Common use of Monthly Forecasts Clause in Contracts

Monthly Forecasts. Each Purchaser shall, on or before the first business day of each month during the term of this Agreement, submit to its Manufacturer for review and approval a rolling three-month forecast of purchases of Products for the following three month period (each, a “Forecast”). Neither Purchaser shall have any liability hereunder for any failure to order any quantity of Products regardless of any prior Forecast, and neither Manufacturer shall have any liability hereunder for any failure to supply the full quantity of any Forecast.