MINIMUM CREDITS Sample Clauses

The Minimum Credits clause establishes a baseline number of credits or units that a party must purchase, use, or commit to within a specified period. In practice, this clause might require a customer to buy a certain amount of service credits annually, regardless of actual usage, or obligate a distributor to meet a minimum sales threshold. Its core function is to ensure predictable revenue or usage levels for the provider, reducing the risk of underutilization and supporting business planning.
MINIMUM CREDITS. To be eligible to live in University residence halls, the student must carry a minimum of six (6) academic credits per semester.
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MINIMUM CREDITS. Cabin Attendants shall receive credits for flight time limitations and pay as follows: The greater of the actual hours flown or the scheduled flight, with a minimum guarantee of four hours.
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Related to MINIMUM CREDITS

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Cash As determined on the first of every calendar month, the Company shall at all times keep on-hand unencumbered, unrestricted cash in an amount greater than or equal to $1,000,000.

  • Product Availability Under no circumstances shall Company be responsible to Representative or anyone else for its failure to fill accepted orders, or for its delay in filling accepted orders, when such failure or delay is due to strike, accident, labor trouble, acts of nature, freight embargo, war, civil disturbance, vendor problems or any cause beyond Company's reasonable control.