Purchase and Sale Commitment Sample Clauses

Purchase and Sale Commitment. (a) Customer shall purchase and Supplier shall sell the Requirement Volume of Product set forth below during the initial Contract Year (as hereinafter defined) of this Agreement: The Requirement Volume for each subsequent Contract Year shall be set forth in a notice from Customer to Supplier delivered on or before the first day of June preceding a Contract Year and, for each Product, shall be not less than sixty-five percent (65%) nor more than one-hundred percent (100%) of the Sales Target Volume for such Product for such Contract Year. (b) Customer also intends, but shall not be obligated, to purchase and Supplier also intends, but shall not be obligated, to sell for each Product an additional volume (the "Additional Volume") equal to the Sales Target Volume less the Requirement Volume. The Sales Target Volume for the initial Contract Year is set forth in Section 1(a) of this Agreement. The Sales Target Volume for each Product for each subsequent Contract Year shall be set by mutual agreement of the parties on or before the first day of May preceding a Contract Year and, in the absence of such mutual agreement on or before the first day of May, shall be set by Supplier for each Product in a notice to Customer and shall be not more than one hundred percent (100%) nor less than ninety-five percent (95%) of the Sales Target Volume for such Product set at the beginning of the preceding Contract Year (i.e., unadjusted by any change pursuant to Section 1(c), Section 1(d), Section 1(f), Section 1(g) or Section 15(c) of this Agreement). (c) In the event Customer receives a bona fide offer from a third party during any Contract Year, which offer (i) provides for the sale of Product to Customer, (ii) Customer desires to accept and (iii) may impact Customer's ability or willingness to purchase the Sales Target Volume, Customer shall notify Supplier (the "Third Party Purchase Notice") of the volume of Product it intends to purchase, the terms and conditions of such purchase and the date and time by which Supplier must respond to such Third Party Purchase Notice. Supplier shall have until the time and date set forth in such Third Party Purchase Notice to agree to sell the specified volume of Product to Customer on the terms and conditions set forth in the Third Party Purchase Notice. If Supplier fails to respond to the Third Party Purchase Notice within the time specified, or if Supplier declines to sell the specified volume of Product to Customer, Customer may purch...

Purchase and Sale Commitment. The Customer agrees to purchase from DigitalGlobe, and DigitalGlobe agrees to sell to the Customer for delivery to the End-User, equipment, software and other components meeting the requirements described in Appendix A (the “DAF System Requirements”), and with the deliverables specified in Appendix B (the “Statement of Work”) on the terms and subject to the conditions contained in this DAF Purchase Agreement and in any applicable export license provided for in Section 1.3(e). For any item of equipment listed in Appendix B, DigitalGlobe may elect to substitute another item or items, subject to prior written notice being given to the Customer, so long as the substitution does not adversely affect the performance of the DAF, or increase the purchase price set forth in Article 7.

Purchase and Sale Commitment. (a) Customer shall purchase and Supplier shall sell the Requirement Volume of Product set forth below during the initial Contract Year (as hereinafter defined) of this Agreement: The Requirement Volume for each subsequent Contract Year shall be set forth in a notice from Customer to Supplier delivered on or before May 15 preceding a Contract Year and, for each Product, shall be not less than sixty-five percent (65%) of the Sales Target Volume for such Product as of May 15 of the current Contract Year nor more than one-hundred percent (100%) of the Sales Target Volume for such Product for such subsequent Contract Year. (b) Customer also intends, but shall not be obligated, to purchase and Supplier also intends, but shall not be obligated, to sell for each Product an additional volume (the “Additional Volume”) equal to the Sales Target Volume less the Requirement Volume. The Sales Target Volume for the initial Contract Year is set forth in Section 1(a) of this Agreement. The Sales Target Volume for each Product for each subsequent Contract Year shall be set by mutual agreement of the parties on or before the first day of May preceding a Contract Year and, in the absence of such mutual agreement on or before the first day of May, shall be set by Supplier for each Product in a notice to Customer and shall be not more than one hundred five percent (105%) of the Sales Target Volume for such Product set at the beginning of the preceding Contract Year (i.e., unadjusted by any change pursuant to Section 1(c), Section 1(d), Section 1(f), Section 1(g) or Section 15(c) of this Agreement). (c) In the event Customer receives a bona fide offer from a third party during any Contract Year, which offer (i) provides for the sale of Product to Customer, (ii) Customer desires to accept and (iii) may impact Customer’s ability or willingness to purchase the Sales Target Volume, Customer shall notify Supplier (the “Third Party Purchase Notice”) of the volume of Product it intends to purchase, the terms and conditions of such purchase and the date and time by which Supplier must respond to such Third Party Purchase Notice. Supplier shall have until the time and date set forth in such Third Party Purchase Notice to agree to sell the specified volume of Product to Customer on the terms and conditions set forth in the Third Party Purchase Notice. If Supplier fails to respond to the Third Party Purchase Notice within the time specified, or if Supplier declines to sell the specified vo...

Purchase and Sale Commitment. Subject to the terms and conditions stated herein, Buyer shall take or pay for [confidential] Air Dried Metric Tons (each such Ton, an "ADMT") of Pulp per month ("Basic Tonnage") at the price specified in Section 4 of this Agreement ("Base Price") and as adjusted in accordance with Section 5. Buyer shall also purchase additional Pulp under the terms and conditions in Exhibit A, which is incorporated herein by this reference ("Additional Tonnage"), and Option Tonnage on the terms set forth therein.

Purchase and Sale Commitment. Subject to the terms and conditions herein, Taronis will sell to Purchaser, and Purchaser will purchase from Taronis, a minimum of fifteen (15) units and up to a total of thirty (30) Units as follows:

Purchase and Sale Commitment. PEP-C will purchase from MADISON - KIPP ▇▇▇% ▇▇ the VTAA Pedestals to support DCX requirements for the above listed programs for each year the program is in effect or renewed.

Purchase and Sale Commitment. Subject to the terms and conditions set forth in Sections 5 and 6, the Company agrees to sell to Allianz and Allianz agrees to purchase from the Company (or LifeUSA as the Company may designate) shares of Common Stock having an aggregate purchase price of $100,000,000 with respect to the five calendar years beginning with 1998 (the "Purchase Period") at the rate of $20,000,000 with respect to each calendar year, subject to reduction as provided in Section 2.4 below and extension as provided in Section 2.3 below.

Purchase and Sale Commitment. During the Contract Period, Distributor shall purchase from ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ shall sell to Distributor, upon the terms and conditions set forth in this Contract, such quantities of ▇▇▇▇▇▇▇▇'▇ gasoline and distillates (individually, a "Product" and collectively, the "Products") as Distributor shall request, subject to the minimum and maximum quantities stated below.

Purchase and Sale Commitment. Subject to the terms and conditions set forth below and in applicable law, Thomson-CSF ("Thomson") agrees to purchase, and Worldcomm Systems Inc. ("WSI") agrees to issue and sell to Thomson, 70,000 shares of common stock, par value $0.01 per share, of WSI ("Shares") for a total purchase price of $933,100 ($13.33 per share) to be paid by wire transfer or check at a closing (the "Closing") to occur at WSI's offices at the address set forth above no later than November 20th, 1995.