Minimum Supply Requirement definition

Minimum Supply Requirement means, until otherwise determined by the Board, the supply to the Company of livestock that is accepted by the Company, numbering not less than 400 Production Equivalents in each of the two years ending on such date or dates as are determined from time to time by the Board in accordance with or for the purposes of the terms of issue of any Shares.
Minimum Supply Requirement has the meaning given to that term in Section 4.7.”
Minimum Supply Requirement means no less than 125,000 tons of the Product during each Annual Period.

Examples of Minimum Supply Requirement in a sentence

  • During this time, we agree to purchase the Minimum Supply Requirement (a daily and annual minimum amount of Milk) from or related to your Farm(s).

  • During this time we agree to purchase the Minimum Supply Requirement (a daily and annual minimum amount of Milk) from or related to your Farm(s).

  • Subject to fulfilling its obligations to purchase the Minimum Annual Purchase Requirement each Contract Year and the Monthly Minimum Supply Requirement each calendar month, ▇▇▇▇▇ may terminate any Purchase Order upon *** (***) Business Days written notice.

  • Any tons of Additional Product purchased under this Section 2.1(a) shall be applied to the Minimum Annual Purchase Requirement for the applicable Contract Year and the Monthly Minimum Supply Requirement for the applicable calendar month as if *** of such Additional Product was *** Premium Frac Sand and the other *** of such Additional Product was *** Premium Frac Sand.

  • Supplier is obligated to sell and ▇▇▇▇▇ is obligated to buy the Monthly Minimum Supply Requirement each calendar month.

  • Additionally, no more than *** percent (***%) of the Monthly Maximum Supply Availability in any given calendar month shall be *** Premium Frac Sand and no less than *** percent (***%) of the Monthly Minimum Supply Requirement (as may be adjusted pursuant to the last sentence of Section 2.1(a)) in any given calendar month shall be *** Premium Frac Sand.

  • Dal-Tile guarantees that it shall purchase and/or accept delivery from ▇▇▇▇ of the Minimum Supply Requirement during each Annual Period of the Term.