Common use of Minimum Quotas Clause in Contracts

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.

Appears in 3 contracts

Samples: Exclusive Distribution Agreement (Applied Digital Solutions Inc), Exclusive Distribution Agreement (Applied Digital Solutions Inc), International Distribution Agreement (Applied Digital Solutions Inc)

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 terminate this agreement without any responsibility. The Distributor can fulfill the specified quota by purchasing products in advanced.

Appears in 1 contract

Samples: International Distribution Agreement (Applied Digital Solutions Inc)

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