Sales Commitments definition

Sales Commitments means the volume of Designated Products which a Member has agreed to sell to the Company as determined in Section 2.A for the first year of the Supply Agreement and in Section 4 for all subsequent years during the Term.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Sales Commitments means those unfulfilled sales orders, commitments by the Company to customers and other agreements of the Company, whether written or oral, made in the ordinary course of business, to sell Products through the Closing Date. Sales Commitments as of June 14, 2000 are set forth in Exhibit 1(P) hereof and shall be updated as of the Closing Date.

Sales Commitments means all open sales orders, commitments and agreements of Company to sell Products, including but not limited to, those sales commitments listed on Schedule 1(x), annexed hereto and made a part hereof, copies of which have been delivered to Buyer.

Examples of Sales Commitments in a sentence

The Company shall prepare and append to this Supply Agreement schedules showing the Sales Commitments so determined which shall be labeled "Sales Commitments for [Member's name] For January 1 through December 31, [year]".
The Company will purchase from the Members or otherwise sell on behalf of the Members all Sales Commitments.
During each calendar year during the Term of the Supply Agreement each Member and its Affiliates shall sell to the Company their respective Sales Commitments of Designated Products for such calendar year.
If the cost of compliance with regulatory requirements outside of the U.S. causes SUPPLIER's direct cost per unit to exceed SUPPLIER's direct cost as shown on Schedule C, ---------- then SUPPLIER and DISTRIBUTOR will mutually agree to adjust the prices as shown on Schedule C, and the Sales Commitments as shown on Schedule D, for any units ---------- ---------- purchased by DISTRIBUTOR for sale outside of the U.S. that require such compliance.
In the event the Company is unable to purchase from the Members or otherwise sell on behalf of the Members all Sales Commitments the Members shall absorb such shortfalls in proportion to the Member's respective Sales Commitments.
In such event all necessary modifications to the "Sales Commitments for [Member's name] For January 1 through December 31, [year]" schedule shall be promptly made.
To the extent that SUPPLIER's direct cost per unit for the Products exceeds that set forth on Schedule C, SUPPLIER and DISTRIBUTOR shall ---------- agree to an increase in the price to DISTRIBUTOR and a decrease to DISTRIBUTOR's Sales Commitments.
The Company shall add that volume of forecasted sales to the acquiring Member's applicable Sales Commitments, as defined below, for the balance of that calendar year.
During the Term of this Agreement, DISTRIBUTOR -------------------- shall use its best efforts to achieve minimum Global Sales Commitments and Major Market Sales Commitments as defined and specified in Schedule D.
However, 4Life’s foregoing right to buy out its Minimum Sales Commitment will not apply unless 4Life has been using commercially reasonable efforts to achieve the Minimum Sales Commitments.

More Definitions of Sales Commitments

Sales Commitments means commitments of the Company to sell Mortgage Loans.

Sales Commitments means those open sales orders, commitments and agreements of Segue to sell Products listed on Exhibit 11, annexed hereto and made a part hereof, copies of which have been delivered to the Buyer.

Sales Commitments. Initial Closing Date Sales Commitments and Final Closing Date Sales Commitments, collectively.