Common use of Firm Commitments Clause in Contracts

Firm Commitments. With each rolling forecast submitted to Supplier, BioForm shall submit binding purchase orders to cover one hundred percent (100%) of the Product orders included in the forecast for the initial three-month period of such forecast. Further, BioForm commits to purchase at least fifty percent (50%) of the Company Product orders forecast for the immediately subsequent three month period of each rolling forecast submitted to Supplier. Company Product orders forecast for the remaining period of the forecast shall be non-binding.

Firm Commitments. With each rolling forecast submitted to Supplier, BioForm shall submit binding purchase orders to cover one hundred percent (100%) [****] of the Product orders included in the forecast for the initial three-month period of such forecast. Further, BioForm commits to purchase at least fifty percent (50%) [****] of the Company Product orders forecast for the immediately subsequent three month period of each rolling forecast submitted to Supplier. Company Product orders forecast for the remaining period of the forecast shall be non-binding.