Rolling Forecast definition
Examples of Rolling Forecast in a sentence
In the event that there is a production delay due to [***], then the minimum quarterly amounts described above shall not apply and the Parties will confer in good faith to update the Rolling Forecast in light of any applicable delays.
Catalent is authorized to procure, inspect, and release adequate Raw Materials as necessary to meet the Firm Commitment (and, in Catalent’s discretion, for non-binding periods of the Rolling Forecast), or the minimum order quantities established by the vendor, if greater than the foregoing quantities.
If Catalent rejects a Proposed Rolling Forecast, the Parties shall discuss in good faith potential alternate proposed rolling forecasts.
Catalent shall have [***] from receipt of a Proposed Rolling Forecast to accept or reject it.
Within [***] of Catalent’s confirmation of acceptance of the Rolling Forecast, Client shall submit a binding, non-cancelable, written or electronic purchase order (each, a “Purchase Order”) for the quantities of Product in the Firm Commitment (excluding any quantities that were included in a prior, accepted Purchase Order).