Common use of Launch Forecast Clause in Contracts

Launch Forecast. Within [ * ] days of the Effective Date, Teva shall provide Alexza with its initial [ * ] month forecast (“Launch Forecast”), of which the first [ * ] months shall constitute a mutually binding commitment. No later than [ * ] Business Days after Alexza’s receipt of the Launch Forecast, the Manufacturing JPT membership shall be designated with the responsibility to oversee the supply of the Product under this Agreement, and the representatives of each Party on the Manufacturing JPT shall meet and shall work collaboratively to prepare and adopt a supply plan for the Launch of the Product in the U.S. The Launch Forecast shall be a best estimate, as of the time such Launch Forecast is delivered, of the initial rolling forecast to be delivered pursuant to Section 6.12(b), and Teva shall not deviate from such estimate without any commercial rationale for the decision.

Appears in 2 contracts

Sources: License and Supply Agreement (Alexza Pharmaceuticals Inc.), License and Supply Agreement (Alexza Pharmaceuticals Inc.)