Purchase Targets Sample Clauses

Purchase Targets. 9.1 Up to 31 December 2003 the Distributor shall use all reasonable endeavours to achieve the minimum purchase targets specified in schedule 4. Purchase targets for the second year will be subject to agreement following delivery of the first 10 Products and in subsequent years minimum purchase targets shall be agreed annually in advance. In the event that the parties do not agree the minimum purchase targets within thirty (30) calendar days of the end of the preceding year in which minimum purchase targets were set, the previous year's minimum purchase targets shall be increased by 10% for first 3 years following the date of this Agreement and shall be deemed to be the minimum purchase targets for the year in respect of which agreement was not reached.
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Purchase Targets. Parties may agree on annual sales targets. If the parties cannot reach an agreement on the targets, Principal is entitled to set reasonable targets taking into consideration the market potential in the Territory. Agent agrees that it will use its best efforts in reaching the sales targets in compliance with the terms of this Agreement. Agent’s inability to reach a target is not however considered as a breach of this Agreement, unless Agent has otherwise materially violated its contractual duties under this Agreement. COMPLIANCE WITH LAWS AND REGULATIONS Agent shall at all times comply with all applicable laws and regulations when carrying out its business under this Agreement, especially all laws and regulations relating to export control, anti-corruption and bribery.
Purchase Targets. Purchaser will use its commercial best efforts to meet the Purchase Targets for the Software. Failure to meet the Purchase Targets will not constitute a material breach of this Agreement, provided that Purchaser has made good faith commercial best efforts to meet the Purchase Targets.
Purchase Targets. 4.1 The parties hereto have agreed on an aggregate annual purchase target for all Products to be purchased by Customer during the three Annual Periods occurring during the term of this Agreement, as follows: Annual Period Number of Rolls ------------- --------------- First [*] Second [*] Third [*]
Purchase Targets. The Distributor undertakes to achieve during each consecutive period of twelve months of the currency of this Agreement (the first such period to commence upon the date of commencement of this Agreement) the following minimum targets for purchases from the Principal for the Products during the relevant period as follows:

Related to Purchase Targets

  • Targets a) Seller’s supplier diversity spending target for Work supporting the construction of the Project prior to the Commercial Operation Date is ____ percent (___%) as measured relative to Seller’s total expenditures on construction of the Project prior to the Commercial Operation Date, and;

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Milestones Subject to the provisions of the SGIP, the Parties shall agree on milestones for which each Party is responsible and list them in Attachment 4 of this Agreement. A Party’s obligations under this provision may be extended by agreement. If a Party anticipates that it will be unable to meet a milestone for any reason other than a Force Majeure event, it shall immediately notify the other Parties of the reason(s) for not meeting the milestone and (1) propose the earliest reasonable alternate date by which it can attain this and future milestones, and (2) requesting appropriate amendments to Attachment 4. The Party affected by the failure to meet a milestone shall not unreasonably withhold agreement to such an amendment unless it will suffer significant uncompensated economic or operational harm from the delay, (1) attainment of the same milestone has previously been delayed, or (2) it has reason to believe that the delay in meeting the milestone is intentional or unwarranted notwithstanding the circumstances explained by the Party proposing the amendment.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Objectives 4.1 The Performance Plan (Annexure A) sets out-

  • Development Milestones In addition to its obligations under Paragraph 7.1, LICENSEE specifically commits to achieving the following development milestones in its diligence activities under this AGREEMENT: (a) (b).

  • Sales Milestones Subject to the terms and conditions set forth in the Agreement, in the event that the Annual Net Sales made by or on behalf of a Selling Entity for all Licensed Products in a given calendar year first exceeds a threshold set forth in the table immediately below, Pyxis shall pay to LCB the following one-time, non-refundable, non-creditable milestone payments. Annual Net Sales Milestone Threshold Payment (US Dollars) [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] In the event that in a given calendar year more than one (1) Annual Net Sales milestone threshold is achieved, Pyxis shall pay to LCB each separate Annual Net Sales milestone payment with respect to each Annual Net Sales milestone threshold that is achieved in such calendar year. Pyxis shall notify LCB in writing upon the first achievement, in respect of a Licensed Product, by or on behalf of Pyxis or its Affiliate or Sublicensee, of each of the Milestones set forth in Section 5.2 (Development Milestones), Section 5.3 (Regulatory Milestones) and Section 5.4 (Sales Milestones) no later than [***] of Pyxis’s knowledge of achievement thereof, and in any event, each of the Milestones set forth in Section 5.4 (Sales Milestones) no later than [***] after the end of the applicable calendar year in which such Milestone is achieved. No later than [***] of receipt of an appropriate invoice from LCB, Pyxis shall pay the applicable payment due upon achievement of the corresponding Milestone Event. Each Milestone Event shall be deemed to be achieved once for all Licensed Products and shall be payable only once.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Goals Goals define availability, performance and other objectives of Service provisioning and delivery. Goals do not include remedies and failure to meet any Service Goal does not entitle Customer to a Service credit.

  • Milestone A principal event specified in the Contract Documents including the Material Completion and Occupancy Date and other events relating to an intermediate completion date or time.

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