Annual Volume Commitment Sample Clauses
Annual Volume Commitment. Upon obtaining applicable regulatory approvals and in accordance with applicable laws, Icosavax will use reasonable efforts to ensure that it or its manufacturing and/or commercial partner(s) will manufacture, package, label, store and ship the quantities of Covid Vaccine necessary to fulfill all purchase orders awarded and bound to Icosavax and/or its manufacturing and/or commercial partner(s) from Public Sector Purchasers to purchase Covid Vaccine for use in the Eligible Countries for the Charitable Purpose in the following quantity:
a. an annual capacity available to Eligible Countries that is at least [***] of Icosavax’s Total Annual Doses (the “Annual Volume Commitment”).
Annual Volume Commitment. (i) Subject to the terms and conditions set forth herein, CTC hereby agrees to purchase from BA, under the Resale Agreements and/or applicable BA resale tariffs, for resale by CTC, an aggregate number of business customer local exchange access lines, each of which lines is designated with one of the USOC codes set forth in Appendix 1 hereto (each a "Qualified Business Line" and, collectively, the "Qualified Business Lines") for each year of the Service Term (such minimum amount being the "Annual Volume Commitment") in accordance with the following schedule: Year 1: at least 100,000 Qualified Business Lines; and Years 2-5: at least 225,000 Qualified Business Lines each year;
Annual Volume Commitment. 7.1 Dealer agrees to order and take delivery of, during the initial twelve (12) month term of this Agreement and each subsequent year of this Agreement, Products having an aggregate net discounted invoice value equal to the Annual Volume commitment amount agreed to by Dealer and Fujitsu in Attachment A hereto (referred to herein as the, Annual Volume Commitment,), including any Annual Volume Commitment adjusted pursuant to Section '7.
Annual Volume Commitment. I-Dealer agrees to secure a minimum volume commitment level (“Annual Volume Commitment”) of [***] New Gross Subscribers (defined in Exhibit H) in *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [***]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. the Area for the first twelve (12) calendar months of this Agreement. Company shall establish and notify Dealer of Dealer’s Annual Volume Commitment for the subsequent twelve (12) month period of this Agreement, prior to the commencement of such subsequent twelve (12) month period. I-Dealer’s “Monthly Volume Commitment” shall be defined as one-twelfth (1/12) of I-Dealer’s Annual Volume Commitment.
Annual Volume Commitment. Beginning in year two (2) of the Program—that is, beginning following completion of the first twelve (12) months of the Program’s term—MFI will make at least [Intentionally Deleted] in annualized Net Purchases of Products.
Annual Volume Commitment. Buyer agrees that its prices are based upon an -------------------------- Annual Volume Commitment stated on the first page of this Agreement, which will be negotiated in good faith on an annual basis thereafter between Buyer and Motorola. Buyer will use its best efforts to take delivery at least the minimum number of units stated in the Annual Volume Commitment. Products may be aggregated to reach the Annual Volume Commitment ("Volume Commitment"). On a quarterly basis Motorola and Buyer will meet to evaluate Buyer's performance with respect to its purchases of Products primarily on the basis of Buyer's attainment of the Volume Commitment. If an evaluation indicates that Buyer purchases will be less than the quantity agreed to in the Volume Commitment, Motorola and Buyer agree to work together to develop a mutually agreeable plan for Buyer to increase sales of the Product. Should a second consecutive evaluation indicate that Buyer is still not able to meet its Volume Commitment, Motorola shall have the right to terminate this Agreement on thirty (30) days written notice. In the event Motorola decreases Buyers Territory or is unable to deliver Product in accordance with Buyer's Purchase Orders as accepted by Motorola and such actions by Motorola substantially impacts Buyer's ability to meet its Annual Volume Commitment, Motorola agrees to negotiate in good faith the subject quantities and deliveries with Buyer and to amend Buyer's Annual Commitment accordingly. In such event, low volume performance will no longer be grounds for termination of this Agreement by Motorola.
Annual Volume Commitment. Customer agrees to pay Company no less than $52,100,000.00 in Contributing Charges during each year of the Initial Term and any Renewal Term. During the second year of the Term and thereafter, any Contributing Charges in excess of the prior year’s applicable AVC shall be carried over and applied in satisfaction of the then current year’s AVC. Contributing Charges during such year in the Term and the AVC (the “Underutilization Charge”): “Contributing Charges” means all charges, after application of all discounts and credits, incurred by Customer and Customer Purchaser Affiliates, specifically excluding: (a) Taxes, as that term is defined below; (b) charges for equipment and data center services (except as otherwise stated herein); (c) charges incurred for goods or services where Company or its affiliate acts as agent for Customer in its acquisition of goods or services; (d) non-recurring charges; (e) Governmental Charges (defined below); (f) international pass-through access charges (i.e., Type 3/PTT) and charges for international access provided by Company (i.e., Type 1); (g) Company Wireless charges; (h) Company ILEC charges; (i) Document Delivery Fax charges; (j) charges for security services provided by Cybertrust, Inc. or by its affiliates set forth in the Guide as providers of Cybertrust security services; and (k) other charges expressly excluded by this Contract. Contributing Charges for both Parties will continue to contribute to the AVC for year 2 of the Initial Term during the Extended Term. Provided that both Parties enter into separate standalone agreements with the Company, on or before the end of the Extended Term.
Annual Volume Commitment. (AVC). Customer agrees to pay Verizon the amount of Eligible Charges in each Contract Year that is no less than the AVC identified in the Agreement, for the number of Contract Years/Volume Commitment Period identified in that Agreement. If the Agreement does not identify an AVC or number of Contract Years/Volume Commitment Period, then the applicable number is zero. If, in any Contract Year/Volume Commitment Period, Customer's Eligible Charges are less than the AVC, then Customer will pay: (a) all accrued but unpaid charges incurred by Customer; and (b) an underutilization charge (which Customer hereby agrees is reasonable) equal to 75% of the difference between Customer's Eligible Charges during such Contract Year and the AVC.
Annual Volume Commitment. Customer agrees to pay Company no less than $350,000 in Total Service Charges during each contract year of the Term. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC. Commencing on the 11th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $1,500,000 in Total Service Charges, or a pro rata portion thereof for any partial contract year. Commencing on the 13th Amendment Effective Date, Customer’s AVC requirement (set forth above) is replaced with a TVC requirement (set forth below):
Annual Volume Commitment. Customer agrees to pay Company no less than $75,000 in Total Service Charges during each twelve month period after the effective date. Commencing on the 2nd Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $1,250,000 (following the expiration of the Ramp Period) in Total Service Charges, or a pro rata portion thereof for any partial Contract Year. Commencing on the 11th Amendment Effective Date, Customer’s AVC requirement (set forth above) is replaced with a TVC requirement (set forth below): TVC Commitment: Commencing on the 11th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $5,250,000 in Total Service Charges (“TVC”) during the Term.