Minimum Quotas Sample Clauses

Minimum Quotas. Distributor hereby agrees to attain the -------------- marketing goals agreed upon by Distributor and the Company for purposes of this Agreement by ordering and taking delivery from the Company of the Quota of Products set forth in EXHIBIT "D" hereto. Distributor hereby agrees that the establishment and achievement of such Quota is of the essence of this Agreement, and that Distributor's failure to meet its Quota shall constitute a material breach hereunder, entitling the Company to terminate this Agreement for cause pursuant to Section 16 hereof and entitling the Company to seek monetary damages. Except Distributor shall have Fifteen Days (15) to cure this breach.
Sample 1Sample 2See All (8)
AutoNDA by SimpleDocs
Minimum Quotas. Distributor hereby agrees to attain the marketing -------------- goals agreed upon by Distributor and the Company for purposes of this Agreement by ordering and taking delivery from the Company of the Quota of Products set forth in EXHIBIT "D" hereto. Distributor hereby agrees that the establishment and achievement of such Quota is of the essence of this Agreement, and that Distributor's failure to meet its Quota shall give the Company the right to end Distributor's exclusivity rights to distribute the Products in the Territory under this agreement without any responsibility. The Distributor can fulfill the specified quota by purchasing products in advanced.
Sample 1Sample 2Sample 3See All (4)
Minimum Quotas. It is a requirement for each I.C. to sell and maintain a minimum of seven franchises within first 3 1/2 years of signing their contract:
Sample 1
Minimum Quotas. For the Period Sales Quota Effective Date to Effective Date + 1 year $ 0 Effective Date + 1 year to Effective Date + 2 years $ to be determined on Effective Date + 1 year Effective Date + 2 years to Effective Date + 3 years $ to be determined on Effective Date + 2 years
Sample 1
Minimum Quotas. Iit is a requirement for each I.C. to sell and maintain a minimum of seven franchises within, the first 3 1/2 years of signing their contract:
Sample 1
Minimum Quotas. During the first 12 months after the Effective Date herein the Sub-Licensees will deliver to the Sub-Licensor a minimum dollar value of orders in excess of $120,000 of the SubLicensor's Pediatric RapiMed product. During the following 12 months after the effective date herein the Sub-Licensees will deliver to the Sub-Licensor a minimum dollar value of orders in excess of $220,000 of the Sub-Licensor's Pediatric RapiMed product. During the following 12 months after the effective date herein the Sub-Licensees will deliver to the Sub-Licensor a minimum dollar value of orders in excess of $320,000 of the Sub-Licensor's Pediatric RapiMed product. Failure to comply with the stated minimums shall be grounds for termination of the Sub-License by the Sub-Licensor. Notice of termination with 10 days notice will be delivered by mail from the Sub-Licensor to the Sub-Licensees via U S mail with a return receipt proof of delivery. The quotas commence 90 days after the acceptance of the registration (the Effective Date) in Canada of the Sub-Licensor's Pediatric RapiMed product.
Sample 1
Minimum Quotas. During the first 12 months after the Effective Date herein the Licensee will deliver to the licensor a minimum dollar value of orders in excess of $500,000 of the licensor's Pediatric RapiMed product. During the following 12 months after the effective date herein the Licensee will deliver to the Licensor a minimum dollar value of orders in excess of $1,400,000 of the Licensor's Pediatric RapiMed product. During the following 12 months after the effective date herein the licensee will deliver to the Licensor a minimum dollar value of orders in excess of $2,400,000 of the licensor's Pediatric RapiMed product. Failure to comply with the stated minimums shall be grounds for termination of the license by the Licensor. Notice of termination with 10 days notice will be delivered by mail from the Licensor to the licensee via U S mail with a return receipt proof of delivery. The quotas commence 90 days after the acceptance of the registration (the Effective Date) in Hong Kong, China of the licensor's Pediatric RapiMed product.
Sample 1
AutoNDA by SimpleDocs
Minimum Quotas. For the Period Sales Quota Effective Date to Effective Date + 1 year [*] Effective Date + 1 year to Effective Date + 2 years [*] Effective Date + [*] year Effective Date + 2 years to Effective Date + 3 years [*] Effective Date + [*] years
Sample 1

Related to Minimum Quotas

  • 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 Claims 10.2.1 The Seller shall not be liable under this Agreement for breach of any Seller’s Warranty in respect of any individual claim (or a series of claims arising from similar or identical facts or circumstances) where the liability agreed or determined (disregarding the provisions of this Clause 10.2) in respect of any such claim or series of claims does not exceed 0.1 per cent of the Headline Amount.

  • 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.

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Minimum Annual Royalty During the TERM of this SUB-LICENSE, ADAPTIMMUNE shall pay to LTC a non-refundable minimum annual royalty (“MINIMUM ANNUAL ROYALTY”) of: (a) *** dollars ($***) for each full or partial calendar year during which there is no APPROVAL OBTAINED for any LICENSED T CELL PRODUCT, and (b) for the first full calendar year following the date that there is APPROVAL OBTAINED and thereafter, a non-refundable MINIMUM ANNUAL ROYALTY that is equal to fifty percent (50%) of ADAPTIMMUNE’s earned running royalties for the sale by ADAPTIMMUNE and its AFFILIATES of such LICENSED T CELL PRODUCTS in the previous calendar year. The MINIMUM ANNUAL ROYALTY will be fully-creditable against running royalties due and payable by ADAPTIMMUNE and its AFFILIATES on account of running royalties under Section 4.3 for the applicable calendar year for which such MINIMUM ANNUAL ROYALTY relates, but shall not be creditable against any MILESTONE PAYMENTS (defined at Section 4.4) made at any time. Any difference between the MINIMUM ANNUAL ROYALTY due for a particular calendar year, and the running royalties due and payable for such calendar year, will be paid along with the royalty payment and royalty report due for the fourth (4th) quarter of each calendar year (e.g. within forty-five (45) days of each December 31) in accordance with Section 4.6. For clarification purposes, MINIMUM ANNUAL ROYALTIES are not refundable in whole or in part.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

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

  • Xxxxx Date [Grant Date]

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Minimum Royalty At the beginning of each calendar year during the term of this Agreement, beginning January 1, 2016, Company shall pay to Medical School a minimum royalty of {***}. If the actual royalty payments to Medical School in any calendar year are less than the minimum royalty payment required for that year, Company shall have the right to pay Medical School the difference between the actual royalty payment and the minimum royalty payment in full satisfaction of its obligations under this Section, provided such minimum payment is made to Medical School within sixty (60) days after the conclusion of the calendar year. Waiver of any minimum royalty payment by Medical School shall not be construed as a waiver of any subsequent minimum royalty payment. If Company fails to make any minimum royalty payment within the sixty-day period, such failure shall constitute a material breach of its obligations under this Agreement, and Medical School shall have the right to terminate this Agreement in accordance with Section 8.3.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!