Minimum Revenue Requirement. (a) The “Flight Charge” for each Air Service Flight shall be specified in Schedule 1.
Minimum Revenue Requirement. 1. Actual 12 month Trailing Revenue for this month: $ ____________
Minimum Revenue Requirement. For all quarters beginning within the first eighteen (18) months following the Effective Date, the Minimum Revenue shall be set at zero (0) dollars. For the first quarter beginning eighteen (18) months after the Effective Date and continuing any and all quarter thereafter, the Minimum Revenue shall be $100,000.
Minimum Revenue Requirement. In connection with the First Amendment, the Parties agreed to a revised (lower) price for Contract Year 3, in conjunction with an increased Yearly Minimum Quantity commitment from Suntech in Contract Year 3, as was set forth on Attachment B-1 to the First Amendment, as well as a quarterly minimum demand schedule for Suntech as was set forth on Attachment B-1 to the First Amendment. The net end result of the revisions reflected in the First Amendment described above and in Section 1.3(a) was to maintain the same aggregate revenue commitment from Suntech to MEMC Singapore for Contract Year 3 (the “Contract Year 3 Revenue Amount”) as Suntech had previously committed to MEMC Singapore in the Agreement and in the First Amendment. Suntech has now requested a further price reduction, and as a result, the Parties have agreed with this Second Amendment to a revision to Suntech’s Yearly Minimum Quantity for Contract Year three (calendar year 2009) as is set forth on Attachment B-2 to this Second Amendment, at the prices set forth on Attachment B-2 to this Second Amendment. The amount by which the aggregate revenue to MEMC Singapore from actual purchases made by Suntech in Contract Year 3 (notwithstanding the increased Contract Year 3 Yearly Minimum Quantity on Attachment B-2) is less than the Contract Year 3 Revenue Amount is the “Contract Year 3 Purchase Shortfall.”
Minimum Revenue Requirement. Commencing in […***…], in connection with the review of the Tactical Plan, […***…] (the “Minimum Revenue Requirements”). If the specifications for a First Year Product are modified pursuant to Section 2.3, the JOC may establish new Minimum Revenue Requirements for such First Year Product for the year in which such modification occurs. Roche will […***…]. If Roche fails to meet the Minimum Revenue Requirements for a First Year Product in any country in the Territory for […***…], then FMI will have the right, in its sole discretion, to either (i) remove such country from the Territory (and upon such election such country shall be deemed to be included in the FMI Territory) or (ii) convert the license for such country to non-exclusive.”
