Minimum Purchase Obligation. During the Term of this Agreement Licensee hereby undertakes to purchase from WWI Licensed Products the aggregate value of which is not less than US$3,000,000 (Three Million United States Dollars) (the "GUARANTEED AMOUNT"). Within sixty (60) days of the Commencement Date, Licensee shall provide WWI with a projected breakout by quarter of the distribution of purchases for the Term.
Appears in 3 contracts
Sources: License Agreement (Jakks Pacific Inc), License Agreement (Jakks Pacific Inc), License Agreement (Jakks Pacific Inc)