Common use of Forecast and Orders Clause in Contracts

Forecast and Orders. Within fifteen (15) days from the beginning of each calendar quarter BIODEL shall furnish to Diosynth a rolling forecast of its requirements of the Substance during the next four calendar quarters whereby the required quantities for the first calendar quarter shall be a binding order for supply of the Substance and shall not deviate more than 20% (twenty percent) from the forecast formerly provided to Diosynth.

Appears in 2 contracts

Sources: Supply Agreement (Biodel Inc), Supply Agreement (Biodel Inc)