Rolling Forecast definition
Examples of Rolling Forecast in a sentence
In the event that any Raw Material becomes subject to purchase lead time beyond the Firm Commitment time frame, the parties will negotiate in good faith an appropriate amendment to this Agreement, including Section 4.2. Client shall bear the risk of loss of such Safety Stock in accordance with Section 3.2(C) as long as Catalent has ordered such Safety Stock in accordance with the Rolling Forecast.
Concurrently with the submission of each Rolling Forecast, Client shall submit a Purchase Order for the Firm Commitment.
The first [***] months of each Rolling Forecast shall constitute a binding order for the quantities of Product specified in such Rolling Forecast (the “Firm Commitment”) and the following [***] months of the Rolling Forecast shall be non-binding, good-faith estimates.