Requirements Contracts Sample Clauses
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Requirements Contracts. The Customer and the Company acknowledge and agree that the Component Purchase Orders covered by this Agreement, constitute requirements contracts within the meaning of Uniform Commercial Code § 2-306(1). The Customer shall purchase from the Company one-hundred percent (100%) of its requirements for Component Parts in accordance with the terms of the Component Purchase Orders; provided, however, the Customer shall be relieved of such obligation with respect to a Component Purchase Order that is the subject of a Supply Default, for which the Customer elects to exercise remedies under this Agreement, the Purchase Order(s), applicable law or equity in respect of such Component Purchase Order.
Requirements Contracts. Contracts obligating the Company or any of the Subsidiaries to provide or obtain products or services for a period of one year or more or requiring the Company to purchase or sell a stated portion of its requirements or outputs;
Requirements Contracts. KIC and Zomax shall enter into at the Closing a Requirements Contract in the form attached hereto as Exhibit "D".
Requirements Contracts. These are agreements in which the vendor agrees to supply all of the purchaser's normal requirements for an item(s) at a specified price during a specified period.
Requirements Contracts. Contracts obligating Seller to provide or obtain products of services for a period of more than 30 days or requiring Seller to purchase or sell a stated portion of requirements or outputs;