Rolling Estimates definition
Examples of Rolling Estimates in a sentence
The first [*] months of such Rolling Estimates shall constitute binding orders for Product and Applicator (“Firm Commitment”) and the following [*] months of the Rolling Estimates shall be non-binding, good faith estimates for Product and Applicator.
In the event 3M does not accept an order, 3M will work in good faith with SEPRACOR to establish an acceptable delivery date for such order.3M shall not be obligated to supply SEPRACOR with quantities of Product above the applicable Rolling Estimates on which a SEPRACOR firm purchase order is based, but 3M agrees to meet with SEPRACOR to discuss if and how SEPRACOR's production needs can be met and 3M will use reasonable efforts to meet such increased requirements.
Licensee shall, from and after the Effective Date, deliver to Merz at least [ * ] prior to the start of each calendar quarter Licensee's non-binding estimate of Licensee's requirements of Memantine for the ensuing [ * ] period (the "[ * ] Rolling Estimates"), including the monthly quantities of Memantine forecast for each month of that [ * ] month period.
The Rolling Estimates shall be confirmed by monthly purchase orders for Product to be provided by SEPRACOR to 3M no less than [**] in advance of the specified date of delivery.
B▇▇▇▇ & ▇ons dated August 17, 1983 and recorded in Volume 2105, Page 244 of the Hartford Land Records.