Common use of Minimum Performance Clause in Contracts

Minimum Performance. 1.1 The Licensee hereby acknowledges that the grant of this License is a valuable property right and is granted by the Licensor on condition, among others contained in the Agreement, that the Licensee shall meet minimum annual sales quotas of AK Units. All sales made by the Licensee in

Appears in 2 contracts

Sources: Exclusive International Manufacturing and Trademark License Agreement, Technical License and Trademark License Agreement