Minimum Movement Sample Clauses

Minimum Movement. No delivering Operating Company will have an obligation to carry a Proprietary Product if all Customer Locations purchasing from such Operating Company purchase less than five (5) cases per week of that Product and the sales volume of such Proprietary Product in such Operating Company results in less than twelve turns of the inventory of such Product in any twelve month period. In the event that the required purchase volumes and minimum turns are not maintained with respect to any Proprietary Product at any Operating Company, the Operating Company and the Customer may agree that such Product will be cross-docked with and delivered by another Operating Company to the affected Customer Locations, upon such terms, including additional freight costs incurred in shipping the Products from the Operating Company warehousing the Product to the delivering Operating Company, and adjusted delivery frequencies, as the servicing Operating Company and Customer may mutually agree in writing.
Sample 1
AutoNDA by SimpleDocs
Minimum Movement. No delivering Operating Company will have an obligation to ca.ny a Proprietary Product if all Customer Locations purchasing from such Operating Company purchase less than [**] cases per week of that Product and/or the sales volume of such Proprietary Product in such Operating Company results in less than [**] turns of the inventory of such Product in any [**] month period; provided however, up to [**] specified Proprietary Products, as mutually detennined by Primary Customer and the applicable delivering Operating Company, will be subject to a minimum weekly case movement requirementof [**] cases per week; and provided further, that with respect to the Sysco Metro New York and Sysco Philadelphia delivering Operating Companies, the specified Proprietary Products set forth in the table below will not be subject to the minimum weekly case movement requirements set forth in this Section 9.2.4: [**] ; and provided further, that with respect to all other delivering Operating Companies, the specified Proprietary Products set forth in the table below will not be subject to the minimum weekly case movement requirements set forth in this Section 9.2.4: [**]
Sample 1
Minimum Movement. No delivering Operating Site will have an obligation to carry a Proprietary Product if all Customer Locations purchasing from such Operating Site purchase less than five (5) cases per week of that Product or the sales of such Proprietary Product in such Operating Site result in less than twelve (12) turns of such Product inventory in any twelve (12)-month period.
Sample 1

Related to Minimum Movement

  • Minimum Sales 4.1 The minimum volume of sales of the Products that CSR commits to use its best efforts to achieve in the Territory on an annual basis in the first Agreement Year is 60,000 gallons (avg. 5,000 gallons per month). RCAI will review the annual volumes of sales of the Products prior to the beginning of any successive term during which this Agreement may continue and RCAI may change and adjust such minimums as it, in its sole judgment, sees fit.

  • Minimum Net Worth The Borrower will at all times maintain Consolidated Net Worth of not less than the sum of (i) $900,000,000 plus (ii) 50% of Consolidated Net Income earned in the fiscal quarter ending December 31, 2002 (without deduction for losses) plus (iii) 50% of Consolidated Net Income earned in each fiscal year beginning with the fiscal year ending December 31, 2003 (without deduction for losses).

  • Minimum Book Net Worth The Borrower will maintain, during each period described below and for each month thereafter, its consolidated Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period (numbers appearing between “< >” are negative): Period Minimum Book Net Worth The month ending April 2, 2006 $24,480,000 The month ending April 30, 2006 $24,530,000 The month ending May 28, 2006 $24,525,000 The month ending July 2, 2006 $24,740,000 The month ending July 30, 2006 $24,750,000

  • Minimum Purchase Requirements Distributor shall make the minimum annual purchase of Products established in Exhibit B, unless the Agreement has become coexclusive. In the period within the fixed term and extension, if applicable, of the Agreement under Section 10(a) subsequent to [ * ], the parties shall meet in San Francisco at least [ * ] prior to the beginning of each of respective year to discuss market conditions and appropriate minimum purchases for such year. In the event that the parties fail to agree on an appropriate minimum any year subsequent to [ * ], the minimum annual purchase requirement for such year shall be calculated increasing or decreasing (as the case may be) the minimum purchase requirement for the preceding year in proportion to the increase or decrease in the [ * ] (based on data from mutually acceptable data provider) of the applicable product in the Territory. In the event Supplier is unable to deliver Products ordered by Distributor in an amount consistent with the most recent forecast, then the minimum annual purchase requirement shall be reduced by the quantity of Products that Supplier is unable to deliver when requested. In the event Distributor fails in any year (a “Shortfall Year”) to make the annual minimum purchase of Agreement Products required by Exhibit B, Supplier shall have the right to give Distributor written notice of default, and if such failure to make the minimum purchase is not cured (through the purchase of an amount of Agreement Product equal to the entire shortfall in the Shortfall Year, which amount shall not be counted towards any minimum purchase requirements for the year of purchase) within [ * ] of receipt of the notice, then Supplier shall have the right, in Supplier’s sole discretion and as Supplier’s sole remedy for Distributor’s failure to meet the minimum purchase requirements hereunder, either to convert the appointment of Distributor from exclusive to non-exclusive or to terminate this Agreement. In the event of either conversion to non-exclusive or termination of this Agreement pursuant to this Section 3(e), the Supplier shall pay Distributor a conversion fee equal to [ * ], and Distributor shall transfer all Regulatory Approvals relating to BMS or DES in the Territory to Supplier.

  • Minimum Tangible Net Worth The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) 203,170,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after the Agreement by the Parent, the Borrower or any of the Subsidiaries of the Parent to any Person other than the Parent, the Borrower or any of the Subsidiaries of the Parent.

  • Minimum Purchase Broker-Dealer shall not sell fewer than $5,000 in Notes to any purchaser without the prior written consent of Issuer.

  • Minimum Working Capital The Borrower shall maintain at all times Working Capital (which shall mean Current Assets less Current Liabilities) of at least $500,000.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Minimum Orders Client may order Manufacturing Services for batches of Products only in multiples of the Minimum Order Quantities as set out in Schedule B to a Product Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.