FIRST FORECAST Clause Samples
FIRST FORECAST. 6.1.1 CYGNUS will provide LTS CORP with written forecasts of the number of units of Products which will be required at least four (4) months prior to the beginning of the Calendar Quarter in which first commercial sale is projected to occur.
6.1.2 This forecast shall contain an estimate of the number of unit purchases of Product for such Calendar Quarter and the next three (3) Calendar Quarters.
FIRST FORECAST. Astellas shall, at least [***] before the beginning of the calendar quarter in which the first delivery of Patches and/or Gel to Astellas is to occur, provide NGX with an initial forecast of the quantities of Patches and/or Gel estimated to be required and to be delivered in increments of [***] in such calendar quarter and the following [***], such forecast subdividing each quarter in calendar months (“First Forecast”). The quantities of Patches and/or Gel forecasted for the first quarter of the First Forecast shall constitute a binding commitment by Astellas to purchase such quantities, whereas, the forecast for the subsequent quarters of the First Forecast shall be non-binding. For the purpose of clarity, it is understood that in the event that the first delivery of Patches and the first delivery of Gel are not projected to occur in the same calendar quarter, Astellas shall provide separate initial forecasts for Patches and Gel in accordance with this Section 5.2.1 each constituting a First Forecast.
FIRST FORECAST. [*] [*] [*] [*]