Common use of Non-Binding Forecasts Clause in Contracts

Non-Binding Forecasts. Quantity Forecast. By the fifth business day of each month (the Month hereafter being "M"), Customer will provide to Corvis a non-binding ten-month rolling forecast (the "Rolling Forecast") of deliveries for the ten-month period commencing at the beginning of the third month after the month in which the forecast is made. The Rolling Forecast (M+3 through M+12) will show the quantity of each Product by product code which Customer anticipates it will need to be delivered during the specified month.

Appears in 2 contracts

Sources: Procurement Agreement (Corvis Corp), Procurement Agreement (Corvis Corp)