Common use of Binding Forecasts Clause in Contracts

Binding Forecasts. Forecasts (if any) shall only be binding on Dillon Bass if it is expressly stated in writing on the forecast that it is binding. The Supplier shall review Dillon Bass’ forecast promptly after it is made available and act accordingly where appropriate to achieve Dillon Bass’ order requirements. If a forecast ‘crystallisation period’ is agreed, Dillon Bass may place Orders for Goods via any of the following three methods:

Appears in 2 contracts

Sources: Supply Agreement, Supply Agreement