Binding Six Month Forecast definition

Binding Six Month Forecast has the meaning set forth in Section 3.1.1.
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Examples of Binding Six Month Forecast in a sentence

  • Emergent shall accept timely Purchase Orders that are in conformance with the applicable Feasibility Opinion, and Emergent shall use commercially reasonable efforts to accept Purchase Orders in excess of the Binding Six Month Forecast.

  • The Project Managers, or their designees within each Party’s supply chain organization management, shall meet monthly in person or by teleconference to discuss the Forecast and the Binding Six Month Forecast and the Semi-Binding Forecast.

  • By the end of each month thereafter, Aptevo will provide a new Forecast for the twenty-four (24) months commencing with the very next calendar month (a rolling forecast), the first six (6) months of which shall be a Binding Six Month Forecast and months seven (7) through nine (9) of which will be a Semi-Binding Forecast.

  • At the end of each month, Aptevo shall pay the Manufacturing Fee for any amount of Product that was forecasted for such month under a Binding Six Month Forecast but neither purchased under a Purchase Order for such month nor canceled pursuant to this Section 3.1.3.

  • If Aptevo does not provide a new Forecast by the end of a month, the last Forecast provided shall become the new and most recent Forecast, and the Binding Six Month Forecast shall be comprised of the second through seventh months of the prior Forecast and the Semi-Binding Forecast shall be comprised of the eighth through tenth months of the prior Forecast.

  • At the end of each [****], Aptevo shall pay the Manufacturing Fee for any amount of Product that was forecasted for such [****]under a Binding Six Month Forecast but neither purchased under a Purchase Order for such [****] nor canceled pursuant to this Section 3.1.3.

  • If Aptevo does not provide a new Forecast by the end of a [****], the last Forecast provided shall become the new and most recent Forecast, and the Binding Six Month Forecast shall be comprised of the second through [****] of the prior Forecast and the Semi-Binding Forecast shall be comprised of the eighth through [****] of the prior Forecast.

  • By the [****]thereafter, Aptevo will provide a new Forecast for the [****]commencing with the very next calendar [****] (a rolling forecast), the [****]of which shall be a Binding Six Month Forecast and [****]of which will be a Semi-Binding Forecast.

Related to Binding Six Month Forecast

  • Rolling Forecast has the meaning set forth in Section 4.2.

  • Forecast means a statement of expected meteorological conditions for a specified time or period, and for a specified area or portion of airspace;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.