Sales Commitment Sample Clauses
A Sales Commitment clause establishes the obligation of one party, typically the buyer or seller, to purchase or sell a specified quantity of goods or services within a defined period. This clause may outline minimum purchase requirements, delivery schedules, or penalties for failing to meet the agreed-upon sales targets. Its core practical function is to provide certainty and predictability for both parties by ensuring a guaranteed level of business, thereby reducing the risk of fluctuating demand or supply.
POPULAR SAMPLE Copied 7 times
Sales Commitment. In addition to the efforts described herein, Agent hereby agrees to the minimum sales commitments for CryoCath Products during the term of the Agreement ("Sales Commitment") set forth on Exhibit C. Agent must meet all the annual Sales Commitments at the end of each twelve-month term and must meet 40% of the first term's commitment by the end of the first 9 months of that first term and 40% of the second term's commitment by the end of the first nine months of the second term (hereafter referred to as the "Interim Term Targets"). It is understood that the twelve month period referred to with respect to the interim and annual sales commitments will commence as of January 1, 2005. Throughout the term of this Agreement, if Agent fails to meet any of Sales Commitment or meet the Interim Term Targets, Agent's appointment may at CryoCath's option, automatically become non-exclusive for the remaining term of this Agreement subject to a 30-day cure period, without prejudice to CryoCath's other rights under this Agreement (including the right to terminate this Agreement upon written notice to Agent) and CryoCath may appoint one or more additional agents for sale of the Products or solicit orders for the Products directly in the Territory for the remaining term of this Agreement. Products returned to CryoCath for reason other than Product defect shall not count towards the fulfillment of Agent's relevant Sales Commitment or Interim Targets .
Sales Commitment. Supplier commits to aggressively market the Master Agreement as its go to market strategy in this defined sector and that its sales force will be trained, engaged and committed to offering the Master Agreement to Public Agencies through OMNIA Partners whether state or nationwide. Supplier commits that all Master Agreement sales will be accurately and timely reported to ▇▇▇▇▇▇▇. Supplier also commits its sales force will be compensated, including sales incentives, for sales to Public Agencies under the Master Agreement in a consistent or better manner compared to sales to Public Agencies if the Supplier were not awarded the Master Agreement.
Sales Commitment. Supplier shall market the Master Agreement through Supplier’s sales force or dealer network that is properly trained, engaged and committed to offering the Master Agreement as Supplier’s primary offering to Public Agencies. Supplier’s sales force compensation and incentives shall be greater than or equal to the compensation and incentives earned under other contracts to Public Agencies.
Sales Commitment. Seller agrees to sell and deliver to Buyer, during the Term, the quantities of Product as hereinafter stated in Article III at the Competitive Contract Price as hereinafter stated in Article V.
Sales Commitment. Supplier commits that all Master Agreement sales to Principal Procurement Agency and Participating Public Agencies will be accurately and timely reported to OMNIA Partners in accordance with the OMNIA Partners Administration Agreement. Supplier also commits its sales force will be compensated, including sales incentives, for sales to Public Agencies under the Master Agreement in a consistent or better manner compared to sales to Public Agencies if the Supplier were not awarded the Master Agreement.
Sales Commitment. Supplier commits to aggressively market the Master Agreement as its go to market strategy in this defined sector and that its sales force will be trained, engaged and committed to offering the Master Agreement to Public Agencies through OMNIA Partners nationwide. Supplier commits that all Master Agreement sales will be accurately and timely reported to OMNIA Partners in accordance with the OMNIA Partners Administration Agreement. Supplier also commits its sales force will be compensated, including sales incentives, for sales to Public Agencies under the Master Agreement in a consistent or better manner compared to sales to Public Agencies if the Supplier were not awarded the Master Agreement. Due to previous partnerships across multiple market segments, Medline cannot support a primary go to market strategy. Medline will work with Omnia to create a marketing plan, based on customer requests, within the education market.
Sales Commitment. Sales Commitment shall have the meaning set forth in Section 3.2.
Sales Commitment. RCI will use commercially reasonable efforts to achieve the jointly determined sales goals (sales per month, being activation of new core and prepaid Subscriptions-Boxed and Pay as You Go). Wireless and RCI agree that sales performance will be reviewed on or before December 31, 2002.
Sales Commitment. IMS agrees to accept Orders placed by Maxtor and to manufacture and sell such Products to Maxtor in the amounts specified in Section 7.1 ("Purchase Commitment") above. IMS acknowledges that due to the primary source nature of the Products, it is important that IMS maintain the ability to increase its manufacturing capacity upon Maxtor's reasonable request. IMS shall provide for reasonable contingency plans, including but not limited to double shifts and triple shifts of personnel, so as to expeditiously increase IMS' manufacturing capacity to meet Maxtor's customer demand. [*] IMS will be responsible for processing sufficient Product starts, procuring sufficient inventory (except those components to be procured by Maxtor pursuant to Section 9 ("Product Materials")) and taking all other actions to provide Maxtor with the quantity of Product set forth in accepted Orders.
Sales Commitment. Seller will sell and deliver to Customer’s specified destinations as defined in Paragraph 1.4; and Customer will purchase from Seller, the Products assembled and manufactured in compliance with specifications (“Specifications”) mutually agreed upon by Customer and Seller and the Price Lists agreed upon by Customer and Seller. Customer has no obligation to order or purchase Products, and Seller has no obligation to produce Products (other than as specified in this Agreement for prototype and testing purposes), unless and until Customer issues a Purchase Order and Seller accepts the Purchase Order and agrees to an Order Schedule. Seller shall acknowledge receipt of all Purchase Orders in writing, and if Seller can reasonably provide the Products ordered subject to the Order Schedule, Seller shall accept the Purchase Order.