Required Purchases Clause Samples
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Required Purchases. Customer may be required to purchase from Compass other equipment, accessories, software, or hardware, such as power cords (“Required Purchase”), to ensure compliance with the technical and fire safety requirements at the Hosting Facility. Customer shall be notified about and approve of any Required Purchase in advance. If Customer does not approve of a Required Purchase within fifteen (15) days of being notified of such Required Purchase, Compass may either (i) proceed with most cost-effective option, and Customer agrees to pay any associated fees in connection therewith or (ii) terminate the Agreement and have the Customer Hardware returned to Customer at Customer’s expense and the Agreement would be deemed terminated with Customer owing the Termination Fee (as defined below).
Required Purchases. Uniformed members shall be required to purchase uniform parts and equipment as defined by appropriate orders, regulations, codes, or other policies of the Chief and City Manager. Plain clothes members will be expected to purchase the needed clothing and equipment to function as plain clothes members of the Department, as required by appropriate orders, regulations, codes, or other policies of the Chief and City Manager.
Required Purchases. Members shall be required to purchase uniform parts and equipment as defined in General Order 41.
Required Purchases. The Volume Requirements in any binding period will constitute binding commitments on Client to purchase such specified volumes of Products.
Required Purchases. (a) In the event that the Minimum Delivery Requirement is not satisfied, then upon the expiration of the Revolving Period, API shall purchase from AFI all Acquired Films theretofore acquired by AFI for a cash purchase price equal to the greater of (i) the aggregate Fair Market Value of such Acquired Films and (ii) the sum of (x) all unpaid Obligations plus (y) the Applicable Liquidation Preference as of the purchase date. AFI will use the cash purchase price received from API to repay all unpaid Obligations and make the distributions set forth in Sections 6.7(c) and (d) of the Trust Agreement.
(b) In the event that API is required to purchase a Declared Qualifying Picture from AFI pursuant to Section 5(b) or (d) of the Sponsor Agreement, AFI will sell without representation or warranty to API and API will purchase from AFI such Declared Qualifying Picture and AFI will apply the proceeds thereof, all in accordance with the terms of Section 5(b) or (d) of the Sponsor Agreement, as the case may be.
Required Purchases. Distributor shall order and purchase the number of Product units set forth in the table contained in Exhibit B and in accordance with the schedule to be mutually agreed upon, which by reference thereto, will be made an integral part of this Agreement. However, the obligation of the Distributor to order and purchase any said units may at the option of the Distributor be decreased by the number of Product units ordered pursuant to this agreement which Early Detect Inc. is unable to deliver during the immediately preceding year.
Required Purchases. OHMEDA PPD shall *** of Product from GENSIA in the first twelve (12) month period commencing on the approval of GENSIA's ANDA for the Product and (ii) *** units of Product from GENSIA in the next twelve (12) month period during -------- *** Confidential material redacted and separately filed with the Commission. the term of this Addendum. Such minimum unit purchase obligation may be fulfilled by the purchase of any mix of available presentations of the Product. In the event OHMEDA PPD fails to purchase such minimum quantity of units during either of the foregoing twelve (12) month periods, OHMEDA PPD shall pay to GEENSIA, within thirty (30) days after the close of such twelve (12) month period, a cash payment equal to the difference between (a) the amounts which would have been due GENSIA from OHMEDA PPD pursuant hereto had OHMEDA PPD purchased such minimum quantity of Product from GENSIA and (b) the actual ▇▇▇▇▇▇▇▇ to OHMEDA PPD by GENSIA for such twelve (12) month period for Product. For purposes of this Section 6, the payments referred to in clause (a) above shall be calculated by assuming that OHMEDA PPD would have purchased the same mix of presentations of the Product as the then current IMS mix of propofol dosing sizes as reported for the twelve (12) months ending at the end of the quarter preceding the close of the contract year in question. OHMEDA PPD may purchase a *** of Product from GENSIA in each twelve (12) month period during the term of this Addendum. GENSIA's obligation under Section 11.2 of the Agreement to provide priority to OHMEDA PPD products shall apply to only 100% of the forecasted quantity of Product. Notwithstanding anything in the foregoing to the contrary, purchases by OHMEDA PPD of units of *** of the total units of Product purchased hereunder.