We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Minimums Sample Clauses

MinimumsThe Company will charge a monthly minimum according to the type of account. This minimum applies only to service revenue & not SaaS/setup revenue and comes in to effect after a ramp-up period of no more than 3 months following the Reseller’s “go-live” date (typically within 120 days of the date this agreement is signed; unless otherwise agreed to in writing), and will continue for the duration of this agreement.
AutoNDA by SimpleDocs
Minimums. The Board and the Association recognize the fact that an adequate number of competent specialists, such as art, music, physical education, technology and nurse are essential to the operation of an effective educational program.
Minimums. Member’s initial order must meet or exceed the minimum point value for the discount level selected on the enrollment form. If Member does not order sufficient Software within forty-five (45) days of enrollment, Adobe may terminate or suspend that Member. To reorder, Member or Affiliates must place an order of at least one point. Member and its Affiliates shall ensure that all purchases include Member’s or Self-enrolled Affiliate’s Agreement Number and any additional information in order for the Reseller to accept such order.
MinimumsVacation periods are a minimum of one (1) full week or multiples of a full week. For the purposes of this Article, a week is considered to be the normal business week in operation at the Branch.
MinimumsEffective July 1, 2023, and except as otherwise provided in this instant Interim Agreement, all minimum rates, including base salary, rates applicable to any remaining grandfathered “high budget” SVOD series still in production, schedule breaks (except where specifically modified below), network prime time ceilings, “floors” applicable to clip use in New Media, second and subsequent basic cable licenses and secondary digital channels are increased by 11%. In the event that this Interim Agreement remains active on July 1, 2024, the same rates should increase by an additional 4%. In the event that this Interim Agreement remains active on July 1, 2025, the same rates should increase by an additional 4%.
MinimumsThe terms hereof are intended to cover only minimums in wages, hours, working conditions, and other employee benefits. The Employer may place superior wages, hours, working conditions and other employee benefits in effect and may reduce the same to the minimums herein prescribed, without the consent of the Union, provided however that for a period of (90) days after the execution of this agreement, the Employer agrees to refrain from reducing the hourly wages to above scale employees. This clause shall not be construed to changes contemplated or effected by the employer which may modify the traditional operation of the basic terms and conditions herein set forth.
Minimums. All of section 5 shall be deleted and replaced with the following: In order to retain the licenses granted in the Agreement and this Addendum, MedAmicus must sell, either alone or as part of a kit, not less than the number of units of the Product during each royalty year under this Agreement as set forth in Exhibit C attached to the Agreement. In the event MedAmicus does not sell the minimum quantities recited for each year in Exhibit C, MedAmicus may retain license rights granted herein per the following: (a) MedAmicus may retain exclusive license rights to all licensed fields described herein by paying the royalty for that number of units which would be sufficient to meet the applicable minimum quantities. For purposes of making this additional royalty payment, MedAmicus shall calculate an average unit selling price of the Product actually sold during the royalty year, and shall multiply that average unit selling price times the number of units that would be sufficient to meet the applicable minimum quantities, and then multiply that total times the appropriate royalty rate. In the event less than twenty per cent of the minimum quantities recited for a year were actually sold for that year, then the average selling price for the above calculation shall be set at [CONFIDENTIAL TREATMENT REQUESTED]; or (b) MedAmicus may retain exclusive license rights to the Venous Field described herein and non-exclusive license rights to the Arterial Fields and Related Fields described herein by paying the royalty for that number of units which would be sufficient to meet the applicable minimum quantities. For purposes of making this additional royalty payment, MedAmicus shall multiply the number of units that would be sufficient to meet the applicable minimum quantities times [CONFIDENTIAL TREATMENT REQUESTED]. (c) Even if MedAmicus makes no additional royalty payments beyond the royalty payments made in accordance with those units actually sold during the royalty year, MedAmicus shall retain exclusive license rights to the Venous Field. If MedAmicus does not sell the minimum quantities set forth in Exhibit C, and chooses not to pay the additional royalties described in sections (a) and (b) above to retain either exclusive or non-exclusive license rights to the Arterial Field and Related Field described herein, then Med-Design has the option, in its sole discretion, (a) to convert the exclusive license for only the Arterial Field and the Related Field to a non-exclusive...
AutoNDA by SimpleDocs
Minimums. Notwithstanding anything contained herein to the contrary, in no event shall Tenant’s Proportionate Share of Operating Expenses for any calendar year be less than the Operating Expense Allowance.
MinimumsThe terms hereof are intended to cover only minimums in wages, hours, working conditions and other employee benefits. Effective Dates: This Agreement shall be effective as of the first day of July, 2022 and shall remain in full force and effect until the 30th day of June, 2024, with the following provisions:
Minimums. The Agent agrees to achieve in each Calendar Year the quarterly and yearly minimum Net Sales targets set forth in Schedule 3 (each a “Minimum”, and collectively, the “Minimums”) for Products in the Territory. In the event of Agent’s failure to achieve the Minimum for any Calendar Year, or the Minimums for two or more consecutive quarters (each a “Failure”), MOTIVA may notify the Agent in writing of such Failure (the “Failure Notice”). Agent will be provided the opportunity to cure such Failure by, during the calendar quarter immediately following delivery of the Failure Notice (the “Cure Quarter”), achieving both (m) the applicable Minimum for the Cure Quarter and (n) additional Net Sales in an amount equal to the aggregate amount of Net Sales by which Agent failed to achieve the applicable Minimum(s) covered by such Failure. In the event Agent does not cure such Failure in accordance with the foregoing, MOTIVA may terminate this Agreement in its entirety or with respect to those certain Product(s) for which Agent did not satisfy the applicable Minimum(s), in it is own right and without prior intervention by a court or arbitral tribunal being required, and without any compensation or indemnity being due to the Agent, by giving written notice of termination, such termination to become effective thirty (30) days after the date of the notice of termination. For the avoidance of doubt: (y) Minimums shall be calculated on the basis of Net Sales and (z) Agent shall not be deemed to fail to achieve a Minimum solely to the extent that such failure was directly caused by MOTIVA’s failure to supply Products for Accepted Orders during the applicable period in accordance with the terms of this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!