Common use of Long-Range Forecasts Clause in Contracts

Long-Range Forecasts. Within 90 days from the execution of this Agreement, and at least 90 days prior to the beginning of each calendar year thereafter commencing with the second Contract Year, HMRI shall furnish Alliance with a rolling forecast of the quantities of Material for Clinical Work and commercial sale that HMRI intends to order during the following three year period commencing with that calendar year. Such forecasts shall represent most current estimates for planning purposes, not purchase commitments.

Appears in 2 contracts

Sources: Supply and Technology Transfer Agreement (Alliance Pharmaceutical Corp), Supply and Technology Transfer Agreement (Alliance Pharmaceutical Corp)