Firm Period definition
Examples of Firm Period in a sentence
The first three (3) months of each such updated Forecast (beginning with the fifth month of the first Forecast period for each Product) shall be firm and shall be accompanied by Orders for the Products in the additional month of the Firm Period.
To accommodate Manufacturer's production scheduling, the total Products ordered for any three (3)-month or six (6)-month Firm Period will be limited to a twenty percent (20%) maximum aggregate increase or twenty percent (20%) maximum decrease in Units relative to the projection for such Firm Period contained in the Forecast provided to Manufacturer for such Firm Period, unless otherwise agreed by the Parties in writing.
Genzyme shall submit to BioMarin an Order with each rolling fifteen-month forecast covering the Firm Period reflected in each such forecast.
The Purchase Orders shall be written and sent by fax, e-mail or other agreed method, no less than ten weeks in advance of requested delivery date, and for such quantities of Product as described in the Firm Period Forecast.
Licensee shall accompany its monthly update of the Forecast with a Purchase Order for each Firm Period for which Product has not been previously ordered or for which additional Product is required; provided, that in the event the Forecast contains a binding forecast for Launch Stocks pursuant to Section 4.4, the Purchase Order shall also contain an order for the Launch Stocks.