Minimum Purchase Commitment definition

Minimum Purchase Commitment shall have the meaning provided in Section 0 hereof.

Minimum Purchase Commitment is defined in subsection 5.1(i).

Minimum Purchase Commitment means Company’s minimum binding purchase commitment to SAFC for a minimum number of Batches of Vector Product during a Contract Year, determined as set forth in Section 3.1(a).

Examples of Minimum Purchase Commitment in a sentence

• The Minimum Purchase Commitment is set fort in Section 23 and in Annex K.

• In addition to meeting the Minimum Purchase Commitment, Distributor shall use its best efforts to promote the sale of the Products within the Territory, to develop a market for the Products and to enhance the Company's image in the marketplace as a provider of quality medical devices.

• If Distributor fails to meet the Minimum Purchase Commitments in any given period, INFRAREDX may either (i) provide Distributor the opportunity to purchase Products to satisfy such Minimum Purchase Commitment, (ii) terminate Distributor’s exclusivity in the Territory and appoint other distributors to distribute Products in the Territory, or (iii) terminate this Agreement upon ninety (90) days’ written notice.

• Exhibit A Exhibit A to Product Purchase Agreement Products, Prices and Minimum Purchase Commitment PRODUCTS, PRICES The following are the Products referred to in this Agreement for which prices have been agreed and constitute the "Products" under this Agreement.

• If the Customer fails to purchase the Minimum Purchase Commitment from the Company within 12 months from the date of this contract the Customer shall pay to the Company the difference between the total price of goods purchased by the Customer pursuant to the contract and the total sum payable under the Minimum Purchase Commitment.

More Definitions of Minimum Purchase Commitment

Minimum Purchase Commitment means the quantity of Batches which Prothena is obliged to purchase in any Year under the Product Agreement(s) and which shall mean the certain percentage of the Maximum Capacity Reservation as set forth in Section 4 and Appendix 3, as it may be adjusted in accordance with this Agreement.

Minimum Purchase Commitment is defined in Exhibit C.

Minimum Purchase Commitment means the number of products OpGen must purchase under the Supply Agreement during any applicable Minimum Purchase Commitment Period that equals or exceeds the number of products that must be purchased to receive [*****] volume pricing as set forth in Exhibit A to the Supply Agreement.

Minimum Purchase Commitment has the meaning set forth in subsection 4.01 of this Agreement.

Minimum Purchase Commitment means the specified minimum Unit Case quantities of the Products, as set forth in Exhibit C attached hereto, to be agreed upon by the parties pursuant to Section 3.2 hereof. As and when the parties agree to a Minimum Purchase Commitment, Exhibit C shall be amended accordingly.

Minimum Purchase Commitment. Section 2.2(a) “Nonconformance” Section 7.2

Minimum Purchase Commitment means Company’s minimum binding purchase commitment to SAFC for a minimum number of Vector Product during a Contract Year, including those additional Batches that are part of Company’s Binding Forecast, determined as set forth in Sections 3.1(a) and 3.2(a).