Sales Targets definition
Examples of Sales Targets in a sentence
To facilitate Distributor inventory sufficient to meet the above minimum Sales Targets, the following minimum Distributor purchase volumes per calendar quarter are recommended.
For subsequent calendar years during the Term, the parties agree to use best efforts to negotiate and mutually agree upon new Sales Targets for the coming calendar year between November 1 and November 30 of the year prior.
The Reseller shall make its best efforts to achieve the annual Sales Targets set out in the Section 6 of the Cover Sheet or separately agreed by the Parties.
The mutually agreed upon Sales Targets shall then apply for the approaching calendar year.
For example, the parties shall negotiate and agree upon Sales Targets for year 2004 during the time period November 1 through 30, 2003.
To facilitate Distributor inventory sufficient to meet the above minimum Sales Targets, the following minimum Distributor purchase volumes per calendar quarter are required.
Any failure to meet such annual Sales Targets may be deemed a material breach of this Agreement.
Distributor agrees to meet the following cumulative Sales Targets for Single Use Breathing Inserts (Disposables) in the combined European Territory and Taiwanese Territory in the years 2002 and 2003: Year 2002: [*] total units, with [*] of those units purchased before March 27, 2002.
Sales Targets for years beyond 2002 and 2003 will be mutually agreed upon by the parties in writing in accordance with Exhibit B.
Failure by Distributor to meet or exceed the Sales Targets established in year 2004 shall result in loss of Exclusivity in the subsequent calendar year, and Distributors rights shall convert to non-exclusive upon January 1, 2005.