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Minimum Purchase Quantity definition

Minimum Purchase Quantity or "MPQ" shall mean, unless otherwise specified, the Minimum Purchase Quantity of each Unit of the Power Plant for a 12 month period and shall have the meaning stipulated in Article 2.2.
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Minimum Purchase Quantity means the minimum purchase quantity available from suppliers for parts, components and other materials listed in the Master Xxxx of Material.
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Minimum Purchase Quantity means [***].
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Examples of Minimum Purchase Quantity in a sentence

  • Next, ¶ 14 of the contract—entitled “Guaranteed Minimum Purchase Quantity or Minimum Royalty”—required Digital to fulfill several purchase and/or royalty obligations at various times during the contract period.

  • Should Buyer exercise its option under this section, Buyer's Minimum Purchase Quantity shall be reduced by the number of units returned.

  • Such reduction in the annual Minimum Purchase Quantity shall apply only to the year of such capacity shortage, and shall be a fraction equal to the ratio of (i) the aggregate, cumulative Prices of Products covered by Purchase Orders or Rolling Monthly Forecasts as to which Supplier has notified Purchaser that it does not have capacity, over (ii) the aggregate, cumulative Prices of all Products covered by Purchase Orders submitted by Purchaser to Supplier during such year.

  • Buyer shall retain this right of first refusal until Buyer has met its Minimum Purchase Quantity commitment, or the Minimum Purchase Term has expired, whichever is earlier.

  • If Private Label Partner fails to meet this Minimum Purchase Quantity, Symbol shall adjust the price to Private Label Partner to a level commensurate with their volume and the exclusivity as stated in section 2.4 of this Agreement shall be void.


More Definitions of Minimum Purchase Quantity

Minimum Purchase Quantity shall be amended to read as follows:
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Minimum Purchase Quantity means that quantity of Gas, if any, (expressed in Dth) that Buyer is obligated to purchase and receive if properly tendered by Seller pursuant to a Transaction. The Minimum Purchase Quantity is zero unless otherwise specified in a Confirmation Letter.
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Minimum Purchase Quantity the minimum quantity of Product described in units which IMMUCELL is obligated to purchase each Year, as referred to in clause 4 and detailed in Schedule 3 Part C.
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Minimum Purchase Quantity has the meaning given to such term in Section 4.5.
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Minimum Purchase Quantity means the minimum quantity of Products which Customer is required to purchase from Supplier during a certain Fiscal Year.
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Minimum Purchase Quantity. N/A Contract Price: $XX.XX USD/Dth
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Minimum Purchase Quantity means 5 units of Vessels, including 5 units of yachts with 1 5', 19, 20', 226" or 24' beam hull.
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