Minimum Purchase Amount a. In consideration of the Consultant’s contributions to the development of the Products and such Consultant’s assignment of any right, title and interest in and to any Inventions related to the provision of the Services as set forth in Section 6 of the Agreement, the Company agrees to purchase not fewer than $1,000,000 worth of Products if the Products contain Consultant’s Technology (the “Minimum Purchase Amount”) or $500,000 worth of Products if Products do not contain Consultant’s Technology (the “Minimum Purchase Amount”) of Products from Consultant before it purchases any such Products from a manufacturer other than Consultant.
Minimum Purchase Amount. On the Purchase Date, the aggregate Purchase Price of the Purchased Securities transferred by the Seller to the Buyer shall not be less than the Minimum Purchase Amount.
Minimum Purchase Amount. Commencing on the Start Date on which the Term of this Agreement begins and from time to time during the Term of this Agreement, Xxxxxx agrees to sell and deliver and EPSC agrees that it or its Buyer Entities will purchase and receive a total amount of Goods and Services equal to the Minimum Purchase Amount of $18,000,000 ("MPA"). In order to expand the relationship between Xxxxxx and EPSC and EPSC's Buyer Entities, at least $6,000,000 of the MPA will be Incremental Business; provided, however, the maximum dollar value of valves that are Incremental Business that can be credited against the MPA is $3,000,000. Any Incremental Business purchased by EPSC and/or its Buyer Entities in excess of $6,000,000, but not to exceed an additional $6,000,000 shall be Additional Incremental Business. Such Additional Incremental Business will not be credited against EPSC's MPA requirements. Incremental Business and Additional Incremental Business shall be priced as described in Section 8 above.
Minimum Purchase Amount. Subject to the Company's right set forth in Section 6.4. hereof, Distributor shall purchase Products from Company to meet annual minimum purchase amount requirements (the “Minimum Purchase Amount”) in U.S. dollars (or the applicable currency denoted in Section 7.1.1), for sale in the Territory, as listed in Exhibit H regarding each of the Products line.
Minimum Purchase Amount. The Distributor will use its best efforts to sell and promote sellers complete product line in defined territory. Distributor agrees to purchase an estimated minimum amount in the first year within a range of 200,000,000 Yen to 300,000,000 Yen The second year estimated annual purchase amount will be within a range of 400,000,000 Yen to 600,000,000 Yen Estimated annual target for the third year will be 900,000,000 to 1,000,000,000 Yen
Minimum Purchase Amount. Regardless of the Exclusivity Period as defined below, OEM agrees to purchase and Manufacturer agrees to sell and, subject to Section 8.2 above, deliver the Products to OEM pursuant to the Minimum Purchase Amount as set forth in Exhibit C.
Minimum Purchase Amount. Distributor and Company shall agree in writing upon a reasonable minimum purchase amount in Euros for Distributor for the Product in the Territory for each calendar year during the Term (the “Minimum Purchase Amount”). The initial Minimum Purchase Amount is set forth in Exhibit E. For each subsequent calendar year during the Term, the Minimum Purchase Amount for that upcoming calendar year will increase automatically by ten percent (10%) from the previous calendar year unless the parties agree otherwise in writing. Distributor shall purchase Products in sufficient quantities to meet or exceed the Minimum Purchase Amount for the applicable year, provided that Distributor will have no obligation to meet the Minimum Purchase Amount if the Product is unavailable for more than sixty (60) consecutive days or a total of seventy-five (75) days during the applicable year. In the event that Distributor does not meet or exceed the Minimum Purchase Amount for a calendar year, Distributor shall make a payment to Company in an amount equal to fifty percent (50%) of the shortfall amount within sixty (60) days of the end of that calendar year. The remedy under this Section 2.10 is Company’s sole remedy for Distributor’s failure to meet or exceed the Minimum Purchase Amount. For the avoidance of doubt, a Purchase Order submitted in any calendar year counts towards the Minimum Purchase Amount for that calendar year unless Distributor cancels such Purchase Order.
Minimum Purchase Amount. 5.1 ANLICARE shall purchase at a minimum such quantity of Products in each Contract Year stated in Schedule 3 of this Agreement.
Minimum Purchase Amount. At the Closing, Buyer agrees to purchase the Shares from NuGene for a cash consideration of $220,000 (the “Purchase Price”).
Minimum Purchase Amount. The Company shall sell and issue a minimum of at least $15,000,000 aggregate purchase price of Common Stock to the Purchasers collectively at the Closing, of which at least 15% of the aggregate number of shares of Common Stock so sold and issued at the Closing must be purchased by Biovail.
