Rolling Forecast definition
Examples of Rolling Forecast in a sentence
The first [information redacted] of each Rolling Forecast shall be binding on Distributor for the quantities specified therein (“Firm Commitment”) and may not be changed without ▇▇▇▇▇▇’▇ written consent (which may be withheld in its sole discretion).
If the agreed-to volume solely with respect to any such month in the Binding Forecast is less than the volume in Vylor’s most recent Binding Forecast, Vylor shall revise its Rolling Forecast within ten (10) Business Days to reflect the agreed-to volume for such month, and (i) Corteva shall relieve Vylor of the Binding Forecast associated with the reduced volume in such month and (ii) for purposes of the Minimum Purchase Requirement, the reduced volume shall be deemed purchased.
Beginning on the seventh (7th) month after the Effective Date and by the fifth (5th) business day of each month thereafter, BioStem will provide a Rolling Forecast by Product and deliver in a mutually agreed electronic format identifying such Product, quantity, and delivery month for at least twelve (12) consecutive months.
Supplier will use the Rolling Forecast for capacity and materials planning.
Any minimum inventory or safety stock will be maintained at the applicable inventory requirement derived from the Rolling Forecast (i.e., inventory) (including ownership, storage, rotation, and replenishment).