Firm Forecasts Clause Samples

Firm Forecasts. Nycomed shall provide Anthra with a firm forecast of Nycomed's requirements of the Product (and the desired delivery dates therefor) (i) for the sixth-month period beginning on January 1 of each calendar year, not later than September 30 of the preceding year, and (ii) for the six-month period beginning on July 1 of each calendar year, not later than March 31 of such year. Nycomed may amend any firm forecast (i) at any time prior to the issuance of the affected purchase order(s), upon written notice to Anthra, if the net change in the quantity of the forecasted requirements of the Product is twenty percent (20%) or less, or (ii) upon written notice to Anthra at least ninety days prior to the issuance of the affected purchase order(s), if the net change in the quantity of the forecasted requirements of the Product exceeds twenty percent (20%) but does not exceed thirty percent (30%); provided, however, that in no event may Nycomed make net changes of more than thirty percent (30%) in the quantity of the forecasted requirements of the Product in any firm forecast. Except as provided in the preceding sentence, Nycomed shall be obligated to purchase, and Anthra shall be obligated to sell, such quantities of the Product as are set forth in the firm forecast, on the delivery schedule set forth therein.