Samples: Transition Contract Manufacturing Agreement (3m Co), Transition Contract Manufacturing Agreement (Solventum Corp), Transition Contract Manufacturing Agreement (Solventum Corp)

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