Common use of Forecasts for Devices Clause in Contracts

Forecasts for Devices. On the Effective Date and at the beginning of each calendar quarter thereafter, LifeCell MR shall provide to Novadaq a good faith rolling forecast of LifeCell MR requirements for the Devices for the next four (4) calendar quarters. During the first six (6) months of the Term, the Parties shall develop a mutually acceptable system for forecasting demand for the Devices and the quantities forecasted shall not constitute a binding obligation of LifeCell MR to purchase (for resale to Customers) or rent the forecasted quantities of Devices, as applicable.

Forecasts for Devices. On the Effective Date and at the beginning of each calendar quarter thereafter, LifeCell MR shall provide to Novadaq a good faith rolling forecast of LifeCell MR requirements for the Devices for the next four (4) calendar quarters. During the first six (6) months of the Term, the Parties shall develop a mutually acceptable system for forecasting demand for the Devices and the quantities forecasted shall not constitute a binding obligation of LifeCell MR to purchase (for resale to Customers) or rent the forecasted quantities of Devices, as applicable.