Common use of BASIC VOLUME Clause in Contracts

BASIC VOLUME. The Seller shall have the obligation to sell and the right to require the Buyer to purchase; and the Buyer shall have the obligation to purchase and the right to require the Seller to sell, a basic annual volume of Fruit of eleven million boxes of 18.14 kilograms at destination, apportioned by its origin and by the season of the year in the following manner:

Appears in 2 contracts

Sources: International Banana Purchase Agreement, International Banana Purchase Agreement (Chiquita Brands International Inc)