Forecasted Amount definition
Examples of Forecasted Amount in a sentence
The limitations set forth in Exhibit N on allowable variations in successive forecasts and BMS’s supply obligations with respect to the Forecasted Amount are based on the assumption that lead times for starting materials and outsourced intermediates are [*] months or less and are subject to modification, as necessary, to reflect lead times longer than [*] months.
Chiron will use commercially reasonable efforts to fill any other orders for bulk PDGF (i.e., orders exceeding 150% of the Forecasted Amount for binding quarters) as promptly as practicable, but Chiron cannot guarantee that those orders will be available by the requested delivery date.
If at any time during the Term, CEL-SCI is or expects that it will be unable to satisfy the Forecasted Amount of Product for any period of a Contract Year, in full or in part, CEL-SCI shall so notify Orient Europharma promptly, detailing the extent to which it will not meet such Forecasted Amount.
At the end of each Calendar Year a reconciliation will be made by ICE between the Provisional Price calculated on the basis of the Forecasted Amount and the effective Price based on the actual quantities of API effectively purchased by AMYLYX and ICE will either issue an invoice or a credit note to AMYLYX on the basis of the results of the said reconciliation.
CEL-SCI shall advise Orient Europharma within thirty (30) days of its receipt of such forecast of CEL-SCI's anticipated ability to supply the forecasted amount for the applicable period (such confirmed amount, the "Forecasted Amount").
If the Forecasted Amount in a given Calendar Year is equal to [***] of API, then the Provisional Price per kg initially invoiced by ICE throughout the relevant Calendar Year (subject to the reconciliation referred to under (iv) above) would be equal to [***], calculated as follows: [***].