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.
Minimum Purchase Quantity means the minimum purchase quantity available from suppliers for parts, components and other materials listed in the Master Xxxx of Material.
Minimum Purchase Quantity means 5 units of Vessels, including 5 units of yachts with 1 5', 19, 20', 226" or 24' beam hull.

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.

  • In the event that TomoTherapy fails to purchase Minimum Purchase Quantity, it shall be deemed to be a material breach of this Agreement by TomoTherapy and Hitachi shall have the rights specified under Article 6 of this Agreement.

  • 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.

  • The Bureau proposed, among other things, to address communications in connection with debt collection; interpret and apply prohibitions on harassment or abuse, false or misleading representations, and unfair practices in debt collection; and clarify requirements for certain consumer-facing debt collection disclosures.

  • Buyer's guaranty to purchase the Minimum Purchase Quantity is conditioned upon Seller's ability to continue to supply state-of-the-art Products that are readily accepted by the marketplace.


More Definitions of Minimum Purchase Quantity

Minimum Purchase Quantity shall be amended to read as follows:
Minimum Purchase Quantity has the meaning given to such term in Section 4.5.
Minimum Purchase Quantity means the minimum quantity of Products which Customer is required to purchase from Supplier during a certain Fiscal Year.
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.
Minimum Purchase Quantity means the minimum target that Reseller has to meet in relation to purchases of Gateway Products and more particularly set out in Exhibit D.
Minimum Purchase Quantity means [***].
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.