Minimum Purchases definition

Minimum Purchases. CRI has committed to purchase no less than $[****] of Services as described in Section 1, during each year of the Initial Term and each Renewal Term (the "Minimum Purchase"). For the purposes of this Section 5 Minimum Purchases shall be defined as the total cost of Services on the date the order is placed, adjusted for any later cancellations, postponements or changes in scope, but not adjusted for accrual revenue recognition or timing of invoices or payments. For the purposes of calculating the Minimum Purchases made during the first [****] period of the Term, all purchases made from January 1, 2001 shall be included.
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Minimum Purchases means *. In the event of early Termination of this Agreement during a Contract Year or Renewal Year, the Minimum Purchases for such Contract Year or Renewal Year, as the case may be, shall be prorated.
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Minimum Purchases means the minimum number of commercial pouches of the Product that CUMBERLAND must purchase, as set forth in Exhibit A.
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Examples of Minimum Purchases in a sentence

  • CRI agrees that its right to stop or cancel work does not relieve if from the obligation to purchase and pay for the Minimum Purchases.

  • In other words, the Client account cannot purchase or sell a security for more or less than the Access Person.

  • CRI shall receive credit against its yearly Minimum Purchases only for purchases of the Service which have a start date that is no more than [****] days from the end of the [****] period in which they were purchased.

  • In the event Manufacturer refuses to prosecute an infringement action following notice thereof by Purchaser, to the extent that Purchaser demonstrates that such failure to prosecute resulted in Purchaser's failure to meet Aggregate Minimum Purchases set forth on Schedule 7.5(b) for a Region, then the Aggregate Minimum Purchases shall be deemed waived for that Region for the year in question.

  • CUMBERLAND agrees to meet Minimum Purchases annually in accordance with Exhibit A.

  • Upon any failure by Distributor to make Gross Purchases in sufficient amounts to meet or exceed the applicable cumulative Guaranteed Minimum Purchases, WGT may, at its sole option and effective upon notice to Distributor, terminate this Agreement.

  • The parties acknowledge and agree that it would be difficult or impossible to calculate WGT's actual damages arising from Distributor's failure to timely pay all of the Guaranteed Minimum Purchases.

  • The Guaranteed Minimum Purchases and all other amounts payable to WGT under this Agreement do not include sales, use or value added taxes, customs fees, duties or other governmental taxes or charges.

  • In the event any such inspection shows Minimum Purchases are not met for any MPP, the provisions of Section 13(d) shall apply.

  • If at the end of the Revenue Period the Purchasers have not made the Minimum Purchases, Pasaca may extend the Revenue Period by up to 24 months by payment to QMC of advances (to be credited against Minimum Purchases) of $25,000 for each six-month extension period.


More Definitions of Minimum Purchases

Minimum Purchases for the Initial Term are as set forth in the attached Schedule B.
Sample 1
Minimum Purchases means the annual dollar amount of the minimum purchases which are required to be purchased by PSI in each Contract Year during the Term of this Agreement.
Sample 1

Related to Minimum Purchases

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Net Purchases means purchases of goods and services charged to the Account, less refunds and adjustments;

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Period means the minimum period for the Service, the initial term of which is set out on the Front Sheet and which starts on the Service Start Date; the minimum period may be renewed on agreement between you and us from time to time for further minimum periods for the same length as, or different to, the initial term.

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum Price shall have the meaning set forth in Section 7.2(b)(ii).

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Purchase Order Number means the Customer’s unique number relating to the supply of the Services;