Minimum Purchase Requirement definition

Minimum Purchase Requirement shall have the meaning specified in Section 2.4.2.

Minimum Purchase Requirement means the minimum purchase requirements as set forth in Exhibit B, and/or as set periodically by Autodesk in its sole discretion, which reflect commercially reasonable quantities necessary for VAR to satisfy its obligations hereunder.

Minimum Purchase Requirement has the meaning set forth in Section 3.4(a) hereof.

Examples of Minimum Purchase Requirement in a sentence

• The time for fulfillment of the Minimum Purchase Requirement shall be extended by the amount of time Supplier takes to replace the non-conforming Product with conforming Product.

• Notwithstanding the foregoing, all Product paid for by Theravance shall count towards the Minimum Purchase Requirement.

• Theravance shall have the option to pay for the shortfall of the Minimum Purchase Requirement at the prices set forth in Exhibit 5.11 and waive Hospira’s manufacture and delivery obligations for the Product.

• For any Commercial Year where Hospira is unable to supply Product for a Firm Order Period, Theravance shall have no Minimum Purchase Requirement in that Commercial Year and shall be entitled to source all of its requirements for Product from Alternate Suppliers during the period of time that Hospira remains unable to supply.

• The aggregate Purchase Shortfall amount for a Contract Year shall not exceed the Minimum Purchase Requirement for such Contract Year less the amount of Product ordered and delivered to Weatherford.

More Definitions of Minimum Purchase Requirement

Minimum Purchase Requirement means the minimum purchase requirements for Partner’s applicable partner tier level (“Partner Level”) as set forth in the F5 Partner Program.

Minimum Purchase Requirement means the minimum purchase requirements as set forth in the Products Requirement Chart, and/or as set periodically by Autodesk in its sole and absolute discretion.

Minimum Purchase Requirement means the percentage of the Total Contract Quantity of Product that Buyer agrees to take and pay for, or pay for, if not taken, during the Term of this Contract. For purposes of this Contract, the MPR shall be ( ** ) percent (** %).

Minimum Purchase Requirement means the annual minimum unit volumes of Products to be purchased by GMH as identified for each Product(s) in Exhibit F.

Minimum Purchase Requirement means Customer’s purchase from Encap of a minimum of [***] units of Product in the Territory annually during the Term beginning on the date of Commercialization in the Territory (which annual amount (x) for the year in which such date of Commercialization occurs shall include purchases of Product since the Effective Date, and (y) for the final year of this Agreement shall be prorated if such final year is a partial calendar year).

Minimum Purchase Requirement and “Minimum Purchase Requirements” have the meanings set forth in Section 3.1.

Minimum Purchase Requirement means Products purchased by Mitcham from SERCEL as follows: From June 1, 2006 to December 31, 2006: 3,000 DSU3 428XL system From January 1, 2007 to December 31, 2007: 3,000 DSU3 428XL system From January 1, 2008 to December 31, 2008: 3,000 DSU3 428XL system However, SERCEL agrees that after the purchase of first DSU3 428XL system with a minimum total number of 3,000 stations; if Mitcham, for good business reasons, cannot support the purchase of the, Minimum Purchase Requirement during any period, Mitcham may meet the Minimum Purchase Requirement through its purchase of other SERCEL equipment after June 1, 2006, where the purchase price of the other SERCEL equipment is applied against an equivalent expenditure of the Minimum Purchase Requirement.