Common use of Forecast Clause in Contracts

Forecast. On the Effective Date and on or before the first (1st) day of each calendar month following the Effective Date, Reliant shall furnish to Cardinal Health in writing, an eighteen (18) month rolling forecast of the quantities of Product that Reliant intends to order from Cardinal Health during such period (“Rolling Forecast”). The first three (3) months of such Rolling Forecast shall constitute a binding order for the quantities of Product specified therein (“Firm Commitment”) and the following fifteen (15) months of the Rolling Forecast shall be non-binding, good faith estimates.

Appears in 6 contracts

Samples: Manufacturing and Packaging Agreement (Reliant Pharmaceuticals, Inc.), Manufacturing and Packaging Agreement (Reliant Pharmaceuticals, Inc.), Manufacturing and Packaging Agreement (Reliant Pharmaceuticals, Inc.)

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Forecast. On the Effective Date and on or before the first (1st) day of each calendar month following the Effective Commencement Date and at least four months prior to the first Delivery Date, Reliant Ligand shall furnish to Cardinal Health in writing, an eighteen a written twelve (1812) month rolling forecast of the quantities of Product that Reliant Ligand intends to order from Cardinal Health during such period ("Rolling Forecast"). The first three (3) 3 months of such Rolling Forecast shall constitute a binding order commitment for the quantities of Product specified therein ("Firm Commitment") and the following fifteen (15) 9 months of the Rolling Forecast shall be non-binding, good faith estimates.

Appears in 1 contract

Samples: Manufacturing and Packaging Agreement (Ligand Pharmaceuticals Inc)

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