Minimum Volumes. 20.1 Whether a Participant is obliged under this Framework Agreement to purchase a minimum volume of goods, services or works under any Commissioned Contract of a Call-off Partnership Only to the extent indicated in the relevant Work Order.
Minimum Volumes. There will be no requirement for Minimum Volume under this CDP to maintain exclusivity.
Minimum Volumes. Except as set forth in Section 3.3.1, commencing the first calendar year following the later of (i) FDA approval or clearance of the Product, or (ii) FDA approval or clearance of the SRM Neuroprotection System, SRM agrees that SRM will purchase (A) a minimum of [***********] units of Product during the first full calendar year, and (B) minimum of [**********] units of Product annually thereafter (the “Minimum Volume”). The Minimum Volume shall be binding on SRM until the natural expiration of the License Agreement, due to expiration of the last-to-expire of the Licensed IP, if the License Agreement remains in effect through such natural expiration, For the avoidance of doubt, Cordis may terminate this Agreement according to Section 11.2., if SRM fails to meet the Minimum Volume requirement set forth in this Section 3.3 and Section 3.3.1.
Minimum Volumes. CMC shall be obligated to purchase from Cabot during each six month period covered by a Six Month Forecast a "Minimum Volume," meaning at least [ ]% of the aggregate volumes of Fumed Silica forecasted to be purchased by CMC as set forth in each Six Month Forecast. Cabot and CMC recognize that damages for CMC's failure to purchase Minimum Volumes would be difficult to ascertain and prove. Cabot and CMC agree that if, during any six month period CMC fails to purchase from Cabot the Minimum Volume of Fumed Silica for such six month period, CMC shall pay to Cabot liquidated damages in an amount equal to the product obtained by multiplying (i) the difference (in pounds) between (x) the applicable Minimum Volume and (y) the amount of Fumed Silica actually purchased by CMC during the relevant six month period times (ii) $[ ]. Cabot and CMC agree that such liquidated damages are the sole and exclusive remedy for CMC's failure to purchase Minimum Volumes. Cabot and CMC further agree that such liquidated damages represent a reasonable estimate of Cabot's damages and do not constitute a penalty.
Minimum Volumes. 11.3.1 The lessee shall procure that -
11.3.1.1 the lessee delivers to ACSA by not later than four business days after the twentieth day of each calendar month of this agreement, or such other date as required by ACSA, a statement showing the total volume of aviation fuels (including without limitation the total volume of aviation fuels ready and certified in terms of JIG for use by and delivery to aircraft ("usable aviation fuels"), stored in the bulk fuel site and conveyed through the hydrant system and ground service equipment by the lessee (and any throughputters) on each day during the immediately preceding calendar month;
11.3.1.2 the total volume of usable aviation fuels stored at the bulk fuel site shall (subject to
11.3.1.3 it shall (subject to 11.3.2 and 7) at all times maintain sufficient volumes of usable aviation fuels and related products at the bulk fuel site in order to at all times satisfy the demand of their respective customers for usable aviation fuels and/or related products at the airport.
11.3.2 In the event of any special circumstances which are likely to result in a temporary increase in the number of aircraft using the airport and/or a temporary increase in the demand for usable aviation fuels at the airport (for example, without limitation, the 2010 Soccer World Cup), ACSA shall be entitled (by giving the lessee at least six months prior written notice thereof) to require the lessees (who shall be obliged) to store at the bulk fuel site (for the period of such special circumstances and periods of thirty days both before and after such special circumstances commence and end (collectively "special periods")) such additional volumes (not exceeding the total storage capacity of the bulk fuel site) of usable aviation fuels as ACSA may stipulate in such notice. The provisions of 11.3.3 shall apply mutatis mutandis if the usable aviation fuels stored at the bulk fuel site is (at any time during the special periods) less than the amount stipulated by ACSA in such notice.
11.3.3 Without prejudice to any of ACSA's rights under this agreement and/or at law, should the usable aviation fuels stored at the bulk fuel site be less than two times the daily average (as calculated in terms of 11.3.
Minimum Volumes. 5.1 It is a condition of this Agreement that not less than 300,000 Parcels shall be posted under this Agreement in each year of the Agreement, calculated from the Commencement Date given in the Preface.
5.2 The Customer agrees that if it is unable to satisfy the condition in clause 5.1 above in any year of the Agreement, it shall migrate to the Packetpost Returns contract (a copy of which is attached to this Agreement at Schedule 3) for the remainder of the term of this Agreement and shall pay postage for Parcel Returns on the basis set out in the Packetpost Returns contract. Royal Mail will calculate the Charges according to the traffic profile of items received in each year.
Minimum Volumes. Subject to the requirements set forth in Section 3.1, this Agreement shall not obligate Customer to purchase any minimum volume of Product from PGF.
Minimum Volumes. 7.1 PRODUCER shall sell to EXPORTER and EXPORTER shall purchase from PRODUCER the following volume of the PRODUCTS: 1997 4 loads per week 1998 8 loads per week 1999 12 loads per week 7.2 PRODUCTS purchased from PRODUCER by EXPLORER do not have to be shipped to Japan, but will be included in the total weekly order weight.
Minimum Volumes. Subject to the provisions of Sections 1.2 through 1.4, inclusive, Crown Pacific agrees to make available for sale to Team Millwork, on the terms and conditions set forth in this Agreement, the following volumes of 1-9/16 inch Grade 3 and Better Random Width Random Length Ponderosa Pine Shop Lumber ("SHOP LUMBER"):
1.1.1 During each calendar month commencing in April 1997 and continuing to and including the month of March 1999 (as such period may be extended pursuant to Section 1.3.2, the "INITIAL SUPPLY PERIOD"), 2.0 million board feet ("MMBF") of Shop Lumber; and
1.1.2 During each of the 36 consecutive calendar months commencing with the calendar month immediately following the end of the Initial Supply Period (as such 36-month period may be extended pursuant to Section 1.3.3, the "SECOND SUPPLY PERIOD"), the lesser of (i) 2.0 MMBF of Shop Lumber, or (ii) 26% of the aggregate volume of Shop Lumber produced in Crown Pacific's sawmill in Gilchrist, Oregon (the "GILCHRIST MILL") and its sawmill in Prineville, Oregon (the "PRINEVILLE MILL" and, together with the Gilchrist Mill, the "XXXXX") during the calendar month in question. The minimum volume of Shop Lumber that Crown Pacific is required to make available for sale to Team Millwork during any calendar month pursuant to Section 1.1.1 or 1.1.2, as applicable, is referred to herein as the "MINIMUM VOLUME." The Initial Supply Period and the Second Supply Period are together referred to herein as the "TERM." Nothing in this Agreement is intended or shall be construed to prevent Crown Pacific from selling to Team Millwork, or Team Millwork from purchasing from Crown Pacific, Shop Lumber in excess of the Minimum Volume.
Minimum Volumes. Subject to Section 9.5, the Distributor will, in the ordinary course, order in each year of this Agreement, and pay for, the minimum volumes of Products set out in Schedule "B" and the Manufacturer will deliver such minimum volumes of Products in accordance with the other terms and conditions of this Agreement.
