Common use of Forecasting and Ordering Clause in Contracts

Forecasting and Ordering. Philips shall issue to Diametrics a monthly written, rolling, non-binding six (6) month forecast of its purchase of Portal Measurement Products. Such forecasts shall be updated monthly. Philips shall issue binding written purchase orders for Portal Measurement Products at least sixty (60) days prior to the proposed shipping date for such items. All purchase orders in excess of Philips' forecast shall be subject to written acceptance by Diametrics. Diametrics will use reasonable efforts to supply such items in a timely fashion, subject to Diametrics' reasonable production capabilities and provided that such purchase orders are consistent with Philips' forecasts.