Common use of Product Forecast Clause in Contracts

Product Forecast. At least [* * *] prior to the beginning of each Month, Biosil shall submit to ASC a notice of Biosil’s expected requirements for each of the Products for the [* * *] on a [* * *] (a “Product Forecast”), except that the initial Product Forecast shall start on the Effective Date and continue to the end of the [* * *] immediately following the end of the Month then current. The obligation to notify Biosil’s expected requirements for the second Product Forecast will only commence on the Effective Date. Biosil shall promptly notify ASC upon determining that any of its Product needs will vary from the current Product Forecast and ASC shall promptly notify Biosil of any anticipated manufacturing or production problems based on the revised Product Forecast; provided, however, that ASC shall not be obligated to manufacture quantities of Products that differ from the then current Product Forecast for each Product by [* * *] provided that i Custom fab material is not included within Product Forecasts and, therefore, is not to be included in the [* * *] calculation; and

Appears in 3 contracts

Sources: Supply, Mutual Confidentiality & Non Disclosure Agreement, Supply, Mutual Confidentiality & Non Disclosure Agreement (GC Aesthetics PLC), Supply, Mutual Confidentiality & Non Disclosure Agreement (GC Aesthetics PLC)