Supply Forecasts Sample Clauses
The Supply Forecasts clause requires one party, typically the buyer, to provide the supplier with advance estimates of the quantities of goods or materials they expect to order over a specified period. These forecasts are usually provided on a rolling basis, such as monthly or quarterly, and may be binding or non-binding depending on the agreement. By establishing a process for sharing anticipated demand, this clause helps suppliers plan production and inventory, reducing the risk of shortages or overstock and ensuring smoother supply chain operations.
Supply Forecasts. Within * after the expiration of each Contract Quarter Wyeth shall provide to Biomatrix an updated * supply forecast (the "Supply Forecast") and the * shall be consistent with the firm purchase orders previously delivered pursuant to Section 7, provided that commencing in * after the U.S. Launch Date Biomatrix's obligation to supply Products under the Supply Forecasts shall not increase * The Supply Forecast shall supersede the Long Range Forecast for any applicable period.
Supply Forecasts. Commencing on the Effective Date, and continuing during the remainder of the term of this Agreement, ASI shall provide to OBI, on a quarterly basis, a twelve (12) month nonbinding rolling forecast of expected orders of Products. Such forecasts shall be consistent with ASI's Minimum Quarterly Order Requirements and with purchase orders provided by ASI to OBI in accordance with this Agreement.
Supply Forecasts. (a) LONG-TERM FORECAST SCHEDULE. E-Z-EM shall deliver to Pharmacyclics such information as will allow Pharmacyclics to meet its obligations under Section 6.1 (a) of the Supply Agreement (or a comparable section of a substantially similar supply agreement) with respect to the Territory. All such information shall be delivered to Pharmacyclics promptly, but in any event no later than 30 days prior to the date Pharmacyclics is obligated to deliver corresponding information to Burr▇▇▇▇▇ ▇▇▇lcome (or a comparable supplier). * INDICATES THAT MATERIAL HAS BEEN OMITTED AND CONFIDENTIAL TREATMENT HAS BEEN REQUESTED THEREFOR. ALL SUCH OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION PURSUANT TO RULE 24b-2.
Supply Forecasts. Pineworld will provide Histogen with the following not less than nine (9) months prior to First Commercial Sale:
(i) A 3-year nonbinding forecast, updated annually.
(ii) An annual forecast updated 180 days prior to the commencement of each calendar year (the “Annual Target”), where the following shall apply:
1. Pineworld shall be required to purchase more than 80% of the amount forecasted in the Annual Target.
2. Each Annual Target shall include quarterly forecasts for shipments, so as to guide Histogen’s production and manufacturing timing of the Product each quarter.
3. In the event more than 80% of the Annual Target is not purchased by Pineworld in a calendar year, Pineworld agrees to pay Histogen an amount equal to 50% of the dollar value difference between: (x) the actual purchases by Pineworld in said calendar year, and (y) the minimum purchases required to have exceeded 80% of the Annual Target. Such payment shall be made within 60 days of the end of the calendar year.
Supply Forecasts. On or before the Effective Date, and thereafter on or before the last day of each calendar quarter, [PARTY B] will send [PARTY A] a Supply Forecast. The Supply Forecast will be a binding commitment on [PARTY B]'s behalf to purchase during the first quarter included in each Supply Forecast at least [MINIMUM PRODUCT PURCHASE PERCENTAGE]% of the quantity of the listed Product.
Supply Forecasts. During the Term, JV shall provide to Medifocus, on a quarterly basis, a six-month forecast of expected orders of each Product beginning with the month following the month in which the forecast is delivered.
Supply Forecasts. During the Term, Distributor shall provide to Supplier, on a calendar quarterly basis, within two (2) weeks after the first day of the current calendar quarter, a twelve-month rolling forecast of expected orders of Products beginning with the month following the month in which the forecast is delivered (the “Supply Forecast”), with the first Supply Forecast to be delivered to Supplier on or before thirty (30) days following the Effective Date. The forecast for the first two (2) months in each Supply Forecast shall be binding on both parties with respect to the Products described therein for such months, and the remainder of the Supply Forecast shall be non-binding on both parties. In the event that the Supply Forecast involves an increase of more than one and one-half (1.5) times the Supply Forecast of the previous calendar quarter, it shall be subject to acceptance by Supplier, which acceptance shall not be unreasonably delayed or withheld.
Supply Forecasts. CLIENT shall make a Long-Term Forecast which shall be revised on a rolling basis on the 1st of each [***]. The Long-Term Forecast shall state the total demand for Products. MANUFACTURING AND CLIENT shall [***] send [***] rolling Firm Orders. The total number of Products to be delivered [***] must be specified in the [***] Firm Order. If Product includes country-specific packaging, the Firm Orders shall also state the expected distribution per Country-Specific Variant - but orders for Country Specific Variants need only to be firm [***] before shipment of agreed upon quantities. The [***]. A mechanism for increasing order size beyond the capacity of [***] to be agreed upon between the parties.
Supply Forecasts. On or before the [*****] after the Effective Date, Sandoz shall provide Anacor a good faith [*****] rolling forecast of anticipated orders of the Product to be placed during each such [*****] (each, a “Forecast”). The first Forecast and proposed delivery dates [*****]. Each order must be in increments of [*****] and for at least [*****] and at least [*****]. [*****]. The first [*****] of each such Forecast shall be a binding commitment on Sandoz to place purchase orders, in each [*****], to order at least the amount of Product specified. The remaining [*****] of each such Forecast (i.e., [*****]) shall otherwise be non-binding. As part of such orders and purchases, Sandoz shall purchase [*****] quantities of conforming Product [*****] during the [*****] period of time following the Effective Date, which quantities of such Product meet the requirements and standards provided for in this Agreement and the Quality Agreement, including applicable expiration dating set forth in Section 7.7(g).
Supply Forecasts. Six months prior to the initial launch of a Product, BSC shall submit to Osiris a non-binding, 12-month rolling forecast representing the total quantity of Product BSC expects to order on a monthly basis beginning on the initial launch of the Product (“Product Forecast”). Starting three months prior to planned launch, this Product Forecast will be updated monthly. For example, if launch is expected on January 1, 2008, BSC, on July 1, 2007, will submit a Product Forecast covering the period January 1, 2008 through December 31,2008. On October 1, 2007, BSC will submit the revised Product Forecast for the period January 1, 2008 through December 31, 2008. On November 1, 2007, BSC will submit the 12-month forecast for the period February 1, 2008 through January 31, 2009 and so on. Three months prior to a Purchase Order for any given month, BSC shall provide a final forecast for that month. The Purchase Order for that month may be no more than one hundred twenty percent (120%) and no less than fifty percent (50%) of the final forecast for that month. For example, using the dates above, on October 1, 2007, BSC would submit a final forecast for January of 2008. If that final forecast is ten units, the December 1,2007 Purchase Order would be for, between five and twelve units as BSC would be obligated to purchase at least five units and Osiris would be obligated to deliver no more than twelve units. On November 1, 2007, the final forecast for February 2008 would be submitted and so on.
