Common use of Rolling 12 Month Forecast Clause in Contracts

Rolling 12 Month Forecast. When each Product Agreement is executed, Client will give Patheon a non-binding 12 month forecast of the volume of Product that Client expects to order in the first 12 months of commercial manufacture under such Product Agreement. This forecast will then be updated by Client on or before the fifteenth day of each month (or, at Client’s discretion, at any time from the eighth day of such month up to and including the twenty-second day of such month) on a rolling forward basis as contemplated by Section 5.1(b), as applicable. The most recent 12 month forecast will prevail. Client will update the forecast forthwith if it determines that the volumes estimated in the most recent forecast have changed by more than 20%.

Rolling 12 Month Forecast. When each Product Agreement is executedAs soon as reasonably practicable following the Effective Date, Client will give Patheon a non-binding 12 month forecast of the volume of Product that Client expects to order for commercial purposes in the first 12 months of commercial manufacture under such Product Agreementof the Product. This forecast will then be updated by Client on or before the fifteenth 10th day of each month (or, at Client’s discretion, at any time from the eighth day of such month up to and including the twenty-second day of such month) thereafter on a rolling forward basis as contemplated by Section 5.1(b), as applicable. The most recent 12 month forecast will prevailbasis. Client will update the forecast forthwith if it determines that the volumes estimated in the most recent forecast have changed by more than 20%. The most recent 12-month forecast will prevail over all previous forecasts.