Orders Shipment Invoicing Payment Sample Clauses

Orders Shipment Invoicing Payment. 5.1 Orders and Forecasts. (a) Rolling [*****]Forecast. When this Agreement is executed, Client will give Patheon a non-binding [*****] forecast of the volume of Product that Client expects to order in the first [*****] of commercial manufacture of the Product. This forecast will then be updated by Client on or before the [*****] on a rolling forward basis. Client will update the forecast forthwith if it determines that the volumes estimated in the most recent forecast have changed by more than [*****]. The most recent [*****] forecast will prevail. (b) Firm Orders for Initial Manufacturing [*****]. At least [*****] before the start of commercial manufacture of the Product, Client will update the rolling forecast for the first [*****] of manufacture of the Product (the “Initial Manufacturing Period”). The [*****] of this updated forecast (“Initial Manufacturing Month”) will constitute a firm written order in the form of a purchase order or otherwise ("First Firm Order") by Client to purchase and, when accepted by Patheon, for Patheon to manufacture the quantity of the Product. If manufacturing has not started, Client may cancel any Batches from the First Firm Order at no cost if notice of cancellation is received by Patheon [*****] or more before the scheduled Delivery Date under the First Firm Order. If manufacturing has not started, Client may cancel any Batches from the First Firm Order if notice of cancellation is received by Patheon [*****] before the scheduled Delivery Date under the First Firm Order, [*****]. If the First Firm Order is changed or adjusted as described above then the initial rolling [*****] forecast will also be adjusted as necessary.
Orders Shipment Invoicing Payment