{"component": "clause", "props": {"groups": [{"size": 2, "snippet": "The quantities of Product identified in Table 1 in Exhibit B represent the Parties\u2019 current binding commitment (the \u201cBinding Forecast\u201d) for the manufacture and purchase of [***] Batches of bulk drug substance (\u201cDS\u201d) and [***] Batches of drug product (\u201cDP\u201d) distributed during each calendar quarter of 2018 at the prices agreed in the Proposal. The volumes of [***] Batches of DS and [***] Batch of DP specifically set forth in Table 2 of Exhibit 2 correspond to the minimum quantities for 2018 (the \u201cMinimum Quantities\u201d). Upon execution of this LOI, Immunomedics shall issue separate purchase orders (each a \u201cPurchase Order\u201d) for the Minimum Quantities of Product and for the Material Costs (as defined below in Section 5). The Purchase Order shall specify each manufacturing dates within such calendar quarter respectively for DS or DP, as set forth in Table 1. As used herein, \u201cBatch\u201d with respect to DS shall mean theoretical [***] Liters (10mg/mL per vial) and \u201cBatch\u201d with respect to DP shall mean theoretical [***] vials.", "snippet_links": [{"key": "the-quantities", "type": "clause", "offset": [0, 14]}, {"key": "table-1", "type": "definition", "offset": [40, 47]}, {"key": "exhibit-b", "type": "definition", "offset": [51, 60]}, {"key": "the-parties", "type": "definition", "offset": [71, 82]}, {"key": "binding-commitment", "type": "definition", "offset": [92, 110]}, {"key": "purchase-of", "type": "clause", "offset": [160, 171]}, {"key": "bulk-drug-substance", "type": "definition", "offset": [189, 208]}, {"key": "drug-product", "type": "definition", "offset": [237, 249]}, {"key": "calendar-quarter", "type": "definition", "offset": [281, 297]}, {"key": "the-proposal", "type": "clause", "offset": [330, 342]}, {"key": "in-table-2", "type": "clause", "offset": [424, 434]}, {"key": "exhibit-2", "type": "definition", "offset": [438, 447]}, {"key": "minimum-quantities", "type": "definition", "offset": [466, 484]}, {"key": "for-2018", "type": "clause", "offset": [485, 493]}, {"key": "upon-execution", "type": "clause", "offset": [522, 536]}, {"key": "purchase-orders", "type": "clause", "offset": [584, 599]}, {"key": "material-costs", "type": "definition", "offset": [676, 690]}, {"key": "section-5", "type": "definition", "offset": [712, 721]}, {"key": "the-purchase-order", "type": "definition", "offset": [724, 742]}, {"key": "for-ds", "type": "clause", "offset": [824, 830]}, {"key": "with-respect-to", "type": "clause", "offset": [887, 902]}], "samples": [{"hash": "buFhQiCoBG0", "uri": "/contracts/buFhQiCoBG0#binding-forecast", "label": "Letter of Intent (Immunomedics Inc)", "score": 27.9281311035, "published": true}, {"hash": "guxCGaSC2XZ", "uri": "/contracts/guxCGaSC2XZ#binding-forecast", "label": "Letter of Intent (Immunomedics Inc)", "score": 27.6406574249, "published": true}], "hash": "26448113f24be10d5ff1d3e9dd331fad", "id": 1}, {"size": 2, "snippet": "At least six (6) months prior to the date of delivery, AMVAC shall submit a binding order for Product. AMVAC is responsible for variable costs to the extent reasonably incurred in reliance on such forecast, changes that are made thereto, and other direction given to BASF from time to time. BASF agrees that to the extent reasonably practicable, it will provide AMVAC with a best estimate of forecast changes and the potential impact on scheduled production as a result of other directions made by AMVAC.", "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [24, 36]}, {"key": "date-of-delivery", "type": "definition", "offset": [37, 53]}, {"key": "binding-order", "type": "clause", "offset": [76, 89]}, {"key": "responsible-for", "type": "clause", "offset": [112, 127]}, {"key": "variable-costs", "type": "clause", "offset": [128, 142]}, {"key": "to-the-extent", "type": "clause", "offset": [143, 156]}, {"key": "reliance-on", "type": "clause", "offset": [180, 191]}, {"key": "from-time-to-time", "type": "clause", "offset": [272, 289]}, {"key": "will-provide", "type": "clause", "offset": [349, 361]}, {"key": "best-estimate", "type": "definition", "offset": [375, 388]}, {"key": "potential-impact", "type": "clause", "offset": [417, 433]}, {"key": "scheduled-production", "type": "definition", "offset": [437, 457]}], "samples": [{"hash": "a4RygYMZNjh", "uri": "/contracts/a4RygYMZNjh#binding-forecast", "label": "Manufacturing Agreement", "score": 31.3408622742, "published": true}, {"hash": "7ZrahmNgLTQ", "uri": "/contracts/7ZrahmNgLTQ#binding-forecast", "label": "Manufacturing and Shared Service Agreement (American Vanguard Corp)", "score": 21.0, "published": true}], "hash": "f16c643742a8323564d9532a599ec77d", "id": 4}, {"size": 1, "snippet": "(a) With respect to each Rolling Forecast, the first [***] of such Rolling Forecast (the \u201cBinding Forecast\u201d) shall be a binding commitment on Partner to purchase the Products described in such Rolling Forecast; provided that the quantity of Products projected to be purchased during the [***] may only be adjusted by Partner in subsequent Rolling Forecasts [***] (the \u201cCollar\u201d). Partner shall be required to issue a Purchase Order for [***] of the quantities of such Products described in the Binding Forecast (the \u201cCommitment Amount\u201d); and the quantities of Products described in the remaining [***] in the Rolling Forecast shall be non-binding and for planning purposes only (subject to the Collar).\n(b) Upon progression of the Product to the next clinical phase of development or commercialization, to the extent a material change in demand is reasonably anticipated, at the request of either Party, the Parties will renegotiate the Binding Forecast structure in good faith.\n(c) Within [***] of receipt of a Rolling Forecast, Cellares shall notify Partner if Cellares has a [***] belief that Cellares\u2019 manufacturing capacity will be insufficient to meet the forecasted quantities reflected in the non-binding portion of such Rolling Forecast. and shall use good faith efforts to accept such Rolling Forecast. Once accepted, the Binding Forecast will be a binding commitment on Cellares to manufacture the Products and a binding commitment by Partner to issue a Purchase Order(s) to purchase such Products. Notwithstanding anything to the contrary, Cellares will accept any Rolling Forecast that falls within the applicable Minimum Capacity and the Commitment Amount and otherwise is compliant with this Article 6.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [4, 19]}, {"key": "binding-commitment", "type": "definition", "offset": [120, 138]}, {"key": "the-products", "type": "clause", "offset": [162, 174]}, {"key": "provided-that", "type": "definition", "offset": [211, 224]}, {"key": "quantity-of-products", "type": "clause", "offset": [229, 249]}, {"key": "by-partner", "type": "clause", "offset": [314, 324]}, {"key": "rolling-forecasts", "type": "clause", "offset": [339, 356]}, {"key": "to-issue", "type": "clause", "offset": [405, 413]}, {"key": "a-purchase-order", "type": "definition", "offset": [414, 430]}, {"key": "the-quantities", "type": "clause", "offset": [444, 458]}, {"key": "planning-purposes", "type": "clause", "offset": [654, 671]}, {"key": "subject-to-the", "type": "definition", "offset": [678, 692]}, {"key": "phase-of-development", "type": "definition", "offset": [759, 779]}, {"key": "to-the-extent", "type": "clause", "offset": [802, 815]}, {"key": "change-in", "type": "definition", "offset": [827, 836]}, {"key": "request-of-either-party", "type": "clause", "offset": [878, 901]}, {"key": "the-parties-will", "type": "clause", "offset": [903, 919]}, {"key": "in-good-faith", "type": "clause", "offset": [963, 976]}, {"key": "receipt-of-a", "type": "clause", "offset": [998, 1010]}, {"key": "manufacturing-capacity", "type": "clause", "offset": [1105, 1127]}, {"key": "forecasted-quantities", "type": "clause", "offset": [1161, 1182]}, {"key": "the-non", "type": "clause", "offset": [1196, 1203]}, {"key": "binding-portion", "type": "definition", "offset": [1204, 1219]}, {"key": "good-faith-efforts", "type": "definition", "offset": [1260, 1278]}, {"key": "to-manufacture", "type": "definition", "offset": [1389, 1403]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [1509, 1549]}, {"key": "minimum-capacity", "type": "clause", "offset": [1626, 1642]}, {"key": "the-commitment-amount", "type": "clause", "offset": [1647, 1668]}, {"key": "article-6", "type": "definition", "offset": [1706, 1715]}], "samples": [{"hash": "gCuYaGc5rbe", "uri": "/contracts/gCuYaGc5rbe#binding-forecast", "label": "Development and Manufacturing Services Agreement (Cabaletta Bio, Inc.)", "score": 37.2217659138, "published": true}], "hash": "f09a60c62881d321e9b7122ede121dda", "id": 8}, {"size": 1, "snippet": "Buyer shall provide Seller a rolling [*****] forecast for both Terneuzen and Boehlen provided at least [*****] before the end of each [*****]. The first month of any rolling [*****] forecast is binding (\u201cBinding Forecast\u201d). If Buyer fails to purchase the volume of Product provided in the Binding Forecast (for reasons other than (a) as provided in Section 8 of the Dow H&E GENERAL TERMS AND CONDITIONS, (b) a failure of Seller to deliver product in accordance with the quality specifications, (c) non purchases of Product occurs at the fault of Seller, or (d) for any reasons set forth in Sections 13 or 14 of this Contract), then Buyer shall pay the Price of Product multiplied by the difference in metric tons between the Binding Forecast for Terneuzen or Boehlen, as applicable, and the quantity of Product actually purchased by Buyer in the applicable calendar month.", "snippet_links": [{"key": "buyer-shall", "type": "clause", "offset": [0, 11]}, {"key": "seller-a", "type": "definition", "offset": [20, 28]}, {"key": "first-month", "type": "definition", "offset": [147, 158]}, {"key": "product-provided", "type": "clause", "offset": [265, 281]}, {"key": "section-8", "type": "definition", "offset": [349, 358]}, {"key": "general-terms-and-conditions", "type": "definition", "offset": [374, 402]}, {"key": "seller-to-deliver", "type": "clause", "offset": [421, 438]}, {"key": "in-accordance-with", "type": "definition", "offset": [447, 465]}, {"key": "quality-specifications", "type": "clause", "offset": [470, 492]}, {"key": "purchases-of-product", "type": "clause", "offset": [502, 522]}, {"key": "this-contract", "type": "definition", "offset": [611, 624]}, {"key": "price-of-product", "type": "definition", "offset": [652, 668]}, {"key": "metric-tons", "type": "definition", "offset": [701, 712]}, {"key": "quantity-of-product", "type": "clause", "offset": [791, 810]}, {"key": "by-buyer", "type": "clause", "offset": [830, 838]}, {"key": "the-applicable", "type": "clause", "offset": [842, 856]}, {"key": "calendar-month", "type": "definition", "offset": [857, 871]}], "samples": [{"hash": "9VfItAmpdj1", "uri": "/contracts/9VfItAmpdj1#binding-forecast", "label": "Ethylene Sales Contract (Styron Investment Holdings Ireland)", "score": 21.9589328766, "published": true}], "hash": "9c99b951bc4ceaacd79944d92350695b", "id": 7}, {"size": 2, "snippet": "Orders in Excess of Forecast. * * *.", "snippet_links": [], "samples": [{"hash": "ikeMwhintaB", "uri": "/contracts/ikeMwhintaB#binding-forecast", "label": "Master Distribution Agreement (Bluearc Corp)", "score": 22.4757022858, "published": true}, {"hash": "3UT6YxhDSin", "uri": "/contracts/3UT6YxhDSin#binding-forecast", "label": "Master Distribution Agreement (Bluearc Corp)", "score": 21.0, "published": true}], "hash": "c3b0e740b90cd0ca4911639d2f0bd2c5", "id": 6}, {"size": 2, "snippet": "Buyer shall provide Seller a [*****] (\u201cBinding Forecast\u201d). If Buyer fails to purchase the volume of Product provided in the Binding Forecast (for reasons other than (a) as provided in Section 8 of the Dow H&E GENERAL TERMS AND CONDITIONS, (b) a failure of Seller to deliver product in accordance with the quality specifications, (c) non-purchases of Product occurs at the fault of Seller, or (d) for any reasons set forth in Sections 18, 19, or 20 of this Contract), then Buyer shall pay the Price of Product multiplied by the difference in metric tons between the Binding Forecast and the quantity of Product actually purchased by Buyer in the applicable calendar month.", "snippet_links": [{"key": "buyer-shall", "type": "clause", "offset": [0, 11]}, {"key": "seller-a", "type": "definition", "offset": [20, 28]}, {"key": "product-provided", "type": "clause", "offset": [100, 116]}, {"key": "section-8", "type": "definition", "offset": [184, 193]}, {"key": "general-terms-and-conditions", "type": "definition", "offset": [209, 237]}, {"key": "seller-to-deliver", "type": "clause", "offset": [256, 273]}, {"key": "in-accordance-with", "type": "definition", "offset": [282, 300]}, {"key": "quality-specifications", "type": "clause", "offset": [305, 327]}, {"key": "purchases-of-product", "type": "clause", "offset": [337, 357]}, {"key": "this-contract", "type": "definition", "offset": [451, 464]}, {"key": "price-of-product", "type": "definition", "offset": [492, 508]}, {"key": "metric-tons", "type": "definition", "offset": [541, 552]}, {"key": "quantity-of-product", "type": "clause", "offset": [590, 609]}, {"key": "by-buyer", "type": "clause", "offset": [629, 637]}, {"key": "the-applicable", "type": "clause", "offset": [641, 655]}, {"key": "calendar-month", "type": "definition", "offset": [656, 670]}], "samples": [{"hash": "8pvzN5OR3xC", "uri": "/contracts/8pvzN5OR3xC#binding-forecast", "label": "Sales Contract (Styron Canada ULC)", "score": 22.7453804016, "published": true}, {"hash": "aG7Mijji1JK", "uri": "/contracts/aG7Mijji1JK#binding-forecast", "label": "Sales Contract (Trinseo S.A.)", "score": 20.483915329, "published": true}], "hash": "968c39f22fcca89c39dcc2444bc9c8ab", "id": 5}, {"size": 1, "snippet": "On or before [**], and on the [**] thereafter, Customer shall submit to Brammer a rolling [**] Batch forecast of Customer\u2019s anticipated demand for Product (each, a \u201cForecast\u201d). The [**] of any Forecast shall be binding and non-cancellable by Customer once accepted by Brammer (the \u201cBinding Forecast\u201d), provided always that Brammer may only object to any Binding Forecast if it would result in Customer exceeding the Maximum Purchase Commitment in such Calendar Year. In the event that Brammer is unable to accept any changes by Customer to the prior [**] Forecast, Brammer will notify Customer within [**] of receiving the amended Binding Forecast and propose a reasonable alternative to meet Customer\u2019s needs.", "snippet_links": [{"key": "customer-shall", "type": "clause", "offset": [47, 61]}, {"key": "submit-to", "type": "definition", "offset": [62, 71]}, {"key": "of-customer", "type": "clause", "offset": [110, 121]}, {"key": "accepted-by", "type": "clause", "offset": [256, 267]}, {"key": "provided-always-that", "type": "clause", "offset": [302, 322]}, {"key": "maximum-purchase-commitment", "type": "definition", "offset": [416, 443]}, {"key": "calendar-year", "type": "definition", "offset": [452, 465]}, {"key": "in-the-event", "type": "clause", "offset": [467, 479]}, {"key": "changes-by-customer", "type": "clause", "offset": [517, 536]}, {"key": "reasonable-alternative", "type": "definition", "offset": [662, 684]}], "samples": [{"hash": "45d1fMJuT5g", "uri": "/contracts/45d1fMJuT5g#binding-forecast", "label": "Dedicated Manufacturing and Commercial Supply Agreement (Freeline Therapeutics Holdings LTD)", "score": 31.5215606689, "published": true}], "hash": "eec36fdfcd53364fd076704e0008400e", "id": 9}, {"size": 2, "snippet": "The first ***(***) months of each Rolling Forecast shall be a binding commitment on the Company and Supplier, subject in each case to availability of Procurement Quota and Manufacturing Quota as set forth in Article 15 (each a \u201cBinding Forecast\u201d), and Company shall deliver a Purchase Order with respect thereto pursuant to Article 5. With respect to any Rolling Forecast submitted hereunder, the quantity of Product(s) that becomes a binding commitment with respect to the *** (***) month in such Rolling Forecast may not deviate by more than *** (***) from the quantity of Product(s) forecast for the same in the *** (***) month in the immediately prior Rolling Forecast as submitted, or resubmitted and agreed to, as set forth in the immediately preceding paragraph. The amount of Products forecasted for the remaining months of each Rolling Forecast are for planning purposes and shall not constitute a commitment to supply or purchase Product (it being understood that amounts forecasted in a Rolling Forecast shall eventually become binding under this Section 4.2 in accordance with the forecasting requirements of Section 4.1).", "snippet_links": [{"key": "rolling-forecast", "type": "definition", "offset": [34, 50]}, {"key": "binding-commitment", "type": "definition", "offset": [62, 80]}, {"key": "the-company", "type": "definition", "offset": [84, 95]}, {"key": "each-case", "type": "definition", "offset": [121, 130]}, {"key": "availability-of", "type": "clause", "offset": [134, 149]}, {"key": "procurement-quota", "type": "definition", "offset": [150, 167]}, {"key": "manufacturing-quota", "type": "definition", "offset": [172, 191]}, {"key": "article-15", "type": "definition", "offset": [208, 218]}, {"key": "and-company", "type": "clause", "offset": [248, 259]}, {"key": "a-purchase-order", "type": "definition", "offset": [274, 290]}, {"key": "pursuant-to-article-5", "type": "clause", "offset": [312, 333]}, {"key": "with-respect-to", "type": "clause", "offset": [335, 350]}, {"key": "quantity-of", "type": "clause", "offset": [397, 408]}, {"key": "agreed-to", "type": "definition", "offset": [706, 715]}, {"key": "remaining-months", "type": "definition", "offset": [812, 828]}, {"key": "planning-purposes", "type": "clause", "offset": [862, 879]}, {"key": "commitment-to-supply", "type": "clause", "offset": [907, 927]}, {"key": "section-42", "type": "clause", "offset": [1058, 1069]}, {"key": "in-accordance-with", "type": "definition", "offset": [1070, 1088]}, {"key": "forecasting-requirements", "type": "clause", "offset": [1093, 1117]}, {"key": "section-41", "type": "clause", "offset": [1121, 1132]}], "samples": [{"hash": "eGPS3p4wnbf", "uri": "/contracts/eGPS3p4wnbf#binding-forecast", "label": "Supply Agreement", "score": 31.3408622742, "published": true}, {"hash": "327z2AuWzVC", "uri": "/contracts/327z2AuWzVC#binding-forecast", "label": "Supply Agreement (Endo Pharmaceuticals Holdings Inc)", "score": 23.3299102783, "published": true}], "hash": "bd044400f55ecd87524d7a7c42696946", "id": 3}, {"size": 2, "snippet": "[*****]. If Buyer fails to purchase the volume of Product provided in the Binding Forecast (for reasons other than (a) as provided in Section 8 of the Dow H&E GENERAL TERMS AND CONDITIONS, (b) a failure of Seller to deliver product in accordance with the quality specifications, (c) non purchases of Product occurs at the fault of Seller, or (d) for any reasons set forth in Sections 13 or 14 of this Contract), then Buyer shall pay the Price of Product multiplied by the difference in metric tons between the Binding Forecast for Terneuzen or Boehlen, as applicable, and the quantity of Product actually purchased by Buyer in the applicable calendar month.", "snippet_links": [{"key": "product-provided", "type": "clause", "offset": [50, 66]}, {"key": "section-8", "type": "definition", "offset": [134, 143]}, {"key": "general-terms-and-conditions", "type": "definition", "offset": [159, 187]}, {"key": "seller-to-deliver", "type": "clause", "offset": [206, 223]}, {"key": "in-accordance-with", "type": "definition", "offset": [232, 250]}, {"key": "quality-specifications", "type": "clause", "offset": [255, 277]}, {"key": "purchases-of-product", "type": "clause", "offset": [287, 307]}, {"key": "this-contract", "type": "definition", "offset": [396, 409]}, {"key": "buyer-shall", "type": "clause", "offset": [417, 428]}, {"key": "price-of-product", "type": "definition", "offset": [437, 453]}, {"key": "metric-tons", "type": "definition", "offset": [486, 497]}, {"key": "quantity-of-product", "type": "clause", "offset": [576, 595]}, {"key": "by-buyer", "type": "clause", "offset": [615, 623]}, {"key": "the-applicable", "type": "clause", "offset": [627, 641]}, {"key": "calendar-month", "type": "definition", "offset": [642, 656]}], "samples": [{"hash": "fkSrqp2nlch", "uri": "/contracts/fkSrqp2nlch#binding-forecast", "label": "Ethylene Sales Contract (Styron Canada ULC)", "score": 22.7453804016, "published": true}, {"hash": "wyWMENPeT5", "uri": "/contracts/wyWMENPeT5#binding-forecast", "label": "Ethylene Sales Contract (Trinseo S.A.)", "score": 20.483915329, "published": true}], "hash": "0d4ac300ca339246b879e634c06fe84f", "id": 2}, {"size": 1, "snippet": "\u201cBinding Forecast\u201d means a forecasted number of units in whole Batch increments that Heron is required to purchase in accordance with the terms and conditions of this Agreement.", "snippet_links": [{"key": "number-of-units", "type": "definition", "offset": [38, 53]}, {"key": "in-accordance-with", "type": "definition", "offset": [115, 133]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [138, 176]}], "samples": [{"hash": "euswA1a0FAm", "uri": "/contracts/euswA1a0FAm#binding-forecast", "label": "Commercial Manufacturing Services Agreement (Heron Therapeutics, Inc. /De/)", "score": 26.4045181274, "published": true}], "hash": "4a226cf9eb24be6063c56212cb4a81c1", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhliaW5kaW5nLWZvcmVjYXN0IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 26, "title": "Binding Forecast", "children": [], "parents": [["forecasts", "Forecasts"], ["forecasting-and-purchase-orders", "Forecasting and Purchase Orders"], ["prices-payment-and-fulfillment", "Prices Payment and Fulfillment"], ["forecasts-and-order-fulfillment", "Forecasts and Order Fulfillment"], ["volume-forecasts", "Volume Forecasts"]], "id": "binding-forecast", "related": [["rolling-forecast", "Rolling Forecast", "Rolling Forecast"], ["rolling-forecasts", "Rolling Forecasts", "Rolling Forecasts"], ["forecast", "Forecast", "Forecast"], ["trunk-forecasting", "TRUNK FORECASTING", "TRUNK FORECASTING"], ["annual-forecasts", "Annual Forecasts", "Annual Forecasts"]], "related_snippets": [], "updated": "2026-03-25T05:30:57+00:00"}, "json": true, "cursor": ""}}