Examples of Forecast Date in a sentence
The Borrowing Base Amount shall be determined on each Forecast Date pursuant to a Forecast prepared in accordance with the Forecasting Procedures.
The Forecast for deliveries occurring in the calendar quarters beginning nine (9) months, twelve (12) months, fifteen (15) months, eighteen (18) months and twenty-one (21) months after the Forecast Date shall be non-binding (see Schedule 7.6 for Forecast methodology).
The Forecast for deliveries occurring in the calendar quarter beginning six (6) months after the Forecast Date shall provide for quantities no less than seventy-five percent (75%), and no more than one hundred twenty five percent (125%), of the quantities contained in the Forecast for such quarter given one quarter earlier.
Each such Purchase Order shall provide for aggregate quantities for delivery in such quarter that are no less than seventy-five percent (75%), and no more than one hundred twenty five percent (125%), of the quantities contained in the Forecast for such quarter given one (1) quarter earlier than the Forecast Date on which such Purchase Order is placed (see Schedule 7.6 for Forecast methodology).
Commencing [*] before the anticipated Launch in the first (1st) Tibotec Country where Tibotec will be selling the Major Market Combination Product, Tibotec shall submit to Gilead a Forecast of the quantity of Major Market Combination Product that Tibotec expects to order for [*] following the applicable Forecast Date.
Beginning with the first day of the month of the first Product delivery and prior to the first day of each subsequent month, Chiron shall update its prior forecast by extending the forecast to cover a period of not less than 12 months beyond the date of Gen-Probe's receipt of the updated forecast (which date is referred to as the "Forecast Date").
Any excess standing to the credit of such account on any Forecast Date shall be released and may be withdrawn by the Borrower and applied for any purpose as it sees fit (without reference to the Cash Waterfall) provided that prior to being paid into such account none of the Secured Parties had any rights to such amounts (if any Secured Parties had any rights to such amount, such amount shall be paid into an Offshore Proceeds Account).
In the event a Purchase Order for quantities in the calendar quarter beginning three (3) months from the Forecast Date is not received at least ninety-five (95) days before the desired delivery date, the amount forecasted for such calendar month in the last delivered Forecast shall be deemed a Purchase Order.
Thereafter, at least thirty (30) days prior to each anniversary of the Forecast Date, Buyer and Seller shall meet to discuss, and develop in good faith a twelve (12) month forecast of Buyer’s expected requirements for the Products for the twelve (12) months following such anniversary of the Forecast Date.
In the event VIASPACE fails to furnish a Forecast within five (5) days after any Forecast Date, the then current Forecast shall apply until changed at a subsequent Forecast Date (on a ‘rolled-forward’ basis, with the new twelfth (12th) month of the Forecast being the quantity of the ‘rolled-forward’ eleventh (11th) month).