{"component": "clause", "props": {"groups": [{"size": 264, "samples": [{"hash": "ajD6npXQ5bF", "uri": "/contracts/ajD6npXQ5bF#forecasts", "label": "Terms and Conditions", "score": 32.2323951721, "published": true}, {"hash": "24HliPRU7ES", "uri": "/contracts/24HliPRU7ES#forecasts", "label": "Terms and Conditions", "score": 32.1664733887, "published": true}, {"hash": "7bxEH5HDN5Y", "uri": "/contracts/7bxEH5HDN5Y#forecasts", "label": "Terms and Conditions", "score": 32.1106948853, "published": true}], "snippet": "Any forecasts provided by DXC shall not constitute a commitment of any type by DXC.", "snippet_links": [{"key": "a-commitment", "type": "definition", "offset": [51, 63]}], "hash": "b0c55a4c2cc5da61417f5b7167a222b3", "id": 1}, {"size": 48, "samples": [{"hash": "hJcjsMSHQxz", "uri": "/contracts/hJcjsMSHQxz#forecasts", "label": "Credit Agreement (Summit Hotel Properties, Inc.)", "score": 33.566734314, "published": true}, {"hash": "bFdWdPuSvfI", "uri": "/contracts/bFdWdPuSvfI#forecasts", "label": "Credit Agreement (Summit Hotel Properties, Inc.)", "score": 33.566734314, "published": true}, {"hash": "2ol25B8HLqQ", "uri": "/contracts/2ol25B8HLqQ#forecasts", "label": "Credit Agreement (Summit Hotel Properties, Inc.)", "score": 32.4839134216, "published": true}], "snippet": "The Consolidated forecasted balance sheets, statements of income and statements of cash flows of the Parent Guarantor and its Subsidiaries delivered to the Lender Parties pursuant to Section 3.01(a)(x) or 5.03 were prepared in good faith on the basis of the assumptions stated therein, which assumptions were fair in light of the conditions existing at the time of delivery of such forecasts, and represented, at the time of delivery, the Parent Guarantor\u2019s best estimate of its future financial performance.", "snippet_links": [{"key": "balance-sheets", "type": "definition", "offset": [28, 42]}, {"key": "statements-of-cash-flows", "type": "clause", "offset": [69, 93]}, {"key": "parent-guarantor", "type": "definition", "offset": [101, 117]}, {"key": "lender-parties", "type": "definition", "offset": [156, 170]}, {"key": "pursuant-to-section", "type": "definition", "offset": [171, 190]}, {"key": "in-good-faith", "type": "clause", "offset": [224, 237]}, {"key": "basis-of", "type": "clause", "offset": [245, 253]}, {"key": "the-conditions", "type": "clause", "offset": [326, 340]}, {"key": "delivery-of", "type": "clause", "offset": [365, 376]}, {"key": "best-estimate", "type": "definition", "offset": [458, 471]}, {"key": "financial-performance", "type": "clause", "offset": [486, 507]}], "hash": "2ffafdcf9eebb7d0c2e4f1e47ec32723", "id": 2}, {"size": 45, "samples": [{"hash": "4EniD7ES4mP", "uri": "/contracts/4EniD7ES4mP#forecasts", "label": "Power Purchase Agreement", "score": 26.3949356079, "published": true}, {"hash": "5N6uvOHg8CK", "uri": "/contracts/5N6uvOHg8CK#forecasts", "label": "Power Purchase Agreement", "score": 26.1704311371, "published": true}, {"hash": "8BG7OFleBfN", "uri": "/contracts/8BG7OFleBfN#forecasts", "label": "Power Purchase Agreement", "score": 25.0369606018, "published": true}], "snippet": "Commencing at least thirty (30) days prior to the anticipated Commercial Operation Date and continuing throughout the Term, Seller shall update and deliver to Buyer on a monthly basis and in a form reasonably acceptable to Buyer, twelve (12) month rolling forecasts of Energy production by the Facility, which forecasts shall be prepared in good faith and in accordance with Good Utility Practice based on historical performance, maintenance schedules, Seller\u2019s generation projections and other relevant data and considerations. Any notable changes from prior forecasts or historical energy delivery shall be noted and an explanation provided. The provisions of this section are in addition to Seller\u2019s requirements under ISO-NE Rules and ISO-NE Practices, including ISO-NE Operating Procedure No. 5.", "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [37, 49]}, {"key": "anticipated-commercial-operation-date", "type": "definition", "offset": [50, 87]}, {"key": "the-term", "type": "definition", "offset": [114, 122]}, {"key": "seller-shall", "type": "clause", "offset": [124, 136]}, {"key": "deliver-to-buyer", "type": "clause", "offset": [148, 164]}, {"key": "monthly-basis", "type": "definition", "offset": [170, 183]}, {"key": "rolling-forecasts", "type": "clause", "offset": [248, 265]}, {"key": "energy-production", "type": "clause", "offset": [269, 286]}, {"key": "the-facility", "type": "clause", "offset": [290, 302]}, {"key": "be-prepared", "type": "clause", "offset": [326, 337]}, {"key": "in-good-faith", "type": "clause", "offset": [338, 351]}, {"key": "in-accordance-with", "type": "definition", "offset": [356, 374]}, {"key": "good-utility-practice", "type": "definition", "offset": [375, 396]}, {"key": "based-on", "type": "clause", "offset": [397, 405]}, {"key": "maintenance-schedules", "type": "clause", "offset": [430, 451]}, {"key": "other-relevant-data", "type": "clause", "offset": [489, 508]}, {"key": "energy-delivery", "type": "clause", "offset": [584, 599]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [648, 674]}, {"key": "to-seller", "type": "definition", "offset": [691, 700]}, {"key": "operating-procedure", "type": "definition", "offset": [774, 793]}], "hash": "fb1c1b658830143332d2d6decca833d6", "id": 3}, {"size": 24, "samples": [{"hash": "dTLZJguaPhj", "uri": "/contracts/dTLZJguaPhj#forecasts", "label": "Manufacturing Agreement (Paratek Pharmaceuticals, Inc.)", "score": 29.5831623077, "published": true}, {"hash": "iLJaFTthenm", "uri": "/contracts/iLJaFTthenm#forecasts", "label": "Manufacturing and Services Agreement (Paratek Pharmaceuticals, Inc.)", "score": 28.340177536, "published": true}, {"hash": "25S1IoeVp8l", "uri": "/contracts/25S1IoeVp8l#forecasts", "label": "Manufacturing and Services Agreement (Paratek Pharmaceuticals, Inc.)", "score": 28.1649551392, "published": true}], "snippet": "Within [* * *] after the Effective Date, Paratek shall submit to CIPAN a forecast of clinical supply of Products that Paratek anticipates ordering from CIPAN during the [* * *] period (broken down by Product and by month and, if applicable, country in the Territory) following the date of such forecast and Paratek shall update such forecast on a rolling [* * *] basis every [* * *] thereafter (each, a \u201cRolling Clinical Forecast\u201d) until Paratek no longer requires any clinical supply of Products. Beginning [* * *] prior to the anticipated launch of a Paratek Product in the Territory and for the remainder of the Term, Paratek shall submit to CIPAN a forecast of commercial supply of Products that Paratek anticipates ordering from CIPAN during the [* * *] period (broken down by Product and by month and, if applicable, country in the Territory) following the date of such forecast and Paratek shall update such forecast on a rolling [* * *] basis every [* * *] thereafter (each, a \u201cRolling Commercial Forecast\u201d), provided that Paratek shall provide an updated Rolling Commercial Forecast within [* * *] after such Paratek Product receives Regulatory Approval by the applicable Regulatory Authority in a country in the Territory. Paratek shall place purchase orders for at least the quantity of each Product specified in the first [* * *] of each such Rolling Clinical Forecast or Rolling Commercial Forecast (such period, the \u201cFirm Forecast Period\u201d) and the remaining [* * *] of such forecast shall be a good faith estimate. 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The Supplier shall use its best efforts to maintain sufficient manufacturing capacity and stock of the Products to meet the requirements set out in the Order Forecast.\n(b) Order Forecasts shall not be binding on the Purchaser or give rise to any liability or obligation of the Purchaser to place any Orders for any Products, nor form any commitment to purchase a specific volume of the Products, or any part or material used to manufacture the Products. In addition, no Order Forecast shall give rise to any liability for the Purchaser due to the Supplier\u2019s cost for stocking, etc.", "snippet_links": [{"key": "the-purchaser-may", "type": "clause", "offset": [4, 21]}, {"key": "provide-the", "type": "clause", "offset": [22, 33]}, {"key": "order-forecasts", "type": "clause", "offset": [48, 63]}, {"key": "setting-out", "type": "clause", "offset": [64, 75]}, {"key": "time-period", "type": "clause", "offset": [120, 131]}, {"key": "this-purchase-agreement", "type": "clause", "offset": [145, 168]}, {"key": "the-supplier-shall", "type": "clause", "offset": [193, 211]}, {"key": "best-efforts", "type": "definition", "offset": [220, 232]}, {"key": "to-maintain", "type": "clause", "offset": [233, 244]}, {"key": "manufacturing-capacity", "type": "clause", "offset": [256, 278]}, {"key": "the-products", "type": "clause", "offset": [292, 304]}, {"key": "the-requirements", "type": "clause", "offset": [313, 329]}, {"key": "set-out", "type": "definition", "offset": [330, 337]}, {"key": "obligation-of-the-purchaser", "type": "clause", "offset": [452, 479]}, {"key": "to-place", "type": "definition", "offset": [480, 488]}, {"key": "commitment-to-purchase", "type": "clause", "offset": [531, 553]}, {"key": "to-manufacture", "type": "definition", "offset": [618, 632]}, {"key": "in-addition", "type": "clause", "offset": [647, 658]}, {"key": "no-order", "type": "clause", "offset": [660, 668]}, {"key": "for-the-purchaser", "type": "clause", "offset": [711, 728]}, {"key": "to-the-supplier", "type": "clause", "offset": [733, 748]}], "hash": "8356b66697f77aac2f97b6a019846ba9", "id": 6}, {"size": 23, "samples": [{"hash": "csO9WbF9et0", "uri": "/contracts/csO9WbF9et0#forecasts", "label": "Power Purchase Agreement", "score": 35.9222602844, "published": true}, {"hash": "8BSpezmdl6A", "uri": "/contracts/8BSpezmdl6A#forecasts", "label": "Power Purchase Agreement", "score": 26.6536617279, "published": true}, {"hash": "dUsbI2s9Iy1", "uri": "/contracts/dUsbI2s9Iy1#forecasts", "label": "Power Purchase Agreement", "score": 26.5455169678, "published": true}], "snippet": "Each Day during the Term commencing on the Commercial Operations Date, Seller shall submit to Company Seller's Day\u2011ahead hourly forecasts of the Facility's Actual Output produced by a commercially available forecasting service or by the Seller's documented methodology (i.e., climatology, persistence forecasting) for providing a forecast for the Facility's Actual Output for the next 24 hour period. Hourly Day\u2011ahead forecasts shall be submitted to Company by 1200 Hawai\u2018i Standard Time on each Day immediately preceding a Day on which electric energy from the Facility is to be delivered. Seller shall provide Company with an hourly forecast of Actual Output for each hour of the next Day. Seller shall update such forecast and provide unit availability updates any time information becomes available indicating a change in the forecast of Actual Output from the Facility. The forecasts called for by this Agreement shall be substantially in the form reasonably requested by Company.", "snippet_links": [{"key": "during-the-term", "type": "clause", "offset": [9, 24]}, {"key": "commencing-on-the", "type": "clause", "offset": [25, 42]}, {"key": "commercial-operations-date", "type": "definition", "offset": [43, 69]}, {"key": "seller-shall", "type": "clause", "offset": [71, 83]}, {"key": "company-seller", "type": "definition", "offset": [94, 108]}, {"key": "the-facility", "type": "clause", "offset": [141, 153]}, {"key": "actual-output", "type": "definition", "offset": [156, 169]}, {"key": "commercially-available", "type": "definition", "offset": [184, 206]}, {"key": "by-the-seller", "type": "clause", "offset": [230, 243]}, {"key": "documented-methodology", "type": "definition", "offset": [246, 268]}, {"key": "standard-time", "type": "definition", "offset": [474, 487]}, {"key": "a-day", "type": "definition", "offset": [522, 527]}, {"key": "electric-energy", "type": "clause", "offset": [537, 552]}, {"key": "unit-availability", "type": "clause", "offset": [738, 755]}, {"key": "time-information", "type": "clause", "offset": [768, 784]}, {"key": "a-change-in", "type": "definition", "offset": [814, 825]}, {"key": "by-this-agreement", "type": "clause", "offset": [900, 917]}, {"key": "by-company", "type": "clause", "offset": [974, 984]}], "hash": "f5676bbc8eb72dbf5cefb1539fc4ab1f", "id": 8}, {"size": 23, "samples": [{"hash": "622zTLsCA4w", "uri": "/contracts/622zTLsCA4w#forecasts", "label": "Supply Agreement (Talecris Biotherapeutics Holdings Corp.)", "score": 21.0, "published": true}, {"hash": "3T3ajeZVgEG", "uri": "/contracts/3T3ajeZVgEG#forecasts", "label": "Supply Agreement (Talecris Biotherapeutics Holdings Corp.)", "score": 21.0, "published": true}, {"hash": "1Ihwe6sXz05", "uri": "/contracts/1Ihwe6sXz05#forecasts", "label": "Supply Agreement (Talecris Biotherapeutics Holdings Corp.)", "score": 21.0, "published": true}], "snippet": "As of the Effective Date, Bayer shall provide Supplier with a twelve (12) month rolling forecast of Bayer\u2019s estimated requirements of PPF by calendar month. Such forecast shall be attached hereto as Exhibit B, and incorporated herein by reference. Bayer shall provide an updated rolling twelve (12) month forecast on or about the commencement of each calendar month. The first six (6) months of each rolling twelve (12) month forecast shall be a binding order (a \u201cBinding Forecast\u201d), and the last six (6) months of the rolling forecast shall be a good faith estimate of Bayer\u2019s future requirements and shall not be binding on the Parties. Supplier agrees to deliver PPF in such quantities, on such delivery dates as are specified in the Purchase Orders issued by Bayer pursuant to Section 2.3. The Parties agree and acknowledge that regardless of the volume of PPF requested by Bayer in the Binding Forecasts, Bayer shall be obligated to purchase at least seventy-five percent (75%) of the Required Quantity of PPF for each calendar year set forth in Exhibit A (\u201cMinimum Quantity\u201d) and Supplier shall be obligated to supply no more than one hundred fifteen percent (115%) of the Required Quantity of PPF for each calendar year set forth in Exhibit A. To the extent that the aggregate volume of PPF set forth in the Binding Forecasts for any calendar year does not at least equal the Minimum Quantity, the Supplier may, within thirty (30) days of the end of such calendar year, invoice Bayer for the total price attributed to such difference (based on the Prices set forth in Section 4.1 below) and deliver to Bayer the invoiced PPF in accordance with Section 2.4. Notwithstanding anything to the contrary herein, during any Binding Forecast period, to the extent that Bayer\u2019s actual needs for PPF exceed those volumes set forth in the Binding Forecast, Supplier shall use commercially reasonable efforts to adjust its production capacity to accommodate Bayer\u2019s additional requirements for PPF to the extent and subject to the terms of Section 2.6.", "snippet_links": [{"key": "as-of-the-effective-date", "type": "clause", "offset": [0, 24]}, {"key": "rolling-forecast", "type": "definition", "offset": [80, 96]}, {"key": "estimated-requirements", "type": "clause", "offset": [108, 130]}, {"key": "calendar-month", "type": "definition", "offset": [141, 155]}, {"key": "exhibit-b", "type": "definition", "offset": [199, 208]}, {"key": "incorporated-herein-by-reference", "type": "clause", "offset": [214, 246]}, {"key": "month-forecast", "type": "clause", "offset": [299, 313]}, {"key": "commencement-of", "type": "clause", "offset": [330, 345]}, {"key": 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"financial-performance", "type": "clause", "offset": [17, 38]}, {"key": "borrower-and-its-subsidiaries", "type": "definition", "offset": [42, 71]}, {"key": "the-lenders", "type": "clause", "offset": [85, 96]}, {"key": "in-good-faith", "type": "clause", "offset": [116, 129]}, {"key": "by-borrower", "type": "clause", "offset": [130, 141]}, {"key": "based-on", "type": "clause", "offset": [146, 154]}], "hash": "ced10e3892fcdd4f485d000231ee9cc5", "id": 5}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJmb3JlY2FzdHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["", ""], ["warranties", "Warranties"], ["survival-of-warranties", "Survival of Warranties"], ["forecasts", "Forecasts"], ["rolling-forecasts", "Rolling Forecasts"]], "size": 4202, "parents": [["trade-controls", "Trade Controls"], ["representations-and-warranties", "Representations and Warranties"], ["financial-statements-projections", "Financial Statements Projections"], ["affirmative-covenants", "Affirmative Covenants"], ["miscellaneous", "Miscellaneous"]], "title": "Forecasts", "id": "forecasts", "related": [["projections", "Projections", "Projections"], ["budgets", "Budgets", "Budgets"], ["financial-forecasts", "Financial Forecasts", "Financial <strong>Forecasts</strong>"], ["annual-forecasts", "Annual Forecasts", "Annual <strong>Forecasts</strong>"], ["financial-information", "Financial Information", "Financial Information"]], "related_snippets": [], "updated": "2026-04-01T04:22:47+00:00", "also_ask": ["What are the most effective limitations to include on liability for inaccurate forecasts?", "How can parties best define 'forecast' to avoid ambiguity and future disputes?", "What negotiation leverage exists around making forecasts binding or non-binding?", "Which jurisdictions treat forecast clauses as warranties versus mere statements of intent?", "What evidence is typically required in court to prove reliance or damages from a breached forecast clause?"], "drafting_tip": "Specify the basis and timing for forecasts to ensure clarity; require written format to provide evidence; limit reliance on forecasts to prevent unintended obligations.", "explanation": "A Forecasts clause sets out the requirements for one party to provide advance estimates or projections regarding future needs, quantities, or performance under the contract. Typically, this clause details how and when forecasts must be delivered, the level of accuracy expected, and whether such forecasts are binding or non-binding. Its core practical function is to facilitate planning and resource allocation by giving the receiving party advance notice of anticipated demand or obligations, thereby reducing uncertainty and helping both parties coordinate their activities more effectively."}, "json": true, "cursor": ""}}