Product Purchases definition

Product Purchases means, for each Contract Year, the Products purchased by Abbott and its Affiliates from Abaxis. For the purposes of this definition, a Product shall be considered purchased in the Contract Year in which it was delivered after having been duly ordered in accordance with the terms and conditions hereunder.
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Product Purchases. The second to the last sentence of the first paragraph is amended and restated with the following two sentences: "GNC will use its best efforts to supply Rite Aid under this Agreement at a ship rate service level of not less than [*]% on purchase orders placed by Rite Aid for GNC Brand Product, calculated on a dollar value (dollars ordered versus dollars shipped). There will be no penalties to GNC, but on an annual basis for every percentage point or points (including fractional for less than full percentage points) the actual ship rate is below the [*]% ship rate service level, then the Minimum Purchase Requirements for that same period shall be reduced by the same percentage point or points (including fractional for less than full percentage points)."
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Examples of Product Purchases in a sentence

  • If the exchange of such information does not resolve the dispute, the Parties shall negotiate in good faith to determine the actual Product Purchases in such Contract Year and, if such dispute is not resolved within [ * ], the dispute shall be resolved pursuant to Section 9.11.

  • Following each Contract Year, the number of Product Purchases for such Contract Year shall be determined as set forth in Subsections 2.6(a) and/or 2.6(b) below and the Parties shall execute and attach to this Agreement the “Annual Product Purchase Calculation” form set forth on Exhibit 2.6 completed for such Contract Year.

  • Orders placed and payments made to CPL shall, except for the payee, otherwise comply with all requirements of Section 3 (Payment and Product Purchases) of the Amended Agreement and be counted for all purposes of the Amended Agreement as if they were purchased directly from SMI.

  • Member shall purchase from Co-op and Co-op shall sell to Member during each Year the quantity of nutrient (contained in Product of various types) as set forth in the Schedule of Product Purchases hereto attached.

  • Product Purchases." The second to the last sentence of the first paragraph is amended and restated with the following two sentences: "GNC will use its best efforts to supply Rite Aid under this Agreement at a ship rate service level of not less than [*]% on purchase orders placed by Rite Aid for GNC Brand Product, calculated on a dollar value (dollars ordered versus dollars shipped).

  • MWI will offer its services and products to each Banfield Charter Practice hospital on the terms described in this Agreement and the Agreement for Product Purchases.

  • Abbott shall achieve Product Purchases greater than or equal to the Base Target as set forth in the following Table 2.4(a) (“Minimum Purchase Requirement”).

  • After the expiration of the Base Period this Agreement shall remain in force for an indefinite term until the Product sales and purchases provided in the Schedule of Product Purchases and all supplements thereto have been completed as required by this Agreement.

  • General Terms and Conditions for Petroleum Product Purchases and Sales Effective August 1, 2010 (the “General Conditions”) are incorporated into and made a part of this Agreement for the purposes of Product sales made by Apex to Customer at any Terminal.

  • Within [ * ] after the end of each Contract Year, Abaxis may provide Abbott with Abaxis’ written calculation of A▇▇▇▇▇’▇ Product Purchases in such Contract Year (the "Abaxis Calculation").

Related to Product Purchases

  • product placement means any form of audiovisual commercial communication consisting of the inclusion of or reference to a product, a service or the trade mark thereof so that it is featured within a programme, in return for payment or for similar consideration;

  • Seller Products means all products sold, offered for sale, licensed, under development, distributed or otherwise provided by or for Seller or any of its Subsidiaries to any Third Party in the conduct of the Sale Business as currently conducted, including but not limited to such products listed on Schedule 1.1(b).

  • Other Products means all products and services, other than an Advance, Credit Product or Derivative Transaction, offered by the Bank to any Obligor from time to time, including correspondent banking services, mortgage purchase programs and affordable housing and community investment products and services.

  • Designated Products means products provided by Motorola to Licensee with which or for which the Software and Documentation is licensed for use.

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.