Commercial Forecast definition

Commercial Forecast shall have the meaning set forth in Section 3.1 hereof.

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Commercial Forecast has the meaning set forth in Section 4.1.

Commercial Forecast shall have the meaning set forth in Section 2.2.5.

Examples of Commercial Forecast in a sentence

• No later than one hundred twenty (120) days prior to the anticipated date of the First Commercial Sale, Celltech shall provide Orphan Medical with the initial Commercial Forecast which shall cover the five (5) calendar quarters commencing with and including the calendar quarter in which the First Commercial Sale is expected to occur.

• The quantities of Product for the first calendar quarter of each Commercial Forecast shall be firm and Celltech shall be obligated to submit purchase orders in respect thereof.

• The Commercial Forecast shall cover each of the next succeeding [***].

• The quantities of Product for the remaining four (4) calendar quarters in each Commercial Forecast shall be non-binding estimates based on Celltech’s reasonable business judgment.

• Paratek shall place purchase orders for at least the quantity of each Product specified in the first [* * *] of each such Rolling Clinical Forecast or Rolling Commercial Forecast (such period, the “Firm Forecast Period”) and the remaining [* * *] of such forecast shall be a good faith estimate.

• After delivery of the initial Commercial Forecast, the Commercial Forecast shall be updated by Company on a calendar quarterly basis, which update shall include the next successive calendar quarter added to the last period of the previous Commercial Forecast.

• The first [*] of Scheduled Batch Completion Dates in each Commercial Forecast shall be binding (the "Post-Commercialization Firm Order").

• Each Rolling Commercial Forecast will consist of (i) Firm Order for Product for [***] forecast, and (ii) non-binding forecasted demands for Product for the subsequent [***].

• Each Commercial Forecast after the first (i) shall cover the [ * ] calendar quarters commencing with the second calendar quarter of the preceding Commercial Forecast (ii) shall be delivered to Jazz Pharmaceuticals at least [ * ] days prior to the first day of such [ * ] calendar quarter period and (iii) without Jazz Pharmaceuticals’ written consent may not forecast an aggregate quantity of Products that is more than [ * ] the aggregate quarterly forecast in the preceding Commercial Forecast.

• Further, SAFC shall provide reasonable assurance in writing to Company of SAFC’s ability and capacity to meet not less than [***] of the then current non-binding portion of the Commercial Forecast (as updated from time to time by Company) (“Commercial Assurance”).

More Definitions of Commercial Forecast

Commercial Forecast has the meaning set forth in Annex 4.

Commercial Forecast shall have the meaning set forth in Section 3.1 hereof. 1.8 “Compliance Level” shall have the meaning set forth in Section 2.9(b) hereof. 1.9 “Confidential Information” shall mean all the technical information, whether tangible or intangible, including (without limitation) any and all data, techniques, discoveries, inventions, processes, know-how, patent applications, inventor certificates, trade secrets, methods of production and other proprietary information, that either Party or any Affiliate of a Party has ownership rights to (as either owner, licensee or sub-licensee), or may hereafter obtain rights. 1.10 “Current Good Manufacturing Practices” or “cGMP” shall mean the FDA’s current good manufacturing practices, as first published in the Federal Register and then specified in the Code of Federal Regulations and FDA’s guidance documents, applicable to the manufacture of SGD-1006 and all successor regulations and guidance documents thereto, as well as the comparable practices, regulations and documents of any other comparable Regulatory Agency, as in effect from time to time, including the guidance document developed by the International Conference on Harmonization known as “Q7A Good Manufacturing Practice Guidance”. 1.11 “Deviation” shall have the meaning set forth in the Quality Agreement. 1.12 “EMA” shall mean the European Medicines Agency of the European Union. [ * ] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Commercial Supply - SGD-1006 2 SAFC Rev May 2006